Two Minutes in Trade

The much-anticipated changes to Mexico’s Harmonized Tariff schedule are set to go into effect on December 12, 2022. 

A new report from the Information Technology and Innovation Foundation endorses a different approach.  For more information on this topic listen to Today's Two Minutes in Trade.  

In today’s meeting of the U.S.-EU Trade and Technology Council Summit, the economic powerhouses will meet to discuss opportunities for cooperation and competition in the future tech space.

CBP has extended the time period for brokers, importers and drawback claimants until February 17th  to ensure POAs are executed directly between the parties. Proper due diligence now can set the stage for future compliance.

On November 23rd, CBP announced a withhold release order on sugar and sugar based products from Central Romana Corporation Limited.  For more information on this topic listen to today's Two Minutes in Trade.  

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SAT extends the requirement of the Carta Porte until July 31, 2023, there will be no fines or sanctions

Section 301 duties imposed on China imports forced U.S. importers to consider alternative sourcing.  New litigation may transform CBP’s approach to country of origin determinations.

USTR extends 81 China 301 tariff exclusions for 3 months. Thanks-but companies need more notice and more certainty. Listen for more on today’s Two Minutes In Trade.

CBP has announced three new forced labor benefits for CTPAT-Trade Compliance members. Saving importers some time and costs is cause for some holiday cheer.

IPEF meetings to be held December 10-15 in Australia. Will anything happen?  Listen for more on today’s Two Minutes In Trade.