The Canada Border Services Agency (CBSA) has released a detailed outline of its verification priorities for 2025, specifically aimed at enhancing compliance with trade regulations. Here’s an in-depth look at what your business needs to know to stay ahead:
Topics: Tradewin, FTA, Canada, Trade Compliance, CBSA
In 2020, HMTX Industries, LLC, along with over 3,600 other importers and associations, filed a lawsuit claiming that President Trump exceeded the authority delegated by Congress under Section 301 of the Trade Act when implementing the List 3 and 4a tariffs during a "trade war" with China. The lawsuit alleges violations related to trade secrets and intellectual property rights (IPR) theft.
Topics: United States, Section 301, USTR, Tariffs
The Bureau of Industry and Security (BIS) has again expanded its U.S. export controls on chips. This new update, announced December 2, 2024, is related to the October 2022 interim final rule (IFR) aimed to restrict China’s ability to both purchase and manufacture certain high-end semiconductors critical for military applications.
Topics: Export Administration Regulations, United States, Security
The AEO program has been implemented by the General Department of Vietnam Customs ('GDVC') since 2011. During its 13 years of development, the number of recognized AEO companies accounts for a small portion of the total import-export enterprises in Vietnam, but the import-export volume of AEO companies accounts for more than 30% of the country's total import-export turnover.
As businesses brace for 2025, the European Union will introduce significant updates to the Harmonized System (HS) of tariff classification, effective 1 January 2025. These changes, encapsulated in the Combined Nomenclature (CN), are vital for companies engaged in international trade to ensure accurate classification and compliance. The upcoming revisions reflect advancements in statistical requirements, commercial policies, and technological developments.
Topics: Europe, Tradewin, Tariffs, HS Classification
