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The Federal Maritime Commission recently provided the following information concerning cargo being transported by Hanjin Shipping, a major ocean carrier that has declared bankruptcy.
A global provider of pharmaceutical and consumer health care products has agreed to pay $20 million to settle charges that it violated the internal controls and books and records provisions of the Foreign Corrupt Practices Act when its China-based subsidiaries engaged in pay-to-prescribe schemes to increase sales.
The “Shifts in U.S. Merchandise Trade 2015” report focuses on changes in U.S. exports and imports of agricultural and manufacturing goods and key natural resources as well as changes in U.S. trade with Brazil, Russia, Canada, Mexico, and parties to the ongoing Regional Comprehensive Economic Partnership negotiations.
If this projection is realized, 2016 will mark the sixth consecutive year in which annual trade growth has been below three per cent and the slowest pace of trade growth since the global financial crisis reached its peak in 2009.
Empowered by authorities granted by Congress and spurred by a recent report critical of past efforts, U.S. Customs and Border Protection is moving quickly to implement a new process to combat the evasion of antidumping and countervailing duties. An Oct. 6 ST&R webinar will review recent developments and how importers can best reduce their potential liability.
CBP is now targeting January 2017 for the transition and will provide additional clarification regarding the precise date in the coming weeks.
U.S. Customs and Border Protection has posted to its website information indicating that on Sept. 16 it issued a withhold release order against imported peeled garlic produced by Hongchang Fruits & Vegetable Products Co. Ltd. in China due to concerns that it is being produced with forced labor.
The International Trade Commission has adopted interim regulations on the submission and consideration of petitions for duty suspensions and reductions under the American Manufacturing Competitiveness Act of 2016, which reformed the miscellaneous trade bill process.
U.S. Trade Representative Mike Froman said the subsidies have resulted in lost U.S. exports worth tens of billions of dollars and called on the EU to end the subsidies “immediately.” However, EU officials said parts of the decision were “unsatisfactory,” suggesting an appeal may be forthcoming.
Sandler, Travis & Rosenberg, P.A., the law firm that litigated the seminal case establishing the First Sale Rule under U.S. law, announced the launch of its First Sale Portal 2.0, a next generation first sale duty savings management tool. With the launch of the First Sale Portal 2.0, ST&R adds even more value to its First Sale offerings, allowing clients a level of transparency and accountability needed to meet the demands they face in the global marketplace.
U.S. Customs and Border Protection added Sept. 15 the ports of Long Beach, Los Angeles, Newark, Savannah, Miami and Seattle/Tacoma to the list of ports that will allow eligible sea carriers to apply for advance unlading facilitation benefits. That list already included the ports of New Orleans, Oakland, Baltimore and Port Everglades, Fla.
U.S. Customs and Border Protection Commission R. Gil Kerlikowske told a conference on U.S.-Canada border issues Sept. 20 that the two countries are continuing to work on initiatives to further expedite cross-border traffic and trade.
U.S. Customs and Border Protection’s Los Angeles field office issued a public bulletin Sept. 19 providing the following information on refunds of duties and fees for Food and Drug Administration-regulated goods that have been refused admission into the U.S.
The Foreign-Trade Zones Board’s annual report on FTZ activities shows that in 2015 zone activity decreased despite an increase in the number of zones.