|March 12, 2021|
|The importance of auditing supply chains for violations like forced labor, child labor and transshipment is not necessarily confined to Asia and other developing regions. Sky News reports that CBP is investigating a British company for alleged slave labor conditions at their plant in Leicester in the United Kingdom. Alba’s trade services for clients include the ability to source and conduct audits around the world to ensure compliance with US import regulations and keep supply chains moving.|
|Why being correct is so important|
Product classification for Customs and agencies can be an alphanumeric soup. Moe Elshafi, Senior Vice President of our Food and Beverage Specialty Division and based in Jersey City, provided the idea for an important topic for importers – accuracy in classification. Sure, everyone knows why the HTS number is important, but did you know the same applied for things like FDA product codes? Wrong numbers can mean big problems like detentions or – even worse – refusals.
US / UK / EU back away from large aircraft duties for four months Focused on rebuilding alliances with allies to collaborate on a multitude of issues impacting American national security at home and abroad, the US separately reached agreements with the UK and the EU to suspend the large aircraft duties from the Boeing / Airbus dispute for four months. In statements, the USTR reaffirmed the need to work together to combat the actions and behaviors of countries like China and their role in destabilizing fair and equitable trade.
The Court of International Trade is consolidating and preparing for the thousands of cases submitted seeking relief from Section 301 duties for Chinese imports on Lists 3 & 4a imposed by the previous USTR. Last week arguably the world’s largest retailer Walmart filed suit, bringing additional visibility and weight to the case which should be heard later this year.
The new Hackett Associates and National Retail Federation (NRF) Port Tracker report is expecting record retail sales growth in 2021. Port Tracker reported in January retail container ports handling 2.06 million TEU, training December by 2.3% but still seeing a 13% annual gain. It is also the highest volume January since tracking began in 2002.
Secretary of State’s first overseas trip features Japan, South Korea stops – plans meeting with Chinese delegation in Anchorage en route home Next week, Secretary of State Antony Blinken and Defense Secretary Lloyd Austin plan a joint four-day trip to Asia where they will meet with their counterparts from Japan and Korea for two, two-day meetings. En route back, the State Department announced yesterday his intent to meet March 18th with PRC representatives in Anchorage along with National Security Advisor Jake Sullivan.
- Posted by Joe DeSilvetri
- On March 17, 2021
- 0 Comments