Legal Framework Governing IMMEX Operations
As we have previously explained in other articles, an IMMEX is a duty deferral program from the Mexican federal government created in 2006, which stands for Industria Manufacturera, Maquiladora y de Servicios de ExportaciĆ³n (Manufacturing, Maquiladora and Export Services Industry).
Overview of BISās Interim Final Rules, Export Controls for Advanced Computing, Supercomputing, and Artificial Intelligence
On October 25, 2023, the Bureau of Industry and Security (“BIS”) published interim final rules amending the Export Administration Regulations (“EAR”) to add/clarify new controls on semiconductor manufacturing equipment (āSMEā), advanced computing integrated circuits (āICā), and computer commodities containing them.
Challenges Ahead! – Requesting to be Excluded From the Xinjiang Exclusions
In April of this year U.S. Customs & Border Protection (CBP) issued Headquarters Ruling H330077. The ruling was in response to a protest filed by an importer that had a shipment of wearing apparel excluded from entry under a Withhold Release Order (WRO) at the port of Newark, NJ. The wearing apparel was processed from cotton produced in India, made into yarn and fabric in China, and converted to wearing apparel in Cambodia. None of the parties to the transaction were located in the Xinjiang Region of China.
OMB Issues Final Rule for Infrastructure Buy America Preferences
The Office of Management and Budget (āOMBā), Made in America Office issued a Final Rule to clarify the Build America, Buy America Act (āBABAā) provisions of the Infrastructure Investment and Jobs Act4 (āIIJAā) and to clarify existing provisions related to domestic preferences. The Final Rule amends Title 2 of the Code of Federal Regulations (āCFRā), subtitle A, chapter I by adding a new Part 184 to support implementation of BABA. OMB also amended 2 CFR 200.322 to clarify existing provisions within part 200. According to OMB, the Final Rule āis intended to improve consistency in the implementation of BABA requirements across the Federal Government.ā5 The Final Rule will take effect October 23, 2023.
The Domino Effect: What Would an Invasion of Taiwan Mean for Global Trade
Tensions are escalating in the South China Sea, a vital maritime route for international trade. Taiwan remains at the center of this conflict and in an increasingly interconnected world, the prospect of a Taiwan invasion has far-reaching implications for global trade and geopolitics. Itās becoming even more crucial to understand the potential repercussions of such an event on the global economy as a potential invasion from China becomes increasingly more likely.
International Trade Compliance Consultants and The Value Proposition
Maximizing value is crucial when companies contemplate bringing on external support for any organizational function. While a company may consider several value categories, this article explores five primary categories ā productivity, profitability, image, experience, and convenience. By maintaining a value proposition mindset when requesting consultant resources, selecting consultants, and working with consultants, trade compliance professionals leverage the benefits of external experts.
Employee Education in Compliance Training
Employee education supports organizational growth and development. Its benefits are generally well known, but how do you ensure that training, in any form, generates the outcomes and advances you desire? Measuring and benchmarking success can be especially difficult when creating customized training programs, which are often needed for international trade compliance topics.
DHS Audit of CBPās Centers of Excellence and Expertise Yields Evidence of Mismanagement
Uniformity, or rather the lack thereof, in procedures and practices within U.S. Customs and Border Protection’s (CBP) Centers of Excellence and Expertise (Centers) is evidently harming compliant companies within the trade community.
Taiwan – U.S. 21st Century Trade Initiative, More Than Just a Trade Agreement. A Statement to Beijing Perhaps
A little over a year ago on June 1, 2022, the United States and Taiwan launched the United States-Taiwan Initiative on 21st-Century Trade toĀ deepen their economic ties and trade relationship, and advance mutual trade priorities based on shared values, promoting innovation, and economic growth for workers and businesses.
CAFC Refuses to Reverse CIT Decision on Reliquidation Order, Target, Home Products Litigation
This article examines Target Corporation v. United States, Slip Op. 23-106 (Ct Intāl Trade July 20, 2023), a recent ruling by the Court of International Trade (CIT) and its implications on liquidation matters.
