The container shortage problem is no secret and has been circling the market ever since the trading has begun after the Covid-19 lockdown has opened. The problem is not limited to the logistic industry but has also impacted manufacturing, retail business, and trading...
The government of India eased the policy to export Nitrile/NBR Gloves. It revised the HS code from “prohibited” to the “restricted” category. Indian govt. had banned their exports in June’20. With the new policy, exporters will be able to...
For the first time in almost 50 years, the United Kingdom (UK) has issued its own tariff regime. The new UK Global Tariff (UKGT) will be effective from January 1, 2021, and is set to replace the European Union’s Common Customs Tariff (EU CCT), which continues to apply...
On August 21, U.S. Customs and Border Protection (CBP) issued Harmonized System Update (HSU) 2007 containing 416 ABI records and 77 harmonized tariff records. This update includes modifications to support the United States Trade Representative’s (USTR) July...
Last week, the Americans for Free Trade (of which NCBFAA is a member) sent a letter to Representatives Jackie Walorski (R-IN) and Collin Peterson (D-MN) expressing strong support for their bipartisan legislation, H.R. 7665, to extend current product exclusions from...
In a statement published on April 17, the Office of the U.S. Trade Representative (USTR) announced “high-level representatives from the USTR and Brazil’s Ministries of Foreign Affairs, Economy, and Agriculture discussed the implementation of an ambitious...
