EPA’s Phasedown of Hydrofluorocarbons: Impact for Foreign Trade Zone Users

EPA’s Phasedown of Hydrofluorocarbons Impact for Foreign Trade Zone Users

Importers who use Foreign Trade Zone (FTZ) sites to store regulated hydrofluorocarbons (HFCs) may be interested to learn the EPA has clarified that HFCs will be treated the same whether the cargo is entering/exiting an FTZ or if a consumption entry is being filed.[1] The HFC Phasedown went into effect November 2021.

Read More

Topics: Export Consulting, Import Consulting

Russian Sanctions in the European Union and the United Kingdom

AS_Compliance_1_jpg (1)-1

It has been over two months since the start of the invasion by Russia into Ukraine on the 24th of February 2022. As the tensions began to build before the invasion, the Member States of the European Union and the United Kingdom had been threatening to impose sanctions on Russia in the event that they invade Ukraine. Both the European Union and the United Kingdom were quick to enforce the sanctions once military operations commenced.

Read More

Topics: Europe, Asia, Export Consulting, Import Consulting

Top 5 Trade Lessons for 2022 [PODCAST]

top5TradeLessons-041922_Header

This week we feature The Expeditors Podcast with host Chris Parker. The podcast shares observations, perspectives, and discussions on front-of-mind topics impacting the logistics and freight-forwarding industry through the lens of  a global logistics provider.

Read More

Topics: Export Consulting, Import Consulting

Sanctions and Embargoes: How Are They Different?

Churchillian Thoughts on European Customs Valuation

Most of us have heard of the terms “sanctions” and “embargoes.” They are often used interchangeably, but they are quite different.

Trade sanctions target specific types of transactions, as in a prohibition to sell arms to a specific business, country, government, or regime. An embargo represents a complete prohibition of all trade activities between countries.

Read More

Topics: Export Consulting, Import Consulting

Section 301 Exclusion Extensions Announced

Tradelane-Header incoterms 2020 size formatted

**Update: CBP has notified the trade that HTS 9903.88.67 will be activated in ACE on April 12th. Entries filed between April 12th, 2022, and December 31st, 2022, may claim the exclusion at time of importation using this HTS. Importers who paid Section 301 duty on entered merchandise that is now subject to an exclusion between October 12th, 2021 and April 11th, 2022 may recover previously paid duty via a Post Summary Correction (PSC). Tradewin may help with exclusion determinations and helping you build a post entry strategy.**

On March 24th, 2022, the United States Trade Representative (USTR) issued an announcement reinstating certain product exclusions previously granted and expired for items subject to 301 duties. There are 352 product types that have been reinstated as part of this list, covering a broad range of commodities.

Read More

Topics: Export Consulting, Import Consulting, North America