U.S. Congress has passed the Trade Facilitation and Trade Enforcement Act of 2015. This act requires U.S. Customs to focus on a two-fold mission; to facilitate legitimate trade while improving the enforcement of import-related rules and regulations. With the addition of the ACE system, Customs and other Federal government agencies are now better able to monitor and regulate imports.
In ACE, Customs and the other Federal government agencies will have greater visibility for each import shipment, and will be able to more effectively enforce trade laws. The key areas of enforcement include trade remedy laws (ADD/CVD), IPR protection and health and safety issues.
Importers should take steps now to be prepared for the changes this legislation brings. Companies that choose not to act now may end up seeing more delays, exams and additional costs. Companies who exercise due diligence can gain a competitive advantage over those who choose not to do so.
If your company is not C-TPAT certified now is the time to strongly consider this supply chain security program. Importers that are C-TPAT certified receive benefits from Customs including fewer exams and shipment delays. We can guide you through the C-TPAT application process – please contact us for assistance.
More information regarding this legislation can be found here TFTEA.
Contact us for more information and guidance regarding these changes.
- Posted by tradelogic
- On February 25, 2016
- 0 Comments