QUESTION: Can someone in the handbag industry or anyone following GSP advise a timeline for the travel goods and handbags added to GSP? Originally they were estimating a July 1, 2016 implementation. Is this still on schedule? Anyone expecting any pushback that delays implementation? ======================== ANSWER: You might want to check with the American Apparel […]
Question: I am trying to find English versions of the text for Free Trade Agreements between Brazil and other South American countries. I want to determine the rules of origin, the countries involved, the duty rate if not free and any possible taxes that might be incurred shipping from Brazil. Would anyone in the membership […]
Question: We are asking our Korean supplier to provide evidence of compliance with the US-Korea FTA. According to CBP’s verification requirements, the Importer is responsible for substantiating the validity of a preference claim. 1- Can the membership advise, has any company been able to obtain such supporting documents from their Korean supplier? Has the membership […]
Question: If the amount of just labor and overhead for the production of a US finished article (made from both US and imported parts) is greater than 35% (build up method), would a good be considered as qualifying for the US Chile FTA? Can labor and overhead be considered in the equation as value of […]
Question: Does anyone in the Membership have experience with usage of the US/Israel FTA? We’re looking for advice relating specifically to that FTA. Anything we need to watch for, any pitfalls or peculiarities unique to that FTA? **************** Answers: Read the instructions carefully, it is clearly a valuation qualification approach. You will need cost accounting […]
Question: We are looking at importing goods from Jordan under the US-Jordan FTA. For that FTA, 35% of the value must originate in Jordan with up to 15% of US input counting toward the 35%. We had some questions as to what would qualify as a “direct cost of processing” in Jordan. I am […]
Question: We are a CPG manufacturer that is asked to certify a large number of complicated products under various FTAs each year, namely NAFTA and CAFTA. Although we begin gathering the necessary product information from our customers in early October, and we begin soliciting certifications from our own vendors that cover various key components around […]
Question: With TPP on the forefront, can anyone give me an good explanation of the differences and similarities between FTAs and Trade Preference Programs? A matrix for comparison would be very helpful. **************** Answers: legislation-wise they are structurally identical ****************** A trade preference program is a unilateral agreement. Preferential treatment is allowed for goods coming […]
Question: Many of the Free Trade Agreements require that the goods move from the origin to destination without entering the commerce of a third country. Has anyone done the following scenario? Did it meet the FTA requirements? A German company buys USA origin steel and has it shipped to Mexico. In Mexico, the steel […]
Question: I have a situation with one of our customers in Korea. We supply titanium bars, 3 meter long, straightened, and centerless ground and polished. The product requires very tight diameter tolerance. We purchase the raw material from Japan in coil form. (HS code: 8109.90.6031.) We draw the raw material down to the required diameter. […]
Question: Can anyone advise where I can find a list of the free trade agreements to which the United Arab Emirates in a member? I am specifically trying to determine if there are any existing FTA in force with India, Pakistan and/or Bangladesh. Any information about non-apparel textile rules of origin would be greatly appreciated. […]
Question: The GSP Reauthorization FAQ on the CBP website states that “GSP reauthorization provides for retroactive benefits to goods imported from a country that is a beneficiary of the GSP program as of July 29, 2015. As such, retroactive benefits exclude countries such as Bangladesh and Russia that lost eligibility during the GSP lapse”. I […]
