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The recent Korea-U.S. Free Trade Agreement (KORUS) bill incorporated a provision to increase the current import merchandise processing fee (MPF) rate. The MPF has increased from 0.21% to 0.3464% effective October 1, 2011.

Many trade compliance departments are faced with the decision to assign both a Schedule B Number and a Harmonized Tariff Schedule (HTS) code to their products, or just to assign the HTS code only. Since many companies are importing and exporting today, they must fulfill the requirements for both import and export clearances. What should your company do?

This week, we’ve all been transfixed by the news that Usama bin Laden was killed by U.S. Special Forces at a hideout in Pakistan. But there’s an interesting footnote to this story, which is starting to get more attention. It has to do with a U.S. helicopter that crashed at the scene.

We spend a lot of time telling people what they cannot export to foreign countries. At this time of year, here are 5 Ways You Can Help by sending aid to the places who need it most.