Customs Regulations

In the years since the Sept. 11 terrorist attacks, perhaps no government agency has evolved as much as U.S. Customs and Border Protection. From port initiatives such as the Container Security Initiative to partnering with industry in the Customs-Trade Partnership Against Terrorism, CBP is now front-and-center on virtually every international company's radar screen. Failure to comply with CBT's myriad and seemingly ever-evolving regulations can cost a company millions of dollars in fines. Overseas, customs agencies can be even more of a bureaucratic minefield and corruption is rampant in many emerging markets. In an increasingly global marketplace, how companies cope with myriad customs regulations can spell the difference between success and failure in an international strategy.

Commentary

Consider the implications for a US-based business if legal documents, business communication, and advertising had to be translated into Swedish in Minnesota, Spanish in Arizona, and Dutch in Pennsylvania.

News & Analysis

24 Mar 2017
Japanese authorities have ordered Yusen Logistics Co. to completely suspend its customs clearance operations.
13 Mar 2017
The joint customs consultative committee think tank includes industry representatives most impacted by Brexit.
28 Feb 2017
The Russian Federal Customs Service is trying to make itself more efficient.
22 Feb 2017
“Studies estimate that the TFA will cut the average cost of exporting by some 14 percent."
15 Feb 2017
Strong trade compliance protocols and abilities are critical to success in e-commerce.
14 Feb 2017
Members of the Customs-Trade Partnership Against Terrorism account for over 54 percent, by value, of what is imported into the United States.
02 Feb 2017
A unified customs clearance system along the New Silk Road from China to Europe can address the major pain points on the route, a World Economic Forum director believes.
18 Jan 2017
The dispute – over pay, pensions, and working conditions – began in July 2016.
12 Jan 2017
US Customs and Border Protection has indefinitely postponed the rollout of several more functions of its troubled new electronic filing system.
09 Jan 2017
Drug smugglers are using new techniques to hide contraband among legal cargo at the port of Santos.