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Every year, trade transactions exceeding US$2 trillion are conducted under UCP600, totaling some 11% of all import/export transactions.1 The primary goal of the UCP600 is to ease cross-border trade by providing global uniform rules regulating the issuance and usage of…
Effective January 13, 2021, the CBP has issued a Withhold Release Order (WRO) that all U.S. ports of entry, U.S. Customs and Border Protection (CBP) will detain cotton products and tomato products produced in China’s Xinjian Uygur Autonomous Region. The…
By: Dina Davletshina, New Business Development COVID-19 has disrupted nearly every part of our lives. Yes, the public health consequences are tragic. But along with this, small and large businesses alike are feeling significant economic pain. Companies in the consumer…
In response to the difficulties facing American businesses due to the COVID-19 pandemic and associated control measures, Customs and Border Protection is contemplating granting relief to importers. In consideration of requests from the National Customs Brokers and Forwarders Association Customs…
CBP has initiated a series of calls informing industry groups and leadership on the impact to trade caused by the spreading COVID-19 disease. During the call, CBP confirmed that recently enacted traveler restrictions for select individuals traveling into the United…
Dear Valued Client: The well being of our clients, employees and partners are paramount to Express Trade Capital, Inc. We wanted to share with you that we are open for business and have remote back-up plans in place should the…
GSP up for Review The Office of the United States Trade Representative announced on March 2, 2020, regarding products and countries eligible for preference treatment under the Generalized System of Preferences (GSP) annual review. The attached notice includes articles and…
Overall Market Conditions: China officials have extended the Spring Festival Holiday until after February 2. The length of the extensions may vary depending on the location. Shanghai has extended until February 10, while others until February 14 or longer. As…
Important Upcoming Information Due to the upcoming Federal Holiday, our office will be closing Monday, February 17th. We will re-open Tuesday, February 21st. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize…
Important Upcoming Information. Due to the upcoming Federal Holiday, our office will be closing Monday, January 20th. We will re-open Tuesday, January 21st. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize…