On September 28, 2019, the U.S. Customs and Border Protection (CBP) deployed the Entry Type 86 for entry of Section 321 low-valued shipments; an automated process originally created to expedite entry approval for Ecommerce goods. For companies that meet the Section 321 requirements, Entry Type 86 can be utilized to save on customs costs. Section 321, Entry 86 stipulates that …
Effective June 1, 2018, additional tariffs of 25 percent and 10 percent on steel and aluminum imports were imposed for almost all countries. Effective February 8, 2020, these tariffs also applied to certain derivatives of aluminum and steel articles. ITC-Diligence Inc. can assist companies with avoiding or postponing tariffs by utilizing Foreign Trade Zones (FTZ). In May 2019, presidential proclamations …
Goods made with forced labor are not entitled to entry or importation into the United States. When information reasonably—but not conclusively—indicates that merchandise involving forced labor is being imported into the United States, Customs and Border Protection (CBP) may issue a Withhold Release Order (WRO), or formal findings, to enforce this prohibition. The WRO applies to goods entered from a …
United States based companies importing tires are subject to pay hefty deposits due to the implementation of anti-dumping duties on tire products from China. ITC-Diligence recognized the opportunity to assist our clients by utilizing FTZs. By importing tire products from China in high volume and selling in Mexico, our clients’ profitability and cash flow increases. Mexico does not have tariffs …
China tariff exclusions extensions have now expired. Approximately thirty-five percent of companies facing additional U.S. tariffs on imports from China had qualified for the China tariff exclusions. The tariffs were imposed by President Trump in 2018. The exclusions equaled about $3.2 billion in tariff relief for importers. Most of of the tariff exclusions were allowed on machinery, mechanical appliances, electrical …
The U.S. trade disputes with China and other countries are still impacting the economy and may even be having a negative role in the U.S. response to the current health crisis. Over the past two years, importers and exporters have become increasingly familiar with Section 301 of the Trade Act of 1974: Trump used it extensively to impose tariffs on …
ITC-Diligence is proud to be a certified Customs Trade Partnership Against Terrorism (CTPAT) Partner as of February 2021. Customs Trade Partnership Against Terrorism (CTPAT) was introduced in 2001 to strengthen international supply chains and improve United States border security. CTPAT provides the highest level of cargo security through close cooperation with importers, carriers, consolidators, manufacturers, and licensed customs brokers like …
Jaime C. Hurtado, International Business Office Manager of Riverside County Business & Community Services hosts “How to Benefit from Foreign Trade Zones.” The U.S. Foreign Trade Zones (FTZ) program offers substantial financial and logistical advantages to U.S.-based manufacturers and distributors. Distinguished panelists David Harlow, President & CEO of ITC-Diligence, Dr. Danielle Kelly, Executive Director at March Joint Powers Authority, Grantee …
