Spring Cleaning: Get Your HS Code Right!

Posted by Suzanne Richer on Wed, Apr, 24 2019 @ 7:00 AM

Challenged with classification? Classifying the same product differently in one or more countries? Uncertain as to when a “kit” is a “kit for customs purposes” or when to classify a part with the machine and when not to? 

The Harmonized System (HS) is a global number, to 6-digits, that drives the duties, fees and taxes of a product upon importation, in addition to applicable protective measures (i.e.: antidumping). In addition, the HS number is the basis of many free trade agreement qualification processes. So why do so many companies raise their customs risk and classify some products differently when operating in more than one country?

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Topics: Import Compliance, Product Classification, Export Compliance, Global Trade Academy, Trade Compliance, Import Customs Filing

Game-Changing Duty Drawback Simplification is Here – Are You Ready?

Posted by Kelsey Barker on Mon, Sep, 10 2018 @ 11:15 AM

Duty Drawback Simplification regulations are finally here, and they’re a game-changer for importers and exporters looking to recover duties and fees. Companies can now go back five years for duty drawback claims, but you need a plan.

Join Amber Road’s Global Trade Academy for a complimentary webinar this Thursday, September 13, at 2PM EST, with Drawback Specialist Brenda Sweetman.

Brenda, along with Global Trade Academy’s Suzanne Richer, will walk you through the key points in the proposed regulations:

  • The items the CBP has settled – and what they still have to negotiate
  • A timeline: how and when to apply
  • The eligibility of brand new tariffs for drawback

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Topics: Duty Management, Import Compliance, Export Compliance

Tackle Trade Compliance with Global Trade Academy's 5-Day Import Boot Camp

Posted by Kelsey Barker on Fri, Jul, 13 2018 @ 11:21 AM

Understanding constantly evolving U.S. customs regulations and its complex requirements is a challenging task.

Whether you are looking for a refresher course or are new to the industry and want to get up to speed fast, our hands-on 5-day Import Boot Camp will provide you with a solid understanding of U.S. Customs regulations, requirements, and best practices needed to tackle a multitude of trade compliance issues with authority.

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Topics: Import Management, Import Compliance, Global Trade Academy, Import Customs Filing

Get a Grasp on ACE and the PGAs with Trade Automation

Posted by Julia Gorman on Wed, Jun, 6 2018 @ 10:10 AM

U.S. Customs and Border Protection (CBP) set up Automated Commercial Environment (ACE) with the intent of providing importers a "single window" to submit data to other U.S. agencies. But instead of finding a steady mark to hit, shippers are struggling with the complexities of importing under ACE and the partner government agencies (PGAs). 

A Moving Target: The Complexities of Importing Under ACE And The PGAs is an American Shipper white paper that exposes the uneven levels of ACE integration from PGAs. As the sponsor of this white paper, Amber Road contributes to the conversation by offering how global trade management automation can help importers navigate among the chaos.

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Topics: Import Compliance, Trade Compliance

Amber Road and Dow Jones Partner to Deliver Expanded Restricted Party Screening Capabilities

Posted by Kelsey Barker on Tue, Jun, 5 2018 @ 2:13 PM

Today, Amber Road announced a new partnership with Dow Jones Risk & Compliance to offer enhanced Restricted Party Screening (RPS).

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Topics: Global Trade Content, Import Compliance, Export Compliance, Restricted Party Screening, Export Violations, Global Knowledge

Navigating Your Way Through Global Trade Uncertainties

Posted by David Hamilton on Tue, Jun, 5 2018 @ 11:35 AM

Today’s global trade market, subject to volatility and constant changes, presents several challenges to international companies and their supply chains. Risks to supply chains are normally categorized into issues such as production errors, unanticipated weather events, labor disputes, and qualms with supplier reliability. While these are all legitimate fears that any sensible company should monitor, special attention should also be paid to addressing global trade uncertainties—modifications in economic and political trade policies that precede shifts in regulatory compliance standards.

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Topics: Duty Management, Global Trade Management, Import Compliance, Export Compliance, Trade Compliance

Trade Sanctions Update: The Hotbed Gets Hotter

Posted by Gary M. Barraco on Wed, Mar, 21 2018 @ 11:10 AM

In recent years, importers and exporters have needed to stay on their toes regarding changes to trade rules of all kinds, and that is rightly causing trepidation. 

Economic and trade sanctions are the most widespread and powerful means of displaying disdain for one country’s actions on the world stage. Unilateral or bilateral sanctions are strong penalties that restrict trading activity of goods imported from or to a country. They might also be used to assess duties on particular goods in retaliation for another country’s trade sanctions.

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Topics: Import Management, Export Management, Import Compliance, Export Compliance, Restricted Party Screening, Global Knowledge

Are You Ready for Export & Import Compliance Ch-ch-changes? 

Posted by Paris Riley on Fri, Mar, 2 2018 @ 4:03 PM

As the late great David Bowie said in his 1971 hit song Changes, "time may change supply chains, but supply chains can't change time." Well... maybe not exactly that. Nonetheless, last year brought about many changes in the global trade industry. We saw a rise in protectionist measures worldwide, new import regulations, and free trade agreement negotiations that could greatly impact leading economies. All of these new developments can be quite concerning for importers and exporters, but which should be top of mind and how can you be prepared?

American Shipper’s Import/Export Compliance Benchmark Study: Turn and Face the Change explores the concerns of today’s shippers and provides insight into how other importers, exporters, retailers, and manufacturers handle cross-border trade. In fact, did you know that 40% of exporters want better market access in China for their products?

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Topics: Import Compliance, Export Compliance

Pivotal Trade Initiatives: Increased Duties & The Global Supply Chain Impact

Posted by Suzanne Richer on Tue, Feb, 6 2018 @ 9:39 AM

The importing community is reacting to the recently announced tariff increases based on a recommendation from the United States International Trade Commission. This led to President Trump’s move to add a 30% tariff on solar cells and up to 50% for imported washing machines. The tariffs on the solar cells would decrease over a four-year period. 

The President is using Section 201 of the Trade Act of 1974, the so-called “escape clause” to take this action. This rarely used statutory provision empowers the President to grant temporary import relief, by raising import duties or imposing non-tariff barriers on goods entering the United States that injure or threaten to injure domestic industries that produce similar goods.  

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Topics: Import Management, Import Compliance, Trade Compliance

Webinar: How Will Changing Trade Policies Impact Your Global Supply Chain?

Posted by Paris Riley on Fri, Feb, 2 2018 @ 2:24 PM

How will your company handle trade policy changes? From the latest trade restrictions on the import of solar panels and washing machines, to ongoing NAFTA renegotiations, extensive policy changes are underway. A recent survey of more than 500 global logistics executives found that shippers are divided on the potential outcome of US free trade agreement negotiations and are generally unsure what to expect. Others are scrambling to deal with unexpected trade regulations that have shaken their industries to the very core.  

Amber Road wants to help you navigate these changes. Currently, there are eight major policy initiatives in review that could be a big adjustment for importers – affecting both the bottom line and key business practices.

Join Amber Road’s Global Trade Academy as we explore the major changes that should be on your radar during our webinar, The Great Trade Pivot: Changing Policies and Their Impact on Your Global Supply Chain, broadcasting live on Wednesday, February 7 at 2pm EST.

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Topics: Webinars, Import Compliance, Global Supply Chain

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