U.S. Customs and Border Protection (CBP) has released important interim guidance addressing a key operational challenge for the trade community: how to handle reconciliation filings for import entries that contain IEEPA duties. These updates can be found in the FAQ section on CBP’s main IEEPA duty refunds page.
Topics: United States, Customs, Trade Compliance, Tariffs, CBP, Managed Trade Services, IEEPA, CAPE
In a May 29 filing, the US Department of Justice (DOJ) confirmed its intent to appeal the US Court of International Trade (CIT)’s sweeping order requiring refunds of IEEPA duties. The government’s central argument is that the CIT exceeded its authority by directing refunds for entries that are “finally liquidated”—generally those more than 90 days past liquidation—particularly for importers that have not filed suit.
Topics: United States, Customs, Trade Compliance, Tariffs, CBP, Managed Trade Services, IEEPA, CAPE
What importers need to know
The Canada Border Services Agency (CBSA) currently has three tools to assist in the imposition of import compliance. While they are a lighter version of a formal compliance verification audit, each one requires a certain level of CBSA action.
Topics: Audit, Canada, Trade Compliance, CBSA
U.S. Customs and Border Protection (CBP) has activated the Consolidated Administration and Processing of Entries (CAPE) tool in the Automated Commercial Environment (ACE), creating a formal path for importers to seek refunds of duties imposed under the International Emergency Economic Powers Act (IEEPA). While CAPE is designed to streamline and consolidate refunds, importers retain key responsibilities that must be addressed before any refund can be issued.
Understanding and preparing for those responsibilities is critical to avoiding delays and missed recoveries.
Topics: ACE, United States, Customs, Trade Compliance, Tariffs, CBP, Managed Trade Services, IEEPA, CAPE
In 2010, the United States Congress passed the Dodd-Frank Act, directing the Securities and Exchange Commission (SEC) to require certain companies to disclose their use of conflict minerals when those minerals are essential to the functionality or production of a manufactured product. Since then, the connection between SEC reporting and supply chain compliance has become increasingly evident, starting with conflict minerals and expanding into the broader discussion on supply chain security, ethical sourcing, and responsible operations. Ultimately, these practices deliver significant benefits for both companies and their stakeholders.
Topics: Sourcing, Import Compliance
