The Korea-United States Free Trade Agreement (KORUS) allows articles to be imported into the U.S. free of duty and Merchandise Processing Fees.
Recent news in Mexico has once again exposed situations where Mexican politicians have been involved in acts of corruption and mismanagement.
Many manufacturers of nonroad gas or diesel engine propelled equipment provide replacement engines as a service parts offering.
As of February 27, 2015, U.S. Customs and Border Protection (CBP or Customs) officials were touting that the phased implementation of ACE (Automated Commercial Environment) was right on schedule.
Facilitation of trade is one of Customs and Border Protection’s (CBP) mandates, and they are developing methodologies to accomplish this. Evidence to this is the establishment of Centers of Excellence and Expertise.
No matter the size of a company, when negotiating international agreements, the potential problems, pitfalls and disputes, both known and unknown, are substantial.