Effective May 17, 2019, the designation of Turkey as a beneficiary developing country is terminated in accordance to Presidential Proclamation issued yesterday. If you are importing from Turkey, you will no longer be eligible for the Generalized System of Preferences…
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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: GSP, international trade, NMFS, NOAA
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: Free Trade Agreement, FTA, GSP, GSP Renewal
CBP Initiatives to Increase Collection Efforts
CBP issued CSMS# 17-000489- CBP Bills for Supplemental Duties, Taxes and Fees, or Vessel Repair Duties as a reminder to the importers to pay their bills no later than 30 days from the date of the bill. CSMS #17-000489 Title:…
Posted in duties, Free Trade Agreements, international import export, port of long beach, port of los angeles, seafood, trade Tagged with: ace, CBP, customs, customs broker, freight, import, perishables, trade
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: ace, air freight, carriers, CBP, containers, customs, customs broker, GSP, import, international trade, perishables, PGA, port of long beach, port of los angeles
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