Category Government

US Customs Roundup

ACE Mandatory Usage Effective July 23rd US Customs and Border Protection (CBP) announced that effective July 23rd, 2016 Automated Commercial Environment (ACE) will be the sole CBP authorized EDI system for the electronic entry and entry summary filings for all…

CBP Begins Third Phase of New GSP

U.S. Customs and Border Protection (CBP) has entered the third phase of its renewed Generalized System of Preference (GSP) Retroactive Refund Processing. The system was enacted on July 29th, 2015 and remains in effect through December 31, 2017. During the third phase, importers…

CBP Updates GSP

US Customs and Border Protection (CBP) has completed 98% of the automatic refunds for Generalized System of Preference (GSP) for entries filed with the “A” SPI and were duty paid. CPB is reviewing the remaining 2% of qualifying entries for…

Key Trade Bills & Programs Enacted

Esther Shmunis, Express Trade Capital Trade Preferences Extension Act Signed Yesterday, the President signed the Trade Preferences Extension Act of 2015 into law. The Act grants the President the broad power to submit trade deals to Congress for an up-or-down…

GOVERNMENT UPDATE: PORTS ACT

Esther Shmunis, Express Trade Capital In response to the recent West Coast port work stoppages that have strained the U.S. economy, enraged the nations’ embattled retailers and impacted millions of American jobs, the federal government has begun deliberations on whether…