The new customs requirements will have a significant impact on the administration of many matters, including the following:
- duty free entries
- customs brokers
- trade facilitation and enforcement
- import safety
- the protection of intellectual property rights
- trade remedies
- the Automated Commercial Environment/International Trade Data System (ACE/ITDS).
Here are the principle aspects of the new regulations and the timetable for their introduction:
With effect from 10th March
- The value of goods that may be imported free of duty and tax, also called the de minimis, has increased from $200 to $800.
This increase in the de minimis threshold makes shipping to the US easier and is particularly good for small to medium sized businesses because it saves time and money, reduces paperwork and accelerates the delivery of goods.
Note: The Customs & Border Protection Agency (CBP) and all other U.S. Government agencies that are responsible for regulating specific commodities e.g. the Animal & Public Health Information Service (APHIS), the Food and Drug Administration (FDA) and the Fish & Wildlife Service can require a physical examination of and a formal entry for any U.S. import shipment regardless of its value.
With effect from 25th April
- Chapter 9801 of the Harmonised Tariff Schedule (HTSUS) will be amended to allow for duty-free returns of certain previously exported non-U.S. goods;
- Chapter 9802 of the HTSUS relating to exported and returned goods, or articles that are advanced or improved abroad, will also be modified.
With effect from 23rd August
- The CBP's authority will work with intellectual property owners by providing them with pictures of goods they suspect are fake in order to help determine if International Property Rights are violated.
- The CBP must establish a new importer risk assessment programme that requires bond amounts for new importers to be adjusted based on the level of risk posed to federal revenue;
- The CBP will be required to investigate allegations of anti-dumping and countervailing duty evasion according to specified procedures.
Full details of all the legislation concerned can be found at https://www.congress.gov/bill/114th-congress/house-bill/644