Industry News

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Industry News

  • Implementation of 25% Additional Duties for List 3 May 10, 2019 On May 9, 2019, the Office of the United States Trade Representative (USTR) published a notice in the Federal Register confirming the rate of additional duty for Section 301 List 3 products will increase to 25 percent on May 10. The notice explains the effective date for the increase by considering both the export and entry-date of goods. The notice reads, “goods entered for consumption, or ...
  • Southern Border Update April 22, 2019 Southern Border Update U.S. Customs and Border Protection (CBP) has released a letter to port stakeholders explaining they expect to experience a very challenging peak summer travel season nationwide. In the letter Customs states, “our nation is facing an unprecedented humanitarian and border security crisis on our Southwest Border, and CBP forms America’s front line in addressing the crisis. Ports of Entry on the Southwest Border have ...
  • What is Reconciliation? April 18, 2019 What is Reconciliation? When an importer is filing an entry with U.S. Customs there are multiple elements to each transaction, including classification, country or origin, and valuation. Some information may be undeterminable at the time of entry. For example, an importer may have a shipment with assists (equipment or products provided by an importer to a seller at a free or reduced cost to aid in ...




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