Search Results for keywords:"trade agreement compliance"

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Search Results: keywords:"trade agreement compliance"

  • Type:Rule
    Citation:90 FR 6456
    Reading Time:about 4 hours

    The document outlines an interim final rule by the U.S. Customs and Border Protection (CBP), under the Homeland Security and Treasury Departments, to implement regulations for the United States-Mexico-Canada Agreement (USMCA). This rule amends existing regulations to provide guidance on preferential tariff treatment and related customs measures for various goods, including textiles and automotive products. It establishes certification requirements for importers and manufacturers, recordkeeping responsibilities, and procedures for protests and verifications. The rule aims to ensure compliance with the new trade agreement and streamline the process for benefiting from the preferential treatment under the USMCA.

    Simple Explanation

    The government made new rules to help the United States, Mexico, and Canada trade things like clothes and cars with each other more easily and at lower costs. They are making sure that companies keep good records, follow the rules, and get the benefits they deserve.

  • Type:Notice
    Citation:89 FR 101554
    Reading Time:about 4 minutes

    The Department of Commerce, on behalf of the Committee for the Implementation of Textile Agreements (CITA), plans to submit a request to the Office of Management and Budget (OMB) to review an information collection for the United States-Colombia Trade Promotion Agreement. Public comments are invited for an additional 30 days to help minimize the reporting burden. This information collection relates to the commercial availability provision, which allows certain fabrics, yarns, and fibers not produced in Colombia or the United States to be eligible for duty-free treatment. The goal is to ensure wide participation, evaluate availability in a timely manner, and remain consistent with business practices.

    Simple Explanation

    The Department of Commerce is asking people to share their thoughts about a plan that makes it easier for clothes made from special materials not available in the US or Colombia to be sold without extra taxes. They want to make sure it's fair and easy to join in, like making sure everyone gets a turn to play with a new toy.