Kendrick Trade Weekly Highlights
July 21, 2024
How the Global IT Outage Impacts Trade Compliance
The global IT outage on July 19, 2024, significantly affected supply chains by disrupting airline operations and delaying air freight deliveries. Many automated compliance systems were impacted, leading to challenges in producing import/export documentation on time, thereby increasing the risk of non-compliance. Businesses face the need to implement redundant systems, update contingency plans, improve partner communication, and invest in cybersecurity to mitigate future disruptions.
Key Amendments to CBP Regulations on Copyright Violations
The U.S. Customs and Border Protection (CBP) recently updated its regulations regarding the importation of merchandise that violates copyright laws, including the Digital Millennium Copyright Act (DMCA). The amendments aim to strengthen enforcement mechanisms, enhance collaboration with rights holders, provide clearer guidelines for importers, and implement stricter penalties for violations. These changes are designed to reduce the entry of counterfeit goods into the U.S. market and ensure better protection of intellectual property rights.
Kendrick Trade specializes in USMCA qualifications, helping businesses navigate the complexities of trade compliance under this agreement. By ensuring your operations meet the necessary criteria, Kendrick Trade can help you unlock the full potential of the free trade agreement. Visit Kendrick Trade to learn more about our services and how we can support your business in making the most of USMCA benefits.
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Disclaimer: Kendrick Trade does not provide legal advice or opinions on compliance with laws or regulations. Always consult official sources for trade-related decisions.
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