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
New CBP Updates: Reinstatement of Certain China Exclusions
At the end of March 2022, the office of the United States Trade Representative announced the reinstatement of certain exclusions from China section 301 tariffs. This new product exclusions fall under HTSUS classification 9903.88.67, according to the aforementioned office. These said Section 301 China tariff exclusions were previously expired on Dec 21, 2020, and reinstated until December 31, 2022. These exclusions apply to roughly 500 … Read More