G-TEC 2019

Date:  July 29-30, 2019

Location:  New Orleans, LA

The NCBFAA Educational Institute invites all global logistics professionals to its Fifth Annual Global Trade Educational Conference (G·TEC). This two-day event in beautiful New Orleans, LA will give customs brokers, freight forwarders, NVOCCs, OTI, service providers, importers, exporters and all global logistics professionals an opportunity to update themselves on industry developments and connect with colleagues new and old.

REGISTER HERE

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​BIS Annual Update Conference 2019

Date:  July 9-11, 2019

Location:  Washington, DC

The Bureau of Industry and Security’s annual Update Export Control Policy Conference gives the exporting community the opportunity to learn first-hand from senior U.S. Government officials about current issues and trends in export control policies, regulations and practices. This major outreach activity draws business and government representatives from around the world to exchange ideas about export control issues. It provides attendees with the opportunity to interact with U.S. Government officials about programs and services offered by U.S. Government and industry exhibitors. It is one of the Department of Commerce’s most notable international trade events.

REGISTER HERE

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CBP recently reported that in fiscal year 2018 there was an increase in the number of importer audits.  That number increased from 418 to 435 audits.  The total number of trade penalties also increased from 931 to 1385.  However, the number of liquidated damages decreased by 11%.  Any idea why?

It turns out that importers are starting to take proactive measures to maximize compliance in the event they are audited.  Some proactive measures include import manuals, submitting binding ruling requests, expert consultations and more.  Do you have an import manual?  If not, now would be the time to get one!  Contact your local JAS representative for more information!

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The informed compliance period for ACAS is scheduled to end on June 11, 2019. The one-year informed compliance period was meant to provide the trade enough time to make any necessary business process changes in order to comply with the new requirements. Effective June 12, 2019, carriers are not permitted to ship cargo to the US without satisfactory completion of the ACAS risk assessment.

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JAS has been effectively filing ACAS for quite some time now and prepared for the June 12th enforcement date. The impact of this order should be minimal.

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An announcement was made on May 17th that the U.S. will lift the 25% steel tariff and 10% aluminum tariffs on Canada and Mexico to ratify the North American trade deal. The announcement also stated that Canada will lift its retaliation duties on U.S. products. The countries agreed to eliminate the tariffs within 48 hours.

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​An announcement was made from the White House that Turkey is no longer considered a developing country and will be terminated from the GSP Program effective May 17th.   The Section 232 tariff of 50% on Turkish steel will be reduced to 25% effective May 21st. Additionally, an announcement was made that India will be removed from the GSP program effective June 5th.  

For further information on the announcements, please refer to the following links:

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​A statement from the White House was released stating that on June 10, 2019, goods of Mexican origin will be subject to a 5% tariff.  The statement indicated that the tariffs would increase to 10% on July 1st, 15% on August 1st, 20% on September 1st and 25% on October 1st where they will remain until Mexico takes unspecified steps to curb illegal immigration to the United States.

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