News
The U.S. Senate passed last week the conference version of the Trade Facilitation and Trade Enforcement Act (HR-644), which, among others, would authorize and fund Customs and Border Protection (CBP), an agency within the Department of Homeland Security.
This bill directs the CBP to ensure that its partnership programs, such as the Customs-Trade Partnership Against Terrorism (C-TPAT), provide trade benefits to importers, exporters, and certain other private sector entities that meet program requirements.
Under the bill, the general de minimis aggregate fair retail value in the country of shipment of duty-free articles imported by one person on one day increases from $200 to $800.
The bill would expand requirements on imports to ensure health, safety, and the protection of intellectual property rights. It includes provisions to initiate an antidumping duty or countervailing duty investigation with respect to merchandise imported into the U.S.
