The Deringer Difference

    Impacts of TFTEA & USMCA on Duty Free Entry of Goods Returning to the U.S.

    Posted by Mike Lahar on Sep 15, 2020 9:29:07 AM

    In the past, goods originating in the United States which were exported and then returned have been allowed to enter the U.S. without payment of duties under certain circumstances. Under the Trade Facilitation and Enforcement Act of 2015 (TFTEA) and the new US-Mexico-Canada Agreement (USMCA), there have been changes to the regulatory and documentary requirements to take advantage of these benefits. The burden of proof remains on the importer, and as such, the proof is in the proverbial pudding.

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    Topics: compliance, trade compliance, USMCA

    “What’s My Compliance Score?” Why We Are Asking The Wrong Question

    Posted by Tammy Flanders Hetrick on Feb 10, 2020 1:20:06 PM

    When I’m preparing to deliver a Risk Assessment Report, the first question clients often ask is, “What’s our compliance score?” While the intention is good, we are asking the wrong question. Numbers may not lie, but they don’t tell the whole truth, particularly in compliance – and in the gap is where good companies get into trouble.

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    Topics: compliance, trade compliance

    Understanding Incoterms and How to Alleviate Shipping Risks

    Posted by Teresa Chapman on Sep 18, 2019 8:16:27 PM

    Have you been shipping products blindly? Shipping without knowing how Incoterms affect your freight creates a risk that could cost you anywhere from a few thousand dollars to completely bankrupting your business.

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    Topics: Customs Consulting, Freight Forwarding & Cargo Transportation, Freight Agents, compliance, Incoterms

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