Matt Schmitt

Recent Posts

CBP Issues Requirements for Importing Regulated Composite Wood Products

On December 11, 2018, U.S. Customs and Border Protection (CBP) issued the requirements for importing regulated composite wood products in Cargo Systems

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Manifest Required for Section 321 Truck Shipments in January

On January 1, 2019, U.S. Customs and Border Protection (CBP) will require all commercial truck shipments containing Section 321 merchandise to file an

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WCO Signs Memorandum of Understanding with IMF

On December 1, 2018, the World Customs Organization (WCO) signed a Memorandum of Understanding (MoU) with the International Monetary Fund (IMF).

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WTO Report Shows Rise in Trade Restrictions

On December 11, 2018, the World Trade Organization (WTO) published the Director-General’s annual report on trade-related developments. The report shows

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Treasury/OFAC Updates Virtual Currency FAQs

On November 28, 2018, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published two new Frequently Asked Questions (FAQs)

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Canada Announces Implementation of the CPTPP

On December 5, 2018, the Canada Border Services Agency (CBSA) published Customs Notice 18-22, announcing the implementation date of the Comprehensive

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CBP Publishes Periodic Monthly Statement Dates for 2019

On December 6, 2018, U.S. Customs and Border Protection (CBP) published in Cargo Systems Messaging Service (CSMS) #18-000715, the Periodic Monthly

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WTO Publishes Analysis of Blockchain on International Trade

On November 27, 2018, the World Trade Organization (WTO) published an analysis on the potential impact of Blockchain technology on international trade.

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WCO Dedicates 2019 to Transforming Frontiers into SMART Borders

On November 8, 2018, the World Customs Organization (WCO) announced they would devote 2019 to swift and smooth cross-border movement with the slogan,

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ITA Releases New Market Diversification Tool for Exporters

On November 15, 2018, U.S. Secretary of Commerce, Wilbur Ross, announced the release of the International Trade Administration’s (ITA) new Market

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President Announces US will not Raise Tariffs on $200 Billion in Chinese Goods

On December 1, 2018, U.S. President Donald Trump and China’s President Xi agreed to maintain the tariffs on $200 billion worth of products from China at

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US Signs United States-Mexico-Canada Agreement

On November 30, 2018, the United States, Canada, and Mexico signed the U.S.-Mexico-Canada Agreement (USMCA) in Argentina.

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EU and UK Reach Draft Brexit Withdrawal Agreement

On November 25, 2018, the Government of United Kingdom and the Heads of the remaining European Union Member States reached agreement on the terms of a

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CBP Publishes Reminder on Resources for TFTEA Drawback

On November 27, 2018, U.S. Customs and Border Protection (CBP) published a reminder about the resources available for the Trade Facilitation and Trade

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COAC to Hold Quarterly Meeting in December

On November 16, 2018, U.S. Customs and Border Protection (CBP) announced in a Federal Register Notice that the Commercial Customs Advisory Committee

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