Weekly Customs and Trade News Snapshot

Here is a recap of the latest customs and international trade law news:     

Customs and Border Protection (CBP)  

  • CBP releases September 2023 monthly update. Highlights: 
    • CBP processed more than 2.7 million entry summaries valued at more than $271 billion.  
    • Identified nearly $6.6 billion of duties to be collected by the U.S. government. 
    • Stopped 259 shipments valued at more than $102 million for further examination based on the suspected use of forced labor. 
    • Seized 1,658 shipments that contained counterfeit goods valued at more than $280 million if the items had been genuine. 
  • CBP releases FY 2023 textile enforcement statistics. Highlights: 
    • CBP seized more than 5,000 textile shipments valued at more than $129 million. 
    • Issued approximately $67.2 million in commercial fraud penalties. 
    • Conducted audits that identified over $2 million in additional duty owed to CBP.  
    • Conducted laboratory analysis on 323 shipments, 42% of which were found to be mis-declared or mis-described when arriving […]
By |2023-10-27T15:27:36-04:00October 27, 2023|Snapshot|Comments Off on Weekly Customs and Trade News Snapshot

Customs and Trade News Weekly Snapshot

Here is a recap of the latest customs and international trade law news:     

 Customs and Border Protection (CBP)  

  • CBP announced a new series of quarterly training webinars and resources to help small- and medium-sized businesses report trade violations that threaten their bottom line and hurt the broader U.S. economy.  
    • The webinars will run from November 7, 2023, through September 10, 2024, and will guide participants through the process of reporting commercial trade violations using the Trade Violations Reporting Tool 
  • CBP’s Small Business Acquisition Program is hosting a webinar on Thursday, Oct 26, 2023, at 3 p.m. ET titled “How to do Business with DHS (9 Components): A Road Map for Small Businesses.”  
    • The webinar will provide participants an overview on showing small business vendors how to do business with CBP. It will include how to run a report on upcoming opportunities above $250,000, plus learn how to gather direct points of contact. Register here.   
  • CBP’s Laredo Field Office reminds public of prohibited agricultural items that can carry citrus greening disease. 
  • CBP makes second largest seizure in Arizona […]
By |2023-10-21T13:08:48-04:00October 21, 2023|Snapshot|Comments Off on Customs and Trade News Weekly Snapshot

Customs and Trade News Weekly Snapshot

Here is a recap of the latest customs and international trade law news:      

Customs and Border Protection (CBP)  

  • CBP seizes unsafe hair dryers 
    • CBP seized 65 hair dryers on behalf of the Consumer Product Safety Commission (CPSC) that the agency determined were a substantial product hazard under the Consumer Product Safety Act. 
  • CBP to resume cargo processing at Bridge of the Americas October 10.  
  • CBP officers in Indianapolis seized two shipments containing 362 counterfeit designer watches. If genuine, would have had a combined Manufacturer’s Suggested Retail Price (MSRP) over $2 million. 
  • Customs and Border Protection (CBP) has provided guidance on conforming amendments to two previously reinstated exclusions associated with the Section 301 investigation of China Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. 
  • CBP gave notice that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will increase from the previous quarter.  
    • For the calendar quarter beginning October 1, 2023, the […]
By |2023-10-13T14:11:00-04:00October 13, 2023|Snapshot|Comments Off on Customs and Trade News Weekly Snapshot

Customs and Trade News Weekly Snapshot

Here is a recap of the latest customs and international trade law news:     

Customs and Border Protection (CBP)  

  • CBP launched a new electronic petition application. View here. 
  • CBP issues final rule on regulatory implementation of the Centers of Excellence and Expertise. The final rule adopts interim amendments made in a previous decision. The amendments: 
    • Establish CEEC as a permanent component of the agency 
    • Shift certain trade functions to the Centers 
    • Provide centralized decision-making authority to the Centers 
  • AD/CVD petition filed regarding aluminum extrusions – The petition filed Oct. 4 alleges that aluminum extrusions from China, Colombia, the Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam are being sold at less than fair value in the U.S. and/or benefiting from countervailable subsidies.  
  • CBP seizes potentially harmful agricultural products from Asia – the shipments contained edible birds’ nests and peanuts that were mislabeled as other products. 
  • CBP returns stolen […]
By |2023-10-09T08:34:45-04:00October 9, 2023|Snapshot, Uncategorized|Comments Off on Customs and Trade News Weekly Snapshot
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