Electronic Filing of Compliance Certificate Data Mandated
By Sandler, Travis & Rosenberg January 22, 2025 – More than a decade after first proposing the idea, the Consumer Product Safety Commission has issued a final rule that will implement electronic filing of certificate of compliance information for imports of regulated consumer products and substances. This rule also makes certain revisions to the requirements […]
Know Your Customer: Essential Steps for International Exporters
By Michael Ford, Tradebridge Consulting January 15, 2025 – In today’s complex global trade environment, knowing your customer isn’t just a regulatory requirement‚ It’s a fundamental business practice that protects your company’s interests and ensures sustainable international growth. For companies engaged in export operations, implementing a robust Know Your Customer (KYC) program is essential to prevent […]
2024 Election Candidates’ Trade Policy
2024 Presidential Candidates’ Stances on the Future of U.S. Trade October 30, 2024 – With less than a week before the 2024 U.S. Presidential election, the trade community is preparing for the trade policy strategies of a potential Harris Administration or another Trump Administration. KPMG recently released a side-by-side report on the anticipated trade approaches […]
BIS Connected Vehicle Rulemaking
AAEI Comments on Proposed Connected Vehicle Rule October 29, 2024 – The American Association of Exporters and Importers (AAEI) submitted comments in response to the Bureau of Industry and Security’s (BIS) notice of proposed rulemaking regarding connected vehicles. The proposed regulations aim to address potential national security concerns associated with information and communication technology services […]
Tariffs and Bond Stacking Strategy
Read part 1: Tariffs and Bond Stacking Liability Plan the Timing of When to Make Use of Larger Continuous Bond By Matt Zehner, Roanoke Insurance Group, Inc. August 28, 2024 – Importers must monitor bond sufficiency on a regular basis, with the goal to avoid a short-notice demand from CBP to terminate and file a […]
Tariffs and Bond Stacking Liability
Read part 2: Tariffs and Bond Stacking Strategy Higher Tariffs May Trigger Bond Stacking Liability for Importers By Colleen Clarke, Roanoke Insurance Group, Inc. July 31, 2024 – Driven by the onset of the trade remedy tariffs in Spring 2018, duties owed on imported goods more than doubled and continues to grow, especially driven by […]
2024 Government Shutdown Chart
The threat of a partial government shutdown still looms as we enter the new year. The Democratic-run Senate and Republican-controlled House of Representatives face a Jan. 19 deadline to make a funding deal that would prevent a partial shutdown unless a last-minute deal is reached. Government services that are deemed “essential” will remain open, others […]
House Passes Funding Bill, Averting Government Shutdown for Now
The House of Representatives overwhelmingly passed a two-part short-term funding bill on Tuesday that will keep the government from shutting down until early 2024. The two-tiered approach sets separate deadlines–January 19th and February 2nd–for two groups of appropriations bills, each funding a different subset of the government. The bill now moves to the Senate, where […]
AAEI Submits Comments on Information Sharing Initiative
On behalf of the TransPacific Committee, AAEI submitted answers to a request for information from the Federal Maritime Commission (FMC) last week, supporting the Maritime Transportation Data Initiative (MTDI). Read AAEI’s letter here. On Capitol Hill, AAEI is working to build stronger relationships with members who sit on the House Ways and Means and Senate […]
Lawmaker Updating Proposed Customs Modernization Bill
AAEI met with staff members working for Sen. Bill Cassidy (R-LA) on the progress of his long-awaited Customs Modernization legislation. Cassidy staff members tell AAEI’s Mitchell Hart that they are currently working on an updated draft, which will include trade facilitation measures. The first draft of the bill focused only on trade enforcement. The revised […]