Trade, the lifeblood of the global economy, is rapidly evolving. Volume is set to double over the next decade, traditional trade routes are shifting, and with the onset of digital trade - the very concepts of borders and goods are changing.
Trade Info You Can Trust
International Trade Compliance
Classification of dangerous goods
November 15, 2014
Verifying that dangerous goods being transported are properly tested and classified
Under the Transportation of Dangerous Goods Act, shippers are responsible for classifying dangerous goods, completing documentation, selecting the proper means of containment and displaying dangerous goods safety marks on the container.
Compliance officers beware: court decision expands scope of customs penalty provisions for individuals who ‘introduce’ goods into US commerce
October 19, 2014
In a case that could have a profound impact on the trade community, compliance officers, business owners, and others can now be held personally liable under the customs penalty statute for fraudulently or negligently providing information on imports.
CN14-024, Publishing of Rulings Issued by the Canada Border Services Agency
October 14, 2014
CBSA has recently published Customs Notice 14-024: Publishing of Rulings Issued by the Canada Border Services Agency. The text of the notice follows.
WTO Tariff Analysis Online
October 11, 2014
The World Trade Organization (WTO) offers a tool, Tariff Analysis Online, that allows to research and analyse tariff data maintained in two WTO databases: the Integrated Database (IDB), which contains general information on applied tariffs and imports, and Consolidated Tariff Schedules (CTS) which includes WTO members’ binding commitments on maximum tariffs.