New CTPAT Minimum Security Criteria

CTPAT MSC headrs

On November 27, 2019 Customs uploaded the final version of the new CTPAT Minimum Security Criteria (MSC) into their webpage and the CTPAT Portal. This is the culmination of a three-year effort to update the CTPAT criteria to fulfill legal mandates, adjust to a changing trade landscape, apply lessons learned, and adapt to ever-evolving terrorism and criminal threats.

Read More

Topics: United States

EU-Singapore Free Trade Agreement

Singapore-Header

The EU-Singapore Free Trade Agreement went into effect on November 21st, 2019. This is the European Union's first bilateral trade agreement with a Southeast Asian country. This agreement removes tariffs in trade between the EU and Singapore.

Read More

Topics: Europe

Proposed US Tariffs on French Products

france-bordeaux_6_header

On December 6th, 2019 the United States Trade Representative (USTR) proposed the imposition of up to 100 percent ad valorem additional duties on a preliminary list of products from France. These include cheese, cosmetics, handbags, sparkling wines, porcelain, and enamelled households articles, the list can be found here.

Read More

Topics: Europe

The Brexit Deal: 5 Things You Need to Know

The Brexit Deal- topimage

Parliament in the United Kingdom is currently debating approval of the Withdrawal Agreement Bill (WAB) that outlines a potential future relationship between the United Kingdom and European Union after Brexit.

The UK has requested that the European Union extend the Brexit deadline to January 31, 2020, in order to properly scrutinize this bill. Additionally, the Prime Minister has called for a general election to occur in December, if an extension is granted. 

Read More

Topics: Europe, Brexit

US Retaliatory Tariffs on EU Products

Churchillian Thoughts on European Customs Valuation

Following a 15 years dispute between the United States and the European Union regarding aviation industry-related subsidies, the World Trade Organization recently issued a report that justifies up to USD $7.5 billion annually in countermeasures made by the US against EU countries as a result.

Read More

Topics: Europe