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

11 Apr 2017
The new center for e-customs clearance in the Russian northwest is located 37 from Russia’s busiest container port.
10 Apr 2017
The Tokyo-based company has lost 8.9 percent of its value.
05 Apr 2017
US Customs and Border Protection is chipping away at unfinished parts of its omnibus Automated Commercial Environment system for electronic document filing.
03 Apr 2017
The project is tied to CBP's still-incomplete Automated Commercial Environment.
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.