Duty Drawback Simplification: Your Questions Answered!

Posted by Kelsey Barker

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. Earlier this month, Amber Road’s Global Trade Academy hosted a webinar with Drawback Specialist Brenda Sweetman to cover these important updates.

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Topics: Duty Management, Import Management, Export Management, Product Classification

Talking Logistics Interview with Gary Barraco - Digitization: Where Can You See Value?

Posted by David Hamilton

Gary Barraco, Director of Global Product Marketing at Amber Road, speaks with Adrian Gonzalez of Talking Logistics about several aspects of digitizing the global supply chain and the benefits it provides. Digitizing your supply chain empowers global trade professionals with a competitive edge by providing visibility across shipments, into costs, and ahead of potential risks – all netting significant cost savings. Gary and Adrian address several questions that culminate in building a business case to prove the value of a digital supply chain to your C-Suite.

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Topics: Global Trade Management, Supply Chain Visibility, Import Management, Export Management

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

Posted by Kelsey Barker

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

Importing from China? Your Products Could Be Hit With A 25 Percent “Special” Tariff!

Posted by Suzanne Richer

In a further indication that U.S. trade policy toward China has stiffened, the Trump Administration has initiated a punitive tariff action against China under Section 301 of the Tariff Act. Section 301 empowers the White House to impose additional import tariffs on the products of countries who maintain discriminatory policies against U.S. products and services.

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Topics: Import Management, Product Classification, Global Trade Academy

Tax Triumphs & Trade Troubles: What You Need to Know for 2018 Cross-border Trade

Posted by Paris Riley

They say that two things are certain: death and taxes. But another certainty is that once you've built your business around a particular tax structure, it will change.

Since the new tax plan was officially announced three months ago, companies that operate in or with the United States are still scrambling to understand it, especially along with new trade restrictions, import regulations, and tariffs. Some changes, such as the import restrictions on solar panels and washing machines, have been released in full, but others remain mere speculation, making import compliance all the more difficult this year.

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Topics: Import Management, Duty Management

Brexit Resources: Are Your Import and Export Compliance Teams Ready?

Posted by Joseph Gabro

We are officially one year away (well, 367 days if you want to be exact): On March 29, 2019, the United Kingdom is scheduled to leave the European Union. While Britain is still searching for an independent customs bill that could legislate trade relations outside customs union membership, global trade professionals must prepare for the various scenarios at hand. Although we have known about this impending Brexit since June of 2016, many questions are left unanswered - are your import compliance and export compliance teams ready for the challenges ahead?

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

Trade Sanctions Update: The Hotbed Gets Hotter

Posted by Gary M. Barraco

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

The Odds Aren’t in Favor of Your Global Sourcing and Logistics Relationship

Posted by Julia Gorman

Only 1 in 4 shippers connects sourcing and logistics on a single platform. If your organization falls into the majority (and the odds are you do) you likely miss out on opportunities to optimize global performance through the utilization of free trade agreements.

Recent American Shipper research reveals that the odds aren't in favor of your global sourcing and logistics relationship, as illustrated by Amber Road's infographic: Bridging the Sourcing-Global Trade Divide.

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

Webinar: Don’t Be Blindsided by Customs Law & Import Regulations!

Posted by Julia Gorman

Customs laws and regulations are continuously changing. This challenges your ability to comply with labor regulations and imported product restrictions, making it increasingly easy to get blindsided by penalties at the border.

At the same time, changing trade regulations and enhanced inter-agency enforcement techniques are delaying the clearance time for sensitive imports. This results in longer lead times and higher costs associated with customs exams and storage fees. 

Join Amber Road’s Global Trade Academy as we tackle the changes and potential pitfalls for importers during our webinar, Your Shipment Was Stopped? Don't Get Blindsided By Customs Laws & Regulations! It will broadcast live on Tuesday, March 20th at 2pm EDT.

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Topics: Webinars, Trade Compliance, Global Trade Academy, Import Management

Q&A - The Great Trade Pivot: Changing Policies and Their Impact on Your Global Supply Chain

Posted by Paris Riley

A few weeks ago, Amber Road's Global Trade Academy hosted the webinar The Great Trade Pivot: Changing Policies and Their Impact on Your Global Supply Chain. This webinar (available on-demand) walks through some of the biggest potential policy changes that could dramatically raise your import costs and have a profound impact on your company’s import compliance program.

Robin Grover, an international trade lawyer with over 35 years of experience handling all aspects of export-import issues, recieved a lot of great questions during the live broadcast and he has taken the time to answer some here.

Q: What is your opinion on GSP getting reinstated? What timing do you expect? 

    1. CBP notes on its website: “GSP periodically expires and must be renewed by Congress to remain in effect. The 2015 GSP reauthorization (H.R. 1295) expired on December 31, 2017. All previous GSP renewals that have taken effect after a lapse have included a retroactive clause providing refunds to importers of eligible goods imported during the lapse period.”  Customs goes on to recommend that you “flag” all GSP entries: “Until further notice, importers are strongly encouraged to continue to flag GSP-eligible importations with the SPI “A,” even as they pay normal trade relations (column 1) duty rates on otherwise GSP-eligible importations. Importers may not file SPI "A" without duties.”   I fully agree with Customs on this and expect that Congress will ultimately renew GSP and make its benefits for entries retroactive.  On a related note, please be aware that CBP in conducting audits is looking for substantial documentation in your files to support claims of GSP duty-free status for your imported goods.
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Topics: Webinars, Import Management

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