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Brazil has recently started accepting ATA Carnets for professional equipment, exhibitions and fairs! This is right in time for the 2016 Olympics that are being held in Rio this year. Every year, Brazil hosts tons of international cultural, political, sporting events, conferences and shows. Brazil is making it easier for U.S. Exporters to participate and exhibit at these events, by using the ATA Carnet system.
From the original article:
"Brazil and United States engage on a number of trade and investment initiatives. In 2011 President Obama and President Rousseff signed the Agreement on Trade and Economic Cooperation to trade and investment between the Western Hemisphere’s two largest economies. Brazil’s acceptance of the ATA Carnet system only furthers this trade relationship and facilitates growth through easing temporary entries."
An announcement was published on July 29, 2020 that user fees within the Consolidated Omnibus Budget Reconciliation Act (COBRA) will take place effective October 1, 2020. The minimum merchandise processing fee will change from $26.79 to $27.23 and the maximum will change from $519.76 to $528.33. The ad valorem rate of 0.3464% will not change. Additional user fees are also increasing.
The Office of the U.S. Trade Representative has announced that 14 products from the Section 301 exclusion list scheduled to expire July 31st will continue to be excluded through December 31, 2020. Additionally, there are other products on the list that expired on July 31st. Comments are currently being accepted for three sets of exclusions that are scheduled to expire October 2, 2020. Comments can be submitted by clicking HERE
On July 14, 2020, the President signed an Executive Order that requires Hong Kong to be treated as the People’s Republic of China (PRC) for the purposes of the Arms Export Control Act (AECA). Hong Kong is now considered to be included in the entry for China under section 126.1(d)(1) of the ITAR and therefore subject to a policy of denial for all transfers subject to the ITAR. The U.S. government is taking this action because the Chinese Communist Party has fundamentally undermined Hong Kong’s autonomy and thereby increased the risk that sensitive U.S. items will be illegally diverted to the PRC.