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Today’s business world moves at great speed. Although regulatory organizations do not always move with great speed, there are many of them out there making the rules. With all of these organizations comes what sometimes feels to the trade community like lots of changes in short periods of time.
While not all changes are earth shaking, some are. Some are so far reaching that they require the trade community to plan accordingly way ahead of time. How should the trade community keep up?
There are many ways to keep up. Newsletters, webinars and good old fashioned research are the most typical avenues. These are all good. There’s also the more intensive method of attending trade seminars. Physical seminars are invaluable in many ways including the classroom style presentation of content, and the simple truth that the opportunity to network in the trade community is often a pathway to great knowledge.
JAS Forwarding USA Inc. Compliance Team is excited to be one of the sponsors of this year’s Second Annual Global Trade Educational Conference (G-TEC). This is a two day intensive training event in Atlanta, Georgia starting on August 8 and ending August 9, 2016. This is an exceptional opportunity for trade professionals including importers and exporters to interactively bring themselves up to date on relevant and well-timed content related to the trade community.
Join us at G-TEC and let’s get to know each other and learn together.
Effective January 13 at all U.S. ports of entry, U.S. Customs and Border Protection (CBP) will detain cotton products and tomato products produced in China’s Xinjiang Uyghur Autonomous Region.
CBP issued a Withhold Release Order (WRO) against cotton products and tomato products produced in Xinjiang based on information that reasonably indicates the use of detainee or prison labor and situations of forced labor. The agency identified the following forced labor indicators through the course of its investigation: debt bondage, restriction of movement, isolation, intimidation and threats, withholding of wages, and abusive living and working conditions.
The deployment of the Aluminum Import Monitoring and Analysis (AIM) system scheduled for January 25, 2021 has been delayed until March 29, 2021. The AIM system website consists of an online aluminum import license application platform and public monitoring. This delay means that licenses will not be required for covered aluminum products until the new implementation date.
The U.S. Trade Representative has determined to suspend the tariff action in the Section 301 investigation of France’s Digital Services Tax (DST). The additional tariffs on certain products of France were announced in July 2020 and were scheduled to go into effect on January 6, 2021. The U.S. Trade Representative has decided to suspend the tariffs of the ongoing investigation of similar DSTs adopted or under consideration in ten other jurisdictions. Those investigations have significantly progressed; however, have not yet reached a determination on possible trade actions. A suspension of the tariff action in the France DST investigation will promote a coordinated response in the ongoing DST investigations.