January 2022
The infinite surprises of 2020-21, including Covid-19, helped define the year as one of the most challenging in global trade. The global supply chain was disrupted on all fronts impacting every aspect of the business, including port congestion, space issues, inflation[...]
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When will GSP be renewed?
The trade industry has been entertaining this question ever since the U.S.’s GSP program expired on December 31, 2020. Today, it has yet to be renewed by the U.S. Congress. [...]
read moreWood Crate Air Cargo Screening Update
On August 1, 2021, the TSA mandated that all cargo onboard Passenger and Cargo aircraft be screened at the 100 percent level. This placed a heavy load on the industry (airlines and freight forwarders) to meet these requirements. Since this[...]
read moreGoods from Xinjiang Uyghur Region to be Banned
U.S. President Biden signed the Uyghur Forced Labor Prevention Act on December 23, 2021. According to the U.S. Department of State, "this new law gives the U.S. government new tools to prevent goods made with forced labor in Xinjiang from entering U.S.[...]
read more2022 Quota Bulletins Posted
U.S. Customs posted the 2022 Quota Bulletins, including: First and Second Quarter Tariff Rate Quota (TRQ) for Steel Mill Articles of European Union (EU) Member CountriesFirst and Second Period Tariff Rate Quota (TRQ) for Aluminum of European Union (EU Member Countries)[...]
read more2022 Harmonized Tariff Updates
On December 23, 2021, the White House released a proclamation amending the Harmonized Tariff Schedule, implementing the five-year update to the World Customs Organization’s Harmonized System tariff. Significant changes to the U.S. Harmonized Tariff Schedule will take effect on January 27, 2022. The proclamation amends provisions on[...]
read moreFederal Holidays for Calendar Year 2022
U.S. Customs & Border Protection published a listing of Federal Holidays for Calendar Year 2022.Date HolidayFriday, December 31 New Year’s Day 2022Monday, January[...]
read morePeriodic Monthly Statement Dates for 2022
U.S. Customs & Border Protection (CBP) published the 2022 Periodic Monthly Statement Dates. Filers who are signed up for Periodic Monthly Statements (PMS) have the ability to pay duties for shipments entered or released during the previous calendar month. Reference: CSMS[...]
read moreWithhold Release Order on Brightway Group
Effective December 20, 2021, U.S. Customs & Border Protection (CBP) will detain disposable gloves produced in Malaysia by Brightway Holdings Sdn Bhd, Laglove (M) Sdn Bhd, and Biopro (M) Sdn Bhd (collectively, Brightway Group) The Withhold Release Order is based on[...]
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