U.S. Customs and Border Protection’s latest monthly operational update reports that the agency saw a smaller volume of trade last month as well as fewer forced labor shipments.
In August CBP processed more than 2.7 million entry summaries (down from 3.0 million in July) valued at more than $271 billion (up from $262 billion) and identified nearly $6.6 billion in estimated duties to be collected (down from $7.0 billion).
CBP stopped 259 shipments (down from 388) valued at more than $102 million (down from $107 million) for suspected use of forced labor in the production of imported goods, including goods subject to withhold release orders, forced labor findings, or the Uyghur Forced Labor Prevention Act. This is the second straight month these figures have declined. (For more information on ST&R’s comprehensive suite of forced labor-related services, please contact us at supplychainvisibility@strtrade.com).
CBP also seized 1,658 shipments (down from 1,698) that contained counterfeit goods valued at more than $280 million (up from $165 million).
CBP appears to have stopped providing monthly statistics on the number of audits completed, the value of duties and fees owed to the U.S. government stemming from improperly declared goods, and the value of identified revenue collected from completed audits.
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