Rule 10 Sep 2025 treasury, financial regulation, foreign assets control, international trade, bonds, venezuela, sanctions

💼General License 5S Released

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 5S, which was previously made available on OFAC's website.

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Rule 8 Sep 2025 customs, bonds, common carriers, surety bonds, compliance, reporting and recordkeeping requirements, administrative practice and procedure, penalties, usmca, textile industry, automotive goods, freight, imports, exports, trade agreements, laboratories

⚖️USMCA Correcting Amendments

On January 17, 2025, U.S. Customs and Border Protection (CBP) published an interim final rule in the Federal Register amending the CBP regulations to add implementing regulations for the preferential tariff treatment and related customs provisions of the Agreement Between the United States of America, the United Mexican States, and Canada (USMCA) related to general definitions, drawback and duty- deferral programs, textile and apparel goods, and automotive goods, among others. Errant amendatory instructions resulted in the inadvertent omission of two conforming amendments and the removal of two paragraphs that were unrelated to the USMCA amendments. This action corrects those errors.

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Notice 3 Sep 2025 compliance, regulation, immigration, bonds, u.s. customs enforcement

📑Notice on Immigration Bond Information Collection by ICE

In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department of Homeland Security (DHS), U.S. Immigration and Customs Enforcement (ICE) will submit the following Information Collection Request (ICR) to the Office of Management and Budget (OMB) for review and clearance.

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Compliance, Trade Regulations 21 Jan 2025 imports, administrative practice and procedure, reporting and recordkeeping requirements, business compliance, trade regulations, tariffs, freight, exports, trade agreements, bonds, low-value shipments, customs

📦New Rules on Low-Value Shipments Affecting Trade Compliance

This document proposes amendments to the U.S. Customs and Border Protection (CBP) regulations pertaining to the administrative exemption for certain low-value shipments not exceeding $800. Specifically, CBP proposes to make merchandise that is subject to specified trade or national security actions ineligible for this administrative exemption and to require that certain shipments claiming this exemption provide the 10-digit Harmonized Tariff Schedule of the United States (HTSUS) classification of the merchandise.

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Compliance Requirements, Trade Agreements 17 Jan 2025 compliance, motor carriers, imports, administrative practice and procedure, accounting, reporting and recordkeeping requirements, penalties, claims, freight, harbors, vessels, exports, mexico, trade agreements, laboratories, automotive, recordkeeping, surety bonds, canada, warehouses, bonds, common carriers, international boundaries, railroads, customs regulations, taxes, usmca, textile

📜Compliance and Trade Implications for USMCA Textile and Automotive Industries

This interim final rule amends the U.S. Customs and Border Protection (CBP) regulations to add implementing regulations for the preferential tariff treatment and related customs provisions of the Agreement Between the United States of America, the United Mexican States, and Canada (USMCA) with respect to general definitions, drawback and duty-deferral programs, textile and apparel goods, and automotive goods. This document also amends the regulations to implement the temporary admission of goods, to delineate recordkeeping and protest requirements, to clarify the fee provisions, and to make conforming amendments, including technical corrections to other laws as required by statute.

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Compliance, Regulatory Changes 14 Jan 2025 compliance, imports, administrative practice and procedure, reporting and recordkeeping requirements, postal service, freight, harbors, vessels, exports, e-commerce, trade agreements, import, organization and functions (government agencies), bonds, seals and insignia, customs regulations, lotteries, low-value shipments, duty-free entry

📦New Regulations for Low-Value Shipments

This document proposes amendments to the U.S. Customs and Border Protection (CBP) regulations pertaining to the entry of certain low-value shipments not exceeding $800 that are eligible for an administrative exemption from duty and tax. Specifically, CBP proposes to create a new process for entering low-value shipments, allowing CBP to target high-risk shipments more effectively, including those containing synthetic opioids such as illicit fentanyl. This document also proposes to revise the current process for entering low-value shipments to require additional data elements that would assist CBP in verifying eligibility for duty- and tax-free entry of low-value shipments and bona-fide gifts.

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Regulatory Update 10 Jan 2025 compliance, regulations, treasury, bonds, internal revenue service