Under the TFTEA, CBP has taken an increasingly enforcement-minded posture to prevent and penalize the importation of goods produced using forced labor into the United States.
On August 13, 2020, CBP announced that it had...more
8/20/2020
/ China ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Customs and Border Protection ,
Department of Homeland Security (DHS) ,
Forced Labor ,
Importers ,
New Guidance ,
Risk Assessment ,
Risk Mitigation ,
Supply Chain ,
Trade Facilitation and Trade Enforcement Act ,
Withhold Release Orders (WROs)
Because of the time needed to mark, pack, and ship goods from Hong Kong to the US, it is imperative that importers act quickly to ensure compliance with this new requirement.
As reported previously and as a result of the...more
8/12/2020
/ Ad Valorem Tax ,
China ,
Compliance ,
Customs and Border Protection ,
Executive Orders ,
Exports ,
Federal Register ,
Goods or Services ,
Hong Kong ,
Importers ,
Imports ,
Tariff Act of 1930
In view of the recent action taken by President Trump in an Executive Order regarding Hong Kong’s status, US importers should prepare for increased risk exposure in US-Hong Kong trade.
Although Hong Kong technically...more
Effective yesterday, the US government is making available a temporary 90-day postponement of certain import payment deadlines for companies and individuals experiencing “significant financial hardship” due to the economic...more