CBP Finalizes Regulations Implementing U.S.-Korea FTA

May 29, 2013

U.S. Korea FTA

U.S. Customs and Border Protection has adopted as final, with two technical corrections, a March 2012 interim rule amending its regulations to implement the preferential tariff treatment and other customs-related provisions of the U.S.-Korea Free Trade Agreement, which entered into force March 15 [ Read more ]

GSP Due to Expire July 31, 2013

May 9, 2013

The Generalized System of Preferences (“GSP”) trade preference program is due to expire on July 31, 2013. CBP has no information as to whether or not this preference program will be renewed and if it is renewed, whether there will be a lapse period, or whether there will be a retroact [ Read more ]

ATPA/ATPDEA Due to Expire July 31, 2013

May 9, 2013

The ATPA and ATPDEA (“Andean”) trade preference programs are due to expire on July 31, 2013. CBP has no information as to whether or not these preference programs will be renewed and if they are renewed, whether there will be a lapse period, or whether there will be a retroactive clau [ Read more ]

Hong Kong Port Strike Ends

May 7, 2013

Hong Kong Port Strike

Hong Kong port workers accepted on Monday a 9.8% pay rise—ending their strike and averting further disruption at the world's third-busiest container port.

The strike began on March 28. At its height more than 450 workers for subcontractors of Hongkong International Terminals partici [ Read more ]