6 12, 2020

US Importing Penalties: A Summary

By | 2020-12-06T16:52:00+00:00 December 6th, 2020|U.S. Customs|

It is of utmost importance that importers -- or any businesses within the supply chain, for that matter -- are aware of the various penalties implemented by CBP for importing into the US. Customs experts consistently warn of the costly, and possibly disastrous, results of non-compliance with CBP regulations. In [...]

16 11, 2020

Tips for Demystifying Customs Valuation

By | 2020-11-16T20:16:55+00:00 November 16th, 2020|Forms and Documents, U.S. Customs|

It is the responsibility of the importer to ensure that valuation laws and regulations are well-grasped. Of course, CBP requires that all importers moving goods into the US exercise reasonable care during all parts of the process. Under this legal framework is the payment surrounding the transactions outside of the [...]

28 10, 2020

A Closer Look at Tariff Engineering

By | 2020-10-28T15:16:26+00:00 October 28th, 2020|U.S. Customs|

In our first installment on this topic, we covered the basics of tariff engineering, use cases from brands like Converse and Nike, and how importers can get started implementing these practices.  You can read that introductory piece here: Importing and Tariff Engineering: An Overview Tariff engineering is a method in [...]

5 10, 2020

Benefits and Pitfalls of USMCA: A Closer Look

By | 2020-10-05T13:01:34+00:00 October 5th, 2020|U.S. Customs|

Hailed as a modernization of NAFTA, there have been a lot of expectations placed on USMCA to improve trade between the involved countries (USA, Canada, Mexico). NAFTA was indeed 24 years old as the countries reached an agreement. Also known as NAFTA 2.0, the goal of USMCA is to provide [...]

27 09, 2020

CBP Examing Small Package Data: What Does This Mean?

By | 2020-09-27T15:58:48+00:00 September 27th, 2020|U.S. Customs|

Prior to the pandemic, Customs and Border Protection (CBP) made it public that they were focusing their efforts on getting more data on counterfeit and prohibited goods that have been entering the US through small parcel importing. In addition with the context of COVID-19, they will also be looking into [...]

25 08, 2020

Importing and Tariff Engineering: An Overview

By | 2020-08-25T19:55:00+00:00 August 25th, 2020|Forms and Documents, U.S. Customs|

Tariff engineering has been somewhat of a hot topic in the logistics and supply chain industry for a little while now. The United States has been putting additional pressure on their trading partners like China and Mexico, causing businesses to look to alternative methods of sourcing and production for their [...]

10 08, 2020

Importer Verification Rule Overview

By | 2020-08-10T20:03:42+00:00 August 10th, 2020|Forms and Documents, U.S. Customs|

Last year, Customs and Border Protection (CBP) proposed a rule to bolster the process of verifying importers that operate in the US. As described by CBP, the “Customs Broker Verification of an Importer’s Identity” rule will amend CBP regulations to require certain information from importers so that brokers can verify [...]

7 08, 2020

The State of Textile Importing & Exporting in the US

By | 2020-08-07T15:30:47+00:00 August 7th, 2020|U.S. Customs|

For textile export/import professionals, it’s common knowledge that the US is a major exporter of textiles (actually, the second largest!), but for others in the trade and logistics industry -- maybe not so much. The US is second to only China in textile exports.  Textile exporting accounts for a healthy [...]

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