If I learned anything from 2020, it’s that I don’t know what is in store for the future. In the last few years, we went from talking about how the Trans-Pacific Partnership (TPP) would transform trade, to Brexit, to the trade war, to the global pandemic.
Topics: Duty Drawback, Free Trade Agreements, HS Classification
As 2020 winds down, the first year of C-TPAT’s new Minimum Security Criteria (MSC) is coming to a close. The new MSC’s went into effect at the beginning of the year, and in early June, the C-TPAT portal was updated to reflect these new criteria. Having worked with several C-TPAT members as they updated their programs, there are a handful of observations and best practices that I wanted to share.
Topics: CTPAT
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The Brexit Transition period ends on December 31st 2020. As of January 1st 2021, the United Kingdom of Great Britain (UK) officially leaves the European Union (EU). Tradewin has identified some key areas that traders need to prepare for when the UK becomes a third country to the EU. These key areas need to be considered regardless if there is an agreement between the EU and the UK, as formalities at the borders will need to be completed.
Topics: Europe, HS Classification
In a recent competition regarding Customs Valuation, hosted by the Customs Valuation and Classification Institute under Korea Customs Services, our Tradewin Korea team won an Excellence Award.
Topics: Asia, HS Classification
The other night I was watching The Devil Wears Prada, one of my favorite movies. The best character is, of course, Miranda Priestly (played by Meryl Streep, in a role which is rumored to be based on real-life Vogue editor-in-chief, Dame Anna Wintour). Miranda’s character in the movie dictates “style” – but isn’t style, like beauty, in the eye of the beholder?
Topics: North America, HS Classification
