In a sudden escalation that rippled through global trade headlines, President Donald Trump announced that the U.S. would end aid to Colombia and impose new tariffs on Colombian exports. The announcement followed public accusations that Colombian President Gustavo Petro had failed to curb drug production, a claim Petro strongly rejected as “an attack on national sovereignty.” What might appear to be a diplomatic dispute is … 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