President Barack Obama signed into law on June 29th the Trade Preferences Extension Act and the Bipartisan Congressional Trade Priorities and Accountability Act, the most recent version of Trade Promotion Authority. The preference package includes renewals for the Generalized System of Preferences, the African Growth and Opportunity Act, two Haiti tariff Preference Levels, Trade Adjustment
HAPPY INDEPENDENCE DAY! In observance of Independence Day, our office will be closed Friday, July 3rd. We will resume normal work hours on Monday, July 6th.
Wednesday May 13 marked the end of the final one-year limited Liquidated Damage (LD) “three strikes” phase of the six-year evolution of ISF enforcement. In summary, here is a brief overview of the changes effective May 14, 2015: *CBP Ports, who will continue to have flexibility in their processes, may commence issuing Liquidated Damages without
Another vote on Trade Adjustment Assistance legislation is likely now on the table for House leadership by July 30 after the Rules Committee on June 15 approved the timeframe for House leadership to schedule the vote. Republican committee officials tacked the extension onto an unrelated intelligence authorization bill, and Democrats later tried but failed to
The House of Representatives voted 397-32 in favor of H.R. 1295, which included the GSP renewal provisions previously passed by the Senate. However, there were some other changes in the bill, so the differences have to be resolved before anything happens. We’ll provide an update when more information becomes available.