Save on Duties with Entry Type 86

Young Company FTZ News

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 …

FTZ Benefits of WRO Storage

Young Company FTZ News

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 …

China Tariff Exclusion

China Tariff Exclusions Extensions Expired

Young Company FTZ News

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 …

U.S. China Tariff War Continues Under Biden

U.S. China Tariff War Continues Under Biden

Young Company FTZ News

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 …