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...
The US has surpassed China and become India’s top trading partner showing greater economic ties between the two countries. According to the commerce ministry, in 2018-19, the bilateral trade between both countries stood at USD 87.95 billion. The data shows that...
Pakistan decided to suspend all the bilateral trade with its neighbor India after the decision of Indian Govt to remove section 370 from Jammu & Kashmir state. Pakistan has also decided to downgrade its diplomatic relation and to review its bilateral engagements...
Indian Finance minister Nirmala Sitharaman proposed a significant rejig in basic customs duties in Budget 2019. She has introduced the Finance (No.2) Bill, 2019 in Lok Sabha today, that is 5th July 2019 which involves changes in Customs, Central Excise, Service Tax,...