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Generalized System of Preferences 2018 As of April 22, 2018, customs brokers and filers were able to start filing GSP-eligible entry summaries without the payment of duties. GSP Retroactive refund: GSP-eligible formal and informal entries filed electronically via ABI indicating

Posted in customs, gsp, international import export, Pier Pass, Uncategorized Tagged with: , , ,

GSP Renewal and Seafood Import Monitoring Program (SIMP) included in Omnibus Spending Bill

  GSP Renewal Update   President Trump signed the Omnibus Appropriations bill which passed through the House and Senate on March 23, 2018. Because of this, GSP will be back in effect by April 23rd  (30 days after enactment).  Importers

Posted in free trade, Free Trade Agreements, gsp, seafood, Seafood Import Monitoring Program Tagged with: , , ,

Update: GSP Renewal 2018

On February 8, 2018, Legislation H.R.4979 was introduced by Rep. David Reichart (R-WA-8) and 8 other congressmen to renew GSP which has expired on December 31, 2017.  The House passed the legislation by 400-2 vote. The GSP legislation renewal must

Posted in free trade, Free Trade Agreements, gsp Tagged with: , , ,

CBP and Partner Government Agency Reminders

To our valued clients: Thank you for your trust and loyalty to us! Never before, in the history of the US Importing & Exporting Industry, has there been such an excessive amount of new rules, mandatory requirements and regulations; Under

Posted in ACE, ADD, anti-dumping/countervailing, C-TPAT, CBP, gsp, mpf, NMFS, NOAA, Seafood Import Monitoring Program, SIMP Tagged with: , , , , , , , , , , , , , , , ,

Important Reminder: GSP Expiration December 31, 2017

Background: The GSP (Generalized System of Preference) provides duty-free treatment for over 3,500 products from a wide range of BCD’s (Beneficiary Developing Country’s) and an additional 1,500 products from LDBDC’s (Least Developed Beneficiary Developing Country’s).  The GSP program promotes economic

Posted in 10+2, ACE, ACE Cargo Release, ADD, Air Freight, Air Shipments, country of orgin, customs, Customs Penalties, duties, freight, gsp Tagged with: , , , , , , ,

Generalized System of Preference (GSP) Free Trade Program Expires December 31,2017

The Generalized System of Preferences (GSP) is a renewable preferential trade program that allows the eligible products of designated beneficiary developing countries to enter the United States free of duty. The GSP program was expired on July 31, 2013 but

Posted in 10+2, ACE, ACE Cargo Release, anti-dumping/countervailing, containers, country of orgin, customs, customs food, duties, fda, free trade, Free Trade Agreements, gsp, importer responsibility, international import export, PGA, port of long beach, port of los angeles, seafood, trade Tagged with: , , , , , , , , , , , , ,

Newsflash: African Growth Opportunity Act (AGOA) Suspension of Duty Free Treatment and Trans-Pacific Partnership (TTP) Update

In an effort to keep you up to date on the latest news regarding Trade Agreements that affect the importation of your product, here are a few articles we thought you might be interested in: African Growth Opportunity Act (AGOA)

Posted in containers, free trade, gsp, international import export, produce, seafood, squid, terminals, trade, tuna, Uncategorized, usda Tagged with: , , , , , , , , , , , , ,

What is Trans-Pacific Partnership (TPP) Trade Agreement? Why do you need to know about it?

Some of you might have heard about Trans-Pacific Partnership (TPP),  the TPP is a trade agreement between several Pacific Rim countries concerning a variety of matters of economic policy. Among other things, the TPP will seek to lower trade barriers

Posted in containers, country of orgin, customs, customs food, duties, faq, free trade, freight, gsp, importer responsibility, international import export, port of long beach, port of los angeles, port of oakland, ports, produce, seafood, terminals, trade, west coast Tagged with: , , , , , , , , , , , ,

An Update on the Renewal of the Generalized System of Preference (GSP) and The Refund Process

On June 29, 2015, the President signed the bill that reauthorizes GSP through December 31, 2017 and makes GSP retroactive to July 31, 2013.  As provided in the Act, duty-free treatment of GSP-eligible imports will become effective 30 days after

Posted in containers, country of orgin, customs, customs food, duties, faq, fees, Food & Drug, free trade, gsp, importer responsibility, international import export, port of long beach, port of los angeles, port of oakland, ports, produce, seafood Tagged with: , , , , , , , , , , ,

Change in Status for Bangladesh

Effective September 3, 2013, GSP treatment of all goods of Bangladesh origin is suspended due to concerns about worker rights and worker safety.  As of Sept. 3, imports of GSP-eligible goods from Bangladesh will be subject to most-favored-nation duty rates. For

Posted in gsp

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