U.S. Customs and Border Protection (“CBP”) enforcement into forced labor practices continues into 2021, as CBP has detained 1,213 shipments that contained approximately $ 414 million of goods suspected to be made by forced labor this year.
Almost two years now into the global pandemic and the world’s two most powerful economies are having to take a hard long look at their supply chain shortcomings, as well as becoming economically self-sufficient to a great extent. During the pandemic it became painfully obvious that the U.S. has become far too dependent on China for imports of many essential needs.
In September 2019, the International Chamber of Commerce released Incoterms 2020, heralded as a groundbreaking version of Incoterms that would bring great change to the supply chain community. Two years later, we look back on the changes that occurred and how they have affected us.
Tariffs are inherently controversial because of their financial consequences. An importer wants to pay as little duty as possible while Customs (CBP) wants to collect as much tariff revenue as possible.
S. Customs and Border Protection (“CBP” or “Customs”) recently released updated requirements for importers and brokers regarding HTS subheading 9801.00.10, U.S. and Foreign Goods Returned.
On Oct. 28, 2020, U.S. Customs and Border Protection (CBP) published an Advance Notice of Proposed Rulemaking on continuing education for individually licensed customs brokers. After receiving comments and feedback from the trade, CBP published a Notice of Proposed Rulemaking (NPRM) on this proposal on Sept. 10, 2021.
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