Signs of Trade Based Money Laundering and the Intersection with CTPAT Requirements

Trade-based money laundering (TBML) is quickly developing into a global tsunami. U.S. Customs and Border Protection (CBP) is looking to Importers for help in identifying risk in this critical area, and for CTPAT participants, it is the newest dimension of the Minimum-Security Criteria (MSC) rolled out in 2020.
Complemento Carta Porte in Mexico

Generally, Mexican taxpayers are required to issue a CFDI for their acts, duties, income, or tax retentions. The so called CFDI is an acronym for Comprobante Fiscal Digital por Internet , and some refer to it as the electronic invoice.
In the Middle of Changing the MID CBP Proposal for Global Business Identifier

In a Federal Register Notice on Oct. 6, 2021, U.S. Customs and Border Protection published a 60-Day Notice and request for comments for a Global Business Identifier (GBI) Evaluative Proof of Concept (EPoC).
Federal Trade Commission Puts Teeth into False āMade in USAā Claims Enforcement

The U.S Federal Trade Commission (FTC) recently codified product labelling rules related to unqualified āMade in USAā (MUSA) claims under 16 CFR Part 323
Legal Issues Confronting Formation and Operation of a Decentralized Autonomous Organization (DAO)

āA decentralized autonomous organization (DAO), is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.ā
Section 301 Exclusion Reinstatement: Will this Affect your Company?

The United States Trade Representative (USTR) recently released a notice and comment period for the possible reinstatement of certain Section 301 exclusions. The majority of all Section 301 exclusions expired on December 31, 2020.
Customs and Border Protectionās Recent FAQs on Forced Labor Enforcement

U.S. Customs and Border Protection (āCBPā) 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.
Chinaās Dual Circulation Policy

Almost two years now into the global pandemic and the worldās 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.
Incoterms ā Two Years Later

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.
Tariff Engineering: Opportunities for Duty Mitigation

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.