On top of everything else going on in the world, imports are coming in very slowly, giving CBP additional time on their hands to scrutinize those entries and ask questions on what you thought was an easy transaction. Here are five areas on which to focus your attention during this time.
Canada has ratified the United States Mexico Canada Agreement which will become effective on July 1st. The USTR is currently working with partners in Canada and Mexico, while the U.S. CBP is working internally towards implementation.
Effective May 1, 2020, DDTC announced a temporary reduction in fees due to the impact of the COVID-19 pandemic on the national economy and the Defense Industrial Base.
BIS recently moved to tighten exports, reexports, and in-country transfer to China, Russia, and Venezuela. BIS is implementing the '744 Rule' which will expand the licensing requirements when an exporter has knowledge or has reason to know the items will be for Chinese, Russian, and/or Venezuelan military end users or end uses.
BIS announced on April 28, 2020, that they will be amending the EAR to remove License Exception CIV from Export Control Classification Numbers and will now require an export license for national security-controlled items on the CCL to countries of national security concern.
The Directorate of Defense Trade Controls (“DDTC”) announced on April 23, 2020 measures to lessen the burden that the COVID-19 pandemic is having on U.S. companies and the overseas supply chains in order to help the exporting/importing community.
We frequently talk about BIS and DDTC when it comes to export compliance, but less often, do we discuss the importance of OFAC compliance.
This past weekend, U.S. Customs and Border Protection announced that in light of COVID-19, they would amend the regulations to temporarily postpone the deadline for payment of duties, taxes, and fees for 90 days for those importers facing significant financial hardship.
This past week, the Trump administration announced a ban on exports of certain types of Personal Protective Equipment (PPE) in response to the COVID-19 crisis. Keep reading for more information and a look at the unique aspects of this new control.
On December 26, 2019, DDTC issued an Interim Final Ruling which outlined changes to the ITAR and significantly, to ITAR Encryption Rules. Now that the Final Rule is in place and the changes are implemented, it is time to be more specific.