In the Modernization of the Customs Broker Regulations Final Rule (87 FR 63267) under 19 CFR 111.36(c)(3), which becomes effective on December 19, 2022, a broker must execute a power of attorney (POA) directly with an importer of record (IOR) or drawback claimant (client) and not through a freight forwarder or other third party in order […]
Read MoreWhat is Section 321? Section 321(a)(2)(C) of the Tariff Act of 1930, as amended, authorizes CBP to provide an administrative exemption to admit free from duty and tax shipments of merchandise (other than bona fide gifts and certain personal and household goods) imported by one person on one day having an aggregate fair retail value […]
Read MoreNew Final Rules and Regulation Updates Take Effect December 2022 —U.S. Customs and Border Protection (CBP) announced changes to Part 111, Chapter 19 of the U.S. Code of Federal Regulations (CFR) will take place October 18, 2022, with the publication of two Final Rules: “Modernization of the Customs Broker Regulations” (87 FR 63267) and “Elimination […]
Read MoreUSTR formally announced Wednesday that the agency will open a portal on November 15 to receive public comment on “the effectiveness of the (Section 301 / China tariff) actions in achieving the objectives of the investigation, other actions that could be taken, and the effects of such actions on the United States economy, including consumers.” This is the next […]
Read MoreOne of the hopes of the trade community when the Biden Administration was sworn in was that “something” would be done about the China 301 tariffs. To this point, there are no changes. In fact, while there was optimism at the outset, the reality is that no one in D.C. has a “better” vehicle for […]
Read MoreThe International Trade Commission’s latest round of changes to the Harmonized Tariff Schedule became effective on January 1, 2023. To help trade professionals stay current on these tariff revisions and statistical reporting changes, please review the: 2023 U.S. Harmonized Tariff Schedule Guide published by International Trade Today
Read MoreU.S. Customs and Border Protection announced the publication of the Notices of Proposed Rulemaking (NPRMs) for the long-awaited update to 19 CFR 111. The NPRM for the Modernization of the Customs Broker Regulations (85 FR 34836) and the NPRM for the Elimination of the Customs Broker District Permit Fee (85 FR 34549) were published on June […]
Read MoreAfter 5 months of consideration the U.S. Trade Representative released a list of products that would once again be subject for an exclusion from Section 301 duties until December 31, 2022. On March 23, 2022, the USTR reinstated 352 previously extended exclusions. Qualifying products can claim the exclusion immediately, and the exclusions are retroactive to […]
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