Trade Compliance
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U.S. continues sanctions break for Swedish refiner with Venezuelan ties
The Office of Foreign Assets Control on Oct. 17 extended the general license for Nynas AB that is 50% owned by Venezuela’s state-owned oil company,…
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US sanctions could be lifted if Turkey’s ceasefire holds
Turkey has the next five days to maintain the ceasefire against Syrian and Kurdish forces before the U.S. sanctions are removed.
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Legislation supports US sanctions for threats to Hong Kong’s sovereignty
The Hong Kong Human Right Rights and Democracy Act, which unanimously passed the House of Representatives on Oct. 15, puts pressure on Hong Kong to…
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US tariffs take heavy toll on China (with video)
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
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Dutch delight at Brexit bounty
FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.
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US limits sanctions to Turkish defense, energy ministries
The Trump administration takes aim at financial assets of Turkish government agencies and officials linked to military strikes in Syria, but Congress may legislate broader…
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Customs brokers outline burdens of importer verification rule
NCBFAA generally supports Customs and Border Protection’s goal to protect against illicit importers but said the agency’s proposed importer verification rule has “grossly miscalculated the…
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US presses Turkey with threat of economic sanctions
The Graham-Van Hollen sanctions bill would cut off Turkey from U.S. military equipment and parts, as well as target foreign support of the country’s oil…
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Alcohol beverage importers want second round of CBMA
Customs brokers say a permanent extension of the 2017 Craft Beverage Modernization and Tax Reform Act would incentivize Customs and Border Protection to automate the…
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CBP grounds import of fake Air Jordans
Customs and Border Protection officers said the counterfeit footwear, which was recently seized at the L.A./Long Beach seaport complex, was mis-declared as “napkins.”
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