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The purpose of the program is to establish a process whereby licensed, permitted U.S. customs brokers can voluntarily identify to CBP through a specific indicator importers that are exercising reasonable care in connection with their import related activities but may or may not qualify for or otherwise choose to participate in programs like Importer Self-Assessment or Trusted Trader.
Two days after the Senate rejected an initial effort to advance trade and customs legislation, a compromise between Republican and Democratic leaders allowed the chamber to vote on the bills May 14.
For C-TPAT purposes, an exporter is defined as a person or company who, as the principal party in interest in the export transaction, has the power and responsibility for determining and controlling the sending of the items out of the United States. Entities that wish to participate in the C-TPAT exporter program must meet this definition as well as specified eligibility requirements.
Congressional action on several key trade and customs bills will see a further delay after the Senate failed May 12 to bring a trade promotion authority bill to the floor. The vote on a procedural motion that would allow the Senate to begin consideration of TPA was 52-45, short of the 60 votes needed.
A recent independent auditors’ report on U.S. Customs and Border Protection’s fiscal year 2014 consolidated financial statements identifies four deficiencies in internal control. One, concerning drawback of duties, taxes and fees, is considered to be a material weakness. The others are in the areas of property, plant and equipment; entry process (including in-bonds, bonded warehouses and foreign-trade zones, entry reports, bond sufficiency, and classification of custodial liabilities), and information technology.
These changes would result in lower import duties on certain textile fibers, chemical products, modular transporters, lawn ornaments and surgical drapes.
The White House is working to secure trade promotion authority to expedite congressional consideration of the FTAs it is negotiating with Asia-Pacific countries and the European Union, and the report’s findings could be used to counter the arguments of those who say these agreements will leave the U.S. worse off.
As part of its Single Window Initiative, the Canada Border Services Agency recently launched the Integrated Import Declaration release service option to further expand the ability of importers and customs brokers to submit and obtain electronic release for goods regulated by participating government departments and agencies.
A DOJ press release states that this is the first time a financial institution has been convicted and sentenced for violations of U.S. economic sanctions and that the total financial penalty is the largest ever imposed in a criminal case.
A total of $81.7 million in AD/CV duties was disbursed in FY 2014, up from $68.2 million in FY 2013. This allows affected trade partners to increase the amount of WTO-authorized retaliatory sanctions they impose on U.S. exports.
The Office of the U.S. Trade Representative released April 30 its annual Special 301 report on the adequacy and effectiveness of U.S. trading partners’ protection and enforcement of intellectual property rights. This year’s report reviews 72 trading partners and lists 37 of them as meriting particular concern.
Effective May 1, a European Union retaliatory tariff on women’s jeans made in the U.S. will be increased from 0.35 percent to 1.5 percent, bringing the total duty on such goods to 13.5 percent. Retaliatory duties on sweet corn, crane trucks and spectacle frames from the U.S. will see similar increases.
CBP wants COAC to help it determine if there is a path forward that would take into account the government’s security interests but also offer commercial benefits that would encourage trade community members to use ECSDs.