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Today’s Top News

Tax Reform Won't Include Border Adjustability, Say Congressional and White House Leaders

The White House as well as Senate and House Republican majorities will not include border adjustment taxes within tax reform, according to a joint statement released July 27. “We are now confident that, without transitioning to a new domestic … Subscribe to Read >>

Customs Broker Regulatory Update Won't Need Offset, CBP Hopes; Timing for New Importer Verification Requirements Unclear

CBP hopes a long-discussed update to customs broker regulations in 19 CFR Part 111 will be considered "deregulatory" under the Trump administration's executive order on reducing regulatory burdens (see 1702070048), Robert Altneu, chief of CBP's Trade and Commercial Regualtions … Subscribe to Read >>

CBP to Use Phases for ACE Post-Release Deployments

CBP will use several phases to deploy post-release capabilities in ACE, CBP said in a July 27 CSMS message. The agency will separate out the collections functionalities and "deploy the other post release capabilities of ACE core using a … Subscribe to Read >>

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Today’s Featured Article

NAFTA Priorities Should Include Rules of Origin, TPL Updates, Textile and Apparel Groups Tell USTR

Representatives of the international and domestic textile and apparel industry concurred that a renegotiated NAFTA should preserve application of the Berry Amendment, in testimony on June 27, but differed on whether tariff preference levels (TPLs) should stay in place. Speaking during a hearing convened by the Office of the U.S. Trade Representative featuring interagency partners, American Apparel and Footwear Association Executive Vice President Stephen Lamar and Rubber and Plastics Footwear Manufacturers Association trade counsel Marc Fleischaker said NAFTA should maintain the general statutory requirement for the Defense Department to give procurement preferences to domestically produced products. “The NAFTA government procurement chapter should carefully and specifically preserve the applicability of the Berry Amendment in the United States,” Fleischaker said during the hearing at the International Trade Commission. … Read More >>

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Aug
15
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6
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8
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