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Trade Topics

CBP Appraisement

Last week we looked at CBSA Valuation in Canada. This week let’s switch gears and head south to look at CBP Valuation. Customs valuation, also known in the US as customs appraisement, is an important topic on both sides of the border. While most companies spend considerable time and resources preparing for tax audits, it’s equally important that the same amount of effort be dedicated to customs appraisement. The laws between countries can be quite different in some ways and yet very similar in others.

November 23, 2018

By

John Doe

12 comments

Am I Importing An eBike Or Is It A Motorcycle?

The sun’s out so we’re out. Whether you are getting a workout in while traveling to the office or just hitting the trails for pleasure, you may have seen one of those snazzy electric bikes. They are all the rage, but have you ever wondered… if I buy an eBike online from another country, how do I import it? In this blog, we will walk you through everything you need to know to bring your new bike into the US.

November 23, 2018

By

John Doe

12 comments

The History Of US Tariffs

As any US importer knows, a tariff is a customs duty, an import tax imposed by the US federal government upon many goods imported into the Customs Territory of the US (the 50 states, Washington, DC, and Puerto Rico). Historically, governments have used tariffs as a primary means of collecting revenue. Today, other kinds of taxes – like income and sales taxes – account for most government revenue in developed countries, although tariffs can be significant with respect to certain categories of imported items. Tariffs are now primarily employed by governments to protect domestic industries or as leverage in foreign trade negotiations and disputes. In this blog, we will take a look at the history of US Tariffs and how they play a significant role in trade negotiations and the economy.

November 23, 2018

By

John Doe

12 comments

What Is Cargo Preclearance?

Cargo preclearance is an arrangement between two countries that allows Customs and Immigration officers from the country of destination to be located in the country of origin. These officers then clear or deny the admission of goods prior to entry into the destination country.

November 23, 2018

By

John Doe

12 comments