Industry Insights

Tomato Trade Law Update: Bonds Allowed for ADD In Lieu of Cash

On May 7, 2019, the U.S. Department of Commerce (DOC) posted a press release  stating the following:   “During the negotiations, Commerce will continue with the investigation and instruct Customs and Border Protection (CBP) to collect cash deposits or bonds based on the preliminary determination by Commerce, which was issued in 1996. Any deposits collected […]

Industry Insights

Increased Duties & Bonds: A Plan of Attack for Customs Brokers

  On May 9, 2019, in the Federal Register, the U.S. Trade Representative (USTR) published a notice advising the duty amount on products subject to Section 301 tariffs contained on list 3 will increase to 25% on May 10, 2019.  The move to increase the tariff amount from 10% to 25% is a result of […]

Industry Insights

Get the Right Errors and Omissions Coverage for your Business!

\ After careful consideration, you’ve made the decision to obtain Errors and Omissions (E&O) coverage to protect your company’s financial assets. So what exactly are you getting? An E&O policy is a type of professional liability coverage intended to defend your business from suits of negligence, regular business operations errors, and failure to perform business […]

Industry Insights, Insights

Fresh Tomatoes from Mexico

Will we soon see the resumption of a 23-year old investigation? The U.S. Commerce Department’s International Trade Administration recently informed representatives of Mexico’s tomato growers the current suspension agreement would soon terminate. U.S. government officials and representative of both US and Mexico’s growers are negotiating new terms and price floors. Unfortunately, it does not appear […]

Industry Insights, Trade

Announcing the 2019 NCBFAA Scholarship Award Winner

Roanoke Trade is thrilled to announce the winner of this year’s National Customs Brokers & Forwarders Association of America scholarship award.   Ms. Irmak Sensoz is the proud recipient of a $5,000 scholarship for her essay titled “Impacts of the US-China Trade War.” Ms. Sensoz’s outstanding work met or exceeded all of the requirements to […]

Industry Insights

CBP Form 5106 – Create/Update Importer Identity Form

  Absent any implementation delay, starting on March 17, CBP will begin using its new version of the CBP Form 5106. The new version differs quite significantly from the current version, and many of the changes, while optional, involve collecting more details about the entity. For those that file the form by mail/email with CBP, […]

Industry Insights, Surety Bonds

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