Insights

U.S./EU Framework Agreement: Key Updates on Reciprocal Tariffs, Autos, and Metals

September 30, 2025.
Trade Publications

The United States and the European Union finalized a broad trade agreement in late August, but several important changes have now been published as of September 29, 2025 in CSMS #66336270. These adjustments modify how reciprocal tariffs apply across the board, clarify tariff treatment for automobiles and auto parts, and confirm exemptions for...

Start Your Engines: Navigating the World of Dealer Licenses

September 30, 2025.
Tax Publications

A dealer license, or vehicle dealer license, is a permit issued by a state agency—such as the Florida Department of Highway Safety and Motor Vehicles— authorizes individuals or businesses to legally sell motor vehicles—from cars and trucks to motorcycles and mobile homes. This license is...

New Tariffs on Pharmaceuticals, Furniture, Cabinets, and Heavy Trucks Effective October 1

September 26, 2025.
Trade Publications

President Trump has announced another round of tariffs set to take effect on October 1, 2025. These duties, imposed under Section 232 of the Trade Expansion Act, are being justified on national security grounds and will touch a wide range of consumer and industrial sectors. Importers should prepare now for the...

Merchandise Processing Fee (MPF) 2025

September 22, 2025.
Trade Publications

US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2024. The minimum merchandise processing fee (MPF) will be increased to $33.58 from $32.71 and the maximum will be raised to $651.50 from $634.62. MPF is assessed by CPB for most imports into the US on an ad valorem...

U.S.–Japan Trade and Investment Deal

September 16, 2025.
Logistics Publications, Trade Publications

U.S.–Japan Strike Historic Trade and Investment Deal The U.S. and Japan have taken a major step forward in finalizing a broad agreement that blends tariff relief, strategic investment, and financial stability commitments. $550 Billion Investment at the Center The core of the agreement includes a colossal $550 billion...

Transshipment: Risks, Penalties, and Compliancy

September 11, 2025.
Trade Publications

In today’s interconnected supply chains, the concept of transshipment is not new. At its most basic definition, transshipment simply refers to the movement of goods through an intermediate port or country before reaching their final destination. This is a routine and legitimate part of global logistics. But when...

U.S. Imports – Rising Costs, Risks, and Workload Surge

September 09, 2025.
Trade Publications

As companies engage with new tariffs, evolving compliance demands and rising operational costs, the importing landscape has changed dramatically in 2025. What once was a relatively efficient system of customs clearance has transitioned to a resource-intensive process, requiring more staff, higher fees, and far greater vigilance. De Minimis Ends, and the...

Trade Fraud Task Force Agency

September 08, 2025.

The US Department of Justice and Homeland security have partnered together to create the Trade Fraud Task force Agency, a cross-agency partnership with a focus on insuring importers are following the new regulations set forth in the Trump administrations America First Trade Policy. Background The Trump administration issued the America...

CBP Guidance on Reciprocal Tariff Revisions

September 08, 2025.
Trade Publications

Late last week, the White House issued a new Executive Order that reshapes the landscape for reciprocal tariffs. The order, signed on September 5, 2025, takes effect immediately for goods entered on or after September 8, 2025. CBP has since released updated guidance clarifying how importers should navigate the changes. Key Adjustments to Product...

September 1st, A New Chapter in Canadian Surtax Countermeasures

September 03, 2025.
Trade Publications

In August, the Prime Minister of Canada, the Right Honourable Mark Carney, issued a letter addressing the counter-tariffs imposed on the United States. In it, he stated: “...the Canadian government will now match the United States by removing all of Canada’s tariffs on U.S. goods specifically...

From Manual to Modern: How AI is Transforming Tax Operations

August 28, 2025.
Tax Publications

Artificial intelligence (AI) is playing a growing role in revolutionizing the tax and accounting profession. By reducing manual workload, increasing accuracy, and enabling teams to concentrate on more strategic tasks, AI is helping businesses modernize and improve their operations. Streamlining Tax Operations Through AI One of the most impactful advantages...

U.S. Imposes 50% Tariffs on Imports from India

August 26, 2025.
Trade Publications

Beginning tomorrow, August 27, 2025, imports from India will face sweeping new tariff hikes as Washington presses forward with its latest round of trade restrictions. U.S. Customs and Border Protection (CBP) has issued guidance implementing Executive Order 14329, which adds a fresh 25% ad valorem duty on most India-origin goods. When combined with...