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A major facelift to the Focused Assessment program U.S. Customs and Border Protection uses to evaluate compliance could mean a major headache for importers.
All domestic and foreign facilities that manufacture, process, pack or store food, food ingredients, pet foods or dietary supplements are required to renew their registration with the FDA every other year.
The Bureau of Industry and Security is inviting comments through Dec. 2 on ways to improve the record creation and retention requirements of the Export Administration Regulations.
Under this proposal, all SCLs would expire one year from the date of publication of a final rule or on the expiration date of the SCL under the particular terms of the license, whichever is earlier.
The Court of International Trade issued Sept. 22 a decision that lays out several characteristics of goods classifiable as wheeled toys, which are duty-free when entered into the U.S.
Beginning Oct. 3 U.S. Customs and Border Protection may begin issuing penalties for failure to comply with any new requirements found in the March 2013 rule.
The Treasury Department announced Sept. 22 actions designed to reduce or halt the use of corporate tax inversions, which Treasury Secretary Jacob Lew said are used by some companies “to avoid paying their fair share.”
World merchandise trade is now estimated to increase by 3.1 percent this year, down from the 4.7 percent projected in April, and by 4 percent in 2015, down from 5.3 percent. Trade grew by less than 2.5 percent in 2013, which the WTO linked to a substantial increase in new trade restrictions.
Responding to criticism that its original proposals were too burdensome, the Food and Drug Administration has substantively revised a slate of proposed regulatory changes designed to implement provisions of the FDA Food Safety Modernization Act concerning produce safety, preventive controls for human and animal food, and the foreign supplier verification program.
A bill to strengthen trade secrets protection did advance in the House, and several nominees for trade-related positions in the Obama administration were confirmed. However, higher profile issues such as the Generalized System of Preferences, Trade Promotion Authority and customs reauthorization appear to have made little headway.
The products at issue are denim garments, including jeans and leggings, that have been abraded with a laser to apply designs or to simulate wear.
The labor case, the United States’ first ever under a trade agreement, could ultimately result in fines of up to $15 million a year or the suspension of trade benefits.
ECR was launched in April 2010 to streamline the U.S. export control system by creating a single licensing agency, a single list of controlled items, a single information technology platform and a single export enforcement coordination agency.
A Sept. 16 appeals court decision distinguishes between those who “enter” goods (e.g., the importer of record) and those who “introduce” goods into U.S. commerce and broadly defines the latter, creating a wide-ranging new category of individuals subject to penalties for violations of 19 USC 1592(a).
The annual “Trade and Development Report” from the United Nations Conference on Trade and Development cautions developing countries that pursuing bilateral and regional trade and investment agreements can restrict their ability to pursue policies that could help them achieve sustained income growth, full employment, poverty reduction and other socially desirable outcomes.
U.S. Customs and Border Protection posted to its Web site recently materials indicating that it is extending eligibility for the Customs-Trade Partnership Against Terrorism to exporters. This move will help expand C-TPAT into a broader authorized economic operator-type program and, according to CBP, is consistent with the National Export Initiative to facilitate export cargo shipments.
The United States and the European Union have implemented additional economic sanctions against Russia in response to what they claim are continued and deliberate efforts to destabilize eastern Ukraine. Officials said these sanctions could be amended, suspended or repealed if Russia acts to ease tensions.