Changes to Export Regulations Involving Satellites
June 03, 2014.
Trade Publications
On May 13, 2014, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) published regulations expected to significantly change export controls on civil and commercial satellites and their related articles. These new regulatory changes will impact the civil and commercial satellite industry as the export of certain items...
Read MoreWhy is My Shipment Stuck in Customs?
June 02, 2014.
Trade Publications
Your import supply chain has many moving parts, and in order for it to be as efficient as possible all those parts should move like clockwork. If your current supply chain is wrought with storage charges, delayed shipments, and a lack of direction or organization, you can take steps to...
Read MoreChanges to Export Regulations Involving Satellites
May 12, 2014.
Trade Publications
On May 13, 2014, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) published regulations expected to significantly change export controls on civil and commercial satellites and their related articles. These new regulatory changes will impact the civil and commercial satellite industry as the export of certain...
Read MoreChange In AES Exemptions for TIB & Carnet
May 08, 2014.
Trade Publications
As of April 5th, 2014, a final rule under the U.S. Foreign Trade Regulations will be enforced requiring some items which were previously exempt under 15 CFR 30.37 to be tracked by the U.S. Census Bureau using the Automated Export System (AES). The final rule removes the exemptions for temporary shipments....
Read MoreTo TIB or Not to TIB
April 12, 2014.
Trade Publications
U.S. Customs and Border Protection (CBP) offers several programs that allow importers to save on duties and taxes. One of these programs is the Temporary Importation Under Bond or TIB program. Like most CBP related programs for reducing duty payments, this process can be complex and costly if not...
Read MorePresident Signs Ukraine Related Executive Order
April 01, 2014.
Trade Publications
The president of the United States has signed a new executive order that prohibits transferring or exporting US property to anyone who is furthering the current situation in the Ukraine. http://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/pages/20140317.aspx All property and interests in property that are in the...
Read MoreEU Proposes Measures for Conflict Mineral Importers
March 29, 2014.
Trade Publications
The European Union (EU) has proposed a set of measures to encourage the responsible trading of tin, tungsten, tantalum, and gold in an effort to reduce the financing of armed groups in conflict areas (such as the Democratic Republic of Congo). The proposed rule is similar to the United States...
Read MoreADD Changes for Aluminum Extrusions
March 12, 2014.
Trade Publications
US Customs and Border Protection (CBP) modified Anti-Dumping Duty order (ADD) A570-967 on February 24, 2014. The changes extend the scope of the order to include additional parts and types of products. This modification to the order may require importers to provide additional information upon import. Anti-Dumping case A570-967...
Read MoreWTO Successfully Completes Agreement in Bali
December 22, 2013.
Trade Publications
After meeting from December 3-6, 2013, the World Trade Organization (WTO) has agreed on a major deal for the first time. The historical deal, which was struck in Bali, Indonesia on December 7, is designed to increase trade among countries by reducing legal challenges and costs. It is known as the Bali...
Read MoreEstablishing a Compliance Plan for 2014
December 11, 2013.
Trade Publications
As we quickly approach 2014, the timing is right to improve your company’s overall import compliance. 2014 can be the year to put in motion new ideas, or to finally address old ideas that have been placed on the back burner. Below you will find a blueprint for establishing...
Read MoreThe Importance of Internal Controls
September 21, 2013.
Trade Publications
Nobody looks forward to being audited, especially by the U.S. Government, and this certainly holds true in regards to a customs audit. One way a company can mitigate the chances of an unsuccessful audit is to fully understand the audit process. Understanding the government requirements and...
Read MoreResponsibilities in an Export Transaction
September 16, 2013.
Trade Publications
Regulation: 15 CFR 30: Foreign Trade Regulations http://www.gpo.gov/fdsys/granule/CFR-2012-title15-vol1/CFR-2012-title15-vol1-part30/contentdetail.html When an export is being arranged from the United States it is important that all applicable export regulations are followed. Certain exports require that an Automated Exports System ...
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