Procedures & Requirements for the Craft Beverage Modernization Act & Tax Reform of 2017

Customs and Border Protection released instructions for receiving reduced tax rates per the Craft Beverage Modernization Act and Tax Reform of 2017 (CBMA). For an importer to be eligible to receive a reduced tax rate or a tax credit, importers

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Implementation of the Craft Beverage Modernization Act

The moment we’ve all been waiting for is around the corner! As previously advised by the Craft Beverage Modernization Act (CBMA), reduced tax rates and/or tax credits are applicable to importations of certain limited quantities of distilled spirits, beer or

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U.S., Canada and Mexico Reach New Trade Deal

Just prior to the midnight deadline on September 30th, Canada agreed to the terms of a new trade agreement with the United States and Mexico. The new deal, which has been aptly named the United States-Mexico-Canada Agreement (USMCA), will replace the

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Updates to Section 301 Tariffs

As many of you may be aware, on September 21, 2018, the USTR published a Notice of Modification of Action providing for the imposition of additional import duties on a third list of Chinese products. On September 28, 2018, the

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CBP User Fees to Increase on October 1st, 2018

It’s been a few months since the announcement in the Federal Register, but please remember that several user fees will increase effective October 1st, 2018. One of the most significant changes will involve merchandise processing fees (MPF).  While the ad

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USTR Releases Official List 2 Exclusion Process

The office of the United States Trade Representative (USTR) officially published the List 2 exclusion process on Tuesday, September 18th. The official notice and exclusion process can be found HERE. Please take note of the following key points as they

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List 3 Tariffs on $200 Billion Worth of Chinese Imports to Take Effect on Monday, September 24th

We are sorry to report that the (dreaded) day has finally arrived…    In the Administration’s continued attempt to bolster U.S. manufacturing, Section 301 List 3 tariffs have been finalized—and are set to take effect next Monday, September 24th. Affected

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Miscellaneous Tariff Bill Becomes Law and Reduces Tariffs on Nearly 1,700 Items

The Miscellaneous Tariff Bill (MTB) became law on September 13th, 2018 and will go into effect on October 13th, 2018, following a 30-day grace period. The bill provides tariff reductions on roughly 1,700 items through 2020 and was originally proposed

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List 3 Tariffs Could go into Effect as Early as Friday, September 7th

We are hearing from the media—and you may be as well– that tariffs on List 3 could go into effect as early as Friday, September 7th.   We find this hard to believe, but feel it is important to share what we are thinking: The

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President Trump Announces the “United States–Mexico Trade Agreement”

The United States Trade Representative (USTR) has released three U.S.-Mexico Trade Fact Sheets announcing that the United States and Mexico have reached a preliminary agreement, in principle, to update the 24-year-old NAFTA with modern provisions representing a 21st century, high-standard

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