As a result of 87 separate exclusion requests filed by the trade, the U.S. Trade Representative has granted a second group of product exclusions for certain goods under List 1 of the China Section 301 sanctions that will be published in the Federal Register on March 25, 2019. The first group of product exclusion was… Read more »
U.S. Plans to Terminate the Generalized System of Preferences (GSP) benefits for India and Turkey
The United States established the Generalized System of Preferences (GSP) on January 1, 1976 to promote economic growth in developing countries. Under this program, duty-free benefits can be obtained for certain products from 129 designated beneficiary countries and territories that meet the Rules of Origin, which include a regional value content and direct importation requirements…. Read more »
Importing FDA Regulated Products Requires An Understanding Of The Regulations
Importing FDA regulated products into the US.? You need to understand the regulations to be successful. Please review the article at this link with advice from Taggart International Ltd Executive Vice-President, Sean Scarbrough and our friends at FDA Compliance Simplified: https://fdasimplified.com/blog/there-is-nothing-simple-about-importing-products-into-the-united-states/
WSJ.com Video On Right And Wrong Ways To Reduce The Burden Of Import Duties
Importers need to be very aware of the rules when planning a supply chain strategy to reduce the burden of tariffs. Even prior to the sanctions, this has been an important subject with which to understand and comply. The below illustrates several of the illegal practices. What the video does not properly illustrate is the impact… Read more »
China Section 301 Product Exclusions Announcement
The U.S. Trade Representative announced on December 28, 2018 that certain products are now excluded from Section 301 for one year. U.S. Customs issued instructions this afternoon indicating that 31 product categories have been excluded from List #1 of the Chinese sanctions under Section 301 effective now. CBP will issue implementation instructions regarding entry procedures… Read more »
