Customs Q&A of the Month: With Licensed Customs Brokerage, Jessica Parks Uyghur Forced Labor Prevention Act: What you should know U.S. Customs and Border Protection has put the UFLPA in place which specifically bans the import of goods resulting from forced labor in China – specifically in the Xinjiang area of China. In 2017, the Chinese government, in an act of Genocide as described by … Read More
Ocean Carriers Rounding 2021 with Biggest Profits Yet
While consumers, manufacturers, and shippers are struggling to cut costs and remain afloat during these trying times – ocean carriers, specifically the Japanese carrier Ocean Network Express (ONE), are reporting some of the highest profits to date.
Customs Brokerage Question of the Month
Q: What are Anti-Dumping and Countervailing Duties? A: Antidumping (AD) and Countervailing Duties (CVD) are intended to offset the value of dumping and/or subsidization, thereby leveling the playing field for domestic industries taking a hit by unfairly traded imports. “Dumping” occurs when foreign manufacturers sell goods in the United States less than fair value, causing injury to the U.S. industry. AD cases are company-specific; their … Read More