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In the News: Tariff Engineering, Customs Modernization, TPP, Sugar Dispute

Wednesday, October 24, 2018
Sandler, Travis & Rosenberg Trade Report

Tariff engineering to avoid import taxes

“Deborah Stern, a trade lawyer at Sandler, Travis & Rosenberg in Miami, says that ‘tariff classification is as much of an art as it is a science’” but that “‘while tariff engineering will work with some products in some industries, it's definitely not for every product in every industry.’”

[BBC News]

WCO to lead discussion on future of customs administrations

At a Nov. 9 conference “customs administrations will share national and regional experiences on the implementation of the [Revised Kyoto Convention] to enable a strategic discussion on a future mechanism for implementation monitoring coupled with tailor-made capacity building support. In dialogue sessions, stakeholders and members will discuss the growing use of technologies and the resulting evolution of the trade and logistics environment. The conference will further deliberate on the development of a ‘Customs of the future’ model and the avenues to maintain the RKC as the WCO flagship convention.”

[World Customs Organization]

TPP on track to take effect in January

“New Zealand, Australia, Vietnam and Canada are on track to complete the ratification process by November, joining Japan, Mexico and Singapore, which have already done so. The pact kicks in 60 days after six or more members ratify it.”

[Nikkei Asian Review]

Brazil launches trade dispute against China over sugar

“Brazil said it was challenging China's ‘safeguard’ measure on imported sugar, the administration of its tariff-rate quota, and its ‘automatic import licensing’ system for out-of-quota sugar. Brazil's recourse to the WTO, confirming a move approved by its foreign trade chamber CAMEX on Aug. 31, is a response to a plunge in Brazilian sugar exports since China imposed an additional 45 percent sugar tariff last year.”

[Reuters]

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