Washington, DC--

U.S. Customs and Border Protection (CBP) released a Fact Sheet on FY2023 trade highlights, which includes 1 Billion low value shipments under 19 U.S.C. Section 1321.  CBP states that shipments processed as Entry Type 86 (i.e., de minimis shipments subject to Participating Government Agency data requirements) saved CBP and the trade community $3 Billion in time and costs.  This is the first estimate of efficiencies resulting from low value shipments, many of which represent direct-to-consumer e-commerce sales.

Read the full Fact Sheet here.

ILA Suspends Talks, Warns of “Little Faith” in Reaching Deal On Time (maritime-executive.com)

Auto Gate System in Port of Mobile does not require ILA labor Should ports automate? 

ILA Halts Negotiations with USMX Amid Automation Disputes – ILA Union

The contract expires in less than 4 months 

GDEI Trade Mission to the Caribbean Region - Hotsite

An opportunity for B2B business in Dominican Republic, Barbados, Jamaica, Guyana, Suriname and Bahamas  Read more

Seko Logistics is punching back against U.S. Customs and Border Protection for temporarily suspending certain import privileges, demanding in a court filing that the agency provide reasons for the enforcement move as Seko tries to minimize any reputational harm that could hurt business.

Read full Freightwaves article here.

Arlington, VA-- In an extensive article on U.S. Customs and Border Protection's recent enforcement of low value shipments, "US Customs tightens enforcement on low-value e-commerce trade," Freightwaves cited EMTC's letter to Congress about cost of eliminating de minimis and proposal to CBP for risk profile pilot.

Read the full article here.

fy22_ipr_annual_seizure_statistics_report.pdf (cbp.gov)

As many as 6 companies may have been suspended as CBP cracks down on 321.  Inspections are creating airport congestion. Are you importing low value parcels? 

The Conservative Case for Globalization | Cato Institute

The Founding Fathers put forth that free trade is necessary for the prosperity of the republic.  Thomas Paine wrote in Common Sense that "the principal source of wealth depends upon it".  Ronald Reagan proclaimed that the US trade policy rests on free and open markets. 

The Progressive Case for Globalization | Cato Institute

President Biden supports a Made in America approach.  FDR made the case for U.S. participation in GATT.  JFK supported tariff cuts under the Trade Expansion Act of 1962.