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With the rate hike on many Chinese goods, and a new round of tariffs proposed, importers and customs brokers need to be vigilant about monitoring bond sufficiency. May 2019 was a very busy month for the Trump administration and changes to tariff rates. Some importers will see some relief with the reductions and/or removal of tariffs on aluminum and/or steel from Turkey, Canada, and/or Mexico. India and Turkey will soon have their GSP eligibility revoked. And, the automobile and parts tariff decision was delayed for up to 6 months. However, hikes to existing tariffs and the initiation to impose […]
Have you visited KnowledgePort for your ATA Carnets education needs recently? Whether you’re looking to stay current on the industry or jumpstart revenues, the ATA Carnet content in KnowledgePort is there to help you. We currently have three courses on ATA Carnets for you to check out. Learn online and on your own schedule with any or all of these courses, and earn NEI continuing education credits to meet your CCS, CES or MES requirements. These courses are available at no cost to Roanoke clients. ATA Carnet Fundamentals | Interactive Course This series of lessons will familiarize you […]
Back by popular demand, our next customs bond roundtable discussion is scheduled and will be live on June 6th! This second event in our webinar series is designed to focus on the issues that matter most to you, our customers. Representatives from our Customs Bond Management Team will be your hosts, educators, troubleshooters and entertainers (well, maybe entertainer is a stretch!). Mark Thursday, June 6th on your calendar, pick a comfortable seat and join us at 1PM CT for this exciting event!
Multipurpose covers a huge variation of vessels including heavy-lift capability, but all are typically geared with some type of crane or derrick. In this modern age, multipurpose vessels will also have hatch openings that allow full access to ’tween decks and lower holds. While ’tween decks can be fixed but often flexible in their location, lower holds can often stretch the full length of the allowable cargo area. Some multipurpose vessels have lift-on, lift-off; roll-on, roll-off; or float-on, floatoff capabilities, and many have container carrying facilities, both in the hold and on deck. Tony Betteridge, head of marine […]
On May 7, 2019, the U.S. Department of Commerce (DOC) posted a press release stating the following: “During the negotiations, Commerce will continue with the investigation and instruct Customs and Border Protection (CBP) to collect cash deposits or bonds based on the preliminary determination by Commerce, which was issued in 1996. Any deposits collected will be refunded if a revised agreement is reached, or the U.S. International Trade Commission (ITC) determines there is no injury based on its own independent investigation.” This modification in the trade law is significant because DOC has not allowed the use of single […]