Ascent Global Logistics Blog

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Importer Update: Generalized System of Preferences (GSP)

Posted by Ascent Global Logistics on Feb 28, 2018 11:30:16 AM

What is the Generalized System of Preferences (GSP) trade program? What is the current status of the program? What countries are involved? What are some examples of GSP eligible products? Read below for answers to these common importer questions and more. 

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Topics: Regulatory Compliance, Importing, International Freight Forwarding, Customs Duties

7 Antidumping and Countervailing Facts Importers Should Know

Posted by Ascent Global Logistics on Nov 3, 2017 2:03:28 PM

When importing products into the United States, some commodities are subject to Non-Tariff Barriers, which include quotas, licenses, subsidies and additional duties. These barriers are designed to discourage demand of an imported product, protecting domestic producers from foreign competition.

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Topics: Regulatory Compliance, Importing, International Freight Forwarding, Customs Duties

Importing 101: Customs Bonds

Posted by Ascent Global Logistics on Mar 27, 2017 1:59:30 PM

Is your company importing goods into the United States or considering importing in the future? To import successfully, the importer must have a customs bond on file with U.S. Customs and Border Protection (CBP). Customs bond compliance can be simple, but there is important information every importer should be familiar with. 

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Topics: Regulatory Compliance, Customs Bonds, Importing, International Freight Forwarding, Customs Duties

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