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Imports Customs Duties

ArentFox Schiff

As the (Customs and Trade) World Turns: August 2024

ArentFox Schiff on

Welcome to the August 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more

Braumiller Law Group, PLLC

Braumiller Law Group & Braumiller Consulting Group February 2024 newsletter

Last June (2023), in response to a ruling request from Your Special Delivery Services Specialty Logistics (YSDS), Customs and Border Protection (CBP) issued HQ H324098, clarifying what it means to be an “owner or purchaser”...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - February 2024 - Maximizing Duty Savings Series Leveraging Bonded Warehouse and Foreign Trade...

Welcome to our new series, where we’ll share simple yet effective ways for savvy importers to save on import duties. In this series, we’ll break down different strategies, making them easy to understand, regardless of your...more

Akin Gump Strauss Hauer & Feld LLP

Switzerland Eliminates All Tariffs on All Industrial Goods

As of 1 January 2024, imports of industrial goods into Switzerland are exempt from customs duties. Together with other tariff simplification measures, this is expected to result in yearly customs savings for importers of over...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - November 2023 - Legal Framework Governing IMMEX Operations

As we have previously explained in other articles, an IMMEX is a duty deferral program from the Mexican federal government created in 2006, which stands for Industria Manufacturera, Maquiladora y de Servicios de Exportación...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - February 2022: Shiny New Machines – Modifications to Chapter 84 of the Harmonized Tariff...

There are new tariff classifications for machinery under Chapter 84 of the Harmonized Tariff Schedule of the United States (“HTSUS”). The changes to Chapter 84, as well as many other areas of the HTSUS, took effect on January...more

Sheppard Mullin Richter & Hampton LLP

USTR Suspends Tariffs on Certain French Luxury Goods: A Potential Shift in Trade Talks

Key Takeaways: • Threatened 25% tariffs on French luxury goods are suspended. • USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies. • Biden’s new USTR will face immense pressure to...more

ArentFox Schiff

US Says Goodbye to Hong Kong’s Separate Customs Territory Status – What Is the Impact on Importers?

ArentFox Schiff on

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

Hogan Lovells

EU/UK trade and customs relationship in the new N. Ireland protocol

Hogan Lovells on

The EU-UK agreement reached on 17 October 2019 ("Agreement") revises the Irish backstop with a new protocol on Ireland/Northern Ireland ("NI protocol")....more

Benesch

New TFTEA Customs Duty Drawback Regulations - What You Need to Know

Benesch on

Customs duty drawback has long been recognized as a lawful means by which importers may reduce the realized impact of tariff duties on imported items. United States Customs and Border Protection (“CBP”) published a highly...more

Dickinson Wright

Opportunity to reduce import costs into Canada - but you need to act now!

Dickinson Wright on

In Budget 2016: Growing the Middle Class, the Government of Canada announced its intention to eliminate tariffs on food manufacturing ingredients, such as those used in the agri-food processing industry, as part of its plan...more

Dechert LLP

EU-Vietnam Trade Deal

Dechert LLP on

The EU and Vietnam have concluded the substantive elements of a Free Trade Agreement (FTA), widely-hailed as one of the most ambitious and comprehensive such agreements that the EU has concluded with a developing country....more

Bennett Jones LLP

Canadian Importers May Now Seek Import Duty Refunds

Bennett Jones LLP on

Since the introduction of the Transaction Value System of customs valuation by Canada on January 1, 1985, the Canada Border Services Agency (CBSA) has maintained a stated policy of denying refund claims of related party...more

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