Search Results for keywords:"cross-border trade"

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Search Results: keywords:"cross-border trade"

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  • 2025-02749 — Recent Trends in U.S. Services Trade: 2025 Annual Report
    Type:Notice
    Citation:90 FR 9914
    Reading Time:about 6 minutes

    The United States International Trade Commission is inviting public contributions to its 2025 report on U.S. services trade. This report will offer data on cross-border trade in services for 2019-2023 and transactions by foreign affiliates for 2018-2022. It will focus on professional services like accounting, advertising, and legal services. The Commission plans to release this report online by May 30, 2025, and all submissions must be filed electronically by February 3, 2025.

    Simple Explanation

    The government wants to know what people think about how different services like accounting and legal help are traded between countries. They're going to share what people say in a big report coming out in May 2025.

  • 2025-03728 — Amendment to Duties To Address the Flow of Illicit Drugs Across Our Northern Border
    Type:Presidential Document
    Citation:90 FR 11369
    Reading Time:about a minute or two

    In Executive Order 14226, the President is updating a previous order regarding duties on items crossing the northern border to help reduce the flow of illegal drugs. This amendment specifically changes how certain goods are treated under a policy that allows duty-free treatment for small shipments, known as de minimis treatment. This exemption will no longer apply once the Secretary of Commerce confirms that the standard processes for collecting tariffs are in place. The order clarifies that it does not alter any legal authority and does not grant any new legal rights to individuals.

    Simple Explanation

    The president made a new rule about packages coming from the north to stop bad drugs from sneaking in. It says that unless some special systems are ready, little packages may no longer skip paying their fees.