Expected reviews of U.S. free trade agreements may offer a "once in a generation" opportunity to fix some restrictions on drawback, said David Corn, vice president of Comstock and Holt, during a recent interview. While changes to the restrictions in NAFTA are a priority, there's also some hope that similar restrictions in the U.S.-Chile Free Trade Agreement could also be revised, he said. A group calling itself the Duty Drawback Coalition, which Corn is involved in, submitted comments to the Commerce Department noting the problems created by the NAFTA drawback restrictions (see 1704170025).
The Food and Drug Administration on May 10 posted to its website additional guidance (here) on entry filing for food imports after the first compliance date for the Foreign Supplier Verification Program regulations of May 30. As detailed by CBP in a recent CSMS message (see 1705030047), the guidance says FDA will temporarily allow filers to submit “UNK” (unknown) for the FSVP importer unique facility identifier if the FSVP importer has not yet obtained a DUNS number.
CBP issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with some of the top stories for May 1-5 in case they were missed.
CBP won't be able to accept drawback claims filed in ACE under the revised processes that come from the Trade Facilitation and Trade Enforcement Act when they take effect on Feb. 24, 2018, the National Customs Brokers & Forwarders Association of America said in a May 9 email. The agency lacks the funding to complete the TFTEA-related programming and "CBP believes that it needs a full year to program all agency requirements," according to the NCBFAA. Still, CBP is expected to finish necessary regulatory changes by the statutory deadline, even if ACE isn't ready for the TFTEA changes.
CBP issued the following releases on commercial trade and related matters:
President Donald Trump on May 5 signed fiscal year 2017 omnibus legislation that will fund the federal government through Sept. 30 and avoid a shutdown, the White House said. The Senate and House this week both passed the compromise bill, which will also require CBP to brief Congress on ACE development efforts within 90 days of enactment (see 1705010037).
CBP issued the following releases on commercial trade and related matters:
The Senate on May 4 passed fiscal year 2017 omnibus legislation that would fund the federal government through Sept. 30 and avoid a shutdown, if President Donald Trump signs it by the end of the day May 5. The House on May 3 passed the compromise bill, which would require CBP to brief Congress on ACE development efforts within 90 days of enactment (see 1705010037). The White House didn’t immediately comment.
CBP issued the following releases on commercial trade and related matters: