The Generalized System of Preferences (GSP) is a long-standing U.S. trade program aimed at fostering economic growth in developing countries while benefiting American businesses. By allowing duty-free imports of eligible products from designated countries, the GSP promotes economic stability abroad and provides U.S. companies with cost-effective access to essential goods. However, this program has been expired since December 31, 2020, leaving many traders in a … Read More
CBP Now Rejecting Vague Cargo Descriptions in ACAS
As international shipping continues to evolve, U.S. Customs and Border Protection (CBP) has officially begun enforcing stricter rules on the accuracy of cargo descriptions in the Air Cargo Advance Screening (ACAS) program. As of October 7, 2024, carriers and other stakeholders submitting ACAS data must ensure that the descriptions of their cargo are precise and transparent. Vague terms such as “gift,” “daily necessities,” “accessories,” “parts,” … Read More
Biden Cracks Down on Unsafe De Minimis Shipments
In a significant move to protect American consumers, workers, and businesses, the Biden-Harris administration has announced new measures to crack down on de minimis shipments—low-value imports that often bypass traditional scrutiny. These shipments, typically valued under $800, have been increasingly exploited to flood the U.S. market with unsafe or unfairly traded goods. The new actions focus on enhancing oversight and enforcing stricter trade practices to … Read More
CBP’s Role in Securing Cargo Imports
In the realm of international trade, the smooth flow of goods across borders is essential for economic growth and prosperity. At the forefront of ensuring the security and integrity of this process is the US Customs and Border Protection (CBP). Recent developments in the world of cargo importation have brought to light various trends and challenges that CBP is navigating to uphold its mandate effectively. … Read More
Is the MPF Increasing this year?
Q: Is the Merchandising Processing Fee (MPF) Increasing in 2021? A: Yes, U.S. Customs & Border Protection (CBP), posted notice of the below-noted increase(s) in user fees, which are effective October 1, 2023. CBP will increase Consolidated Omnibus Budget Reconciliation Act (COBRA) ‘User Fees’ by 26.670 percent to adjust for inflation in the fiscal year 2024. New Rates Include: MPF Minimum: $31.67 (previously $27.75) MPF … Read More