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Trade Advisories
Timely guidance on tariffs, customs rules, and trade policy changes affecting global supply chains.
Trade Advisories archive
Search and filter Crane trade advisories on tariffs, customs, and compliance changes.
258 advisories
OFAC New General License 44A for Venezuela
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued General License number 44A to authorize the wind down of transactions related to oil and gas sector operations in Venezuela effective April 17, 2024.…
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Client Advisory: Export Restrictions to Nicaragua
The Bureau of Industry and Security (BIS) issued a final rule to subject the country to more restrictive measures under the Export Administration Regulations (EAR), 15 CFR parts 730 and 774. The International Traffic in Arms Regulations…
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Canada Assessment and Revenue Management (CARM)
CBSA's CARM digital initiative is changing how duties and taxes are assessed and collected on commercial goods imported into Canada. Importers and trade chain partners must register, delegate authority, and prepare before the system becomes mandatory.
Read advisory →Carbon Border Adjustment Mechanism (CBAM) - EU Imports
The Carbon Border Adjustment Mechanism (CBAM), which was first adopted by the European Commission on June 13th, 2023, will go into effect in a transitional phase, with the first reporting period set for January 31st, 2024.
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UAE NAIC HS Code Requirements
Effective 29 February 2024, the UAE National Advance Information Center (NAIC), has mandated that the 6-digit Harmonized System (HS) Codes shall be provided as a part of the Advance Cargo Information (ACI) filing for all Air freight…
Read advisory →No re-export to Russia clause updates
Article 12g of Council Regulation 833/2014 released on February 22, 2024, aims to combat the circumvention of EU export bans; more specifically, situations where goods exported to a third-party country are then re-exported to Russia. Some…
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EU Deforestation Regulation (EUDR)
The European Parliament have enacted a new law called the EU Deforestation Regulation (EUDR), (EU) 2023/1115 aimed at fighting climate change and biodiversity preservation. Effective December 30, 2024 , and replacing the existing EU Timber…
Read advisory →U.S. Department of Commerce takes tougher stance against Russia and Belarus in response to the continued war in Ukraine.
On Tuesday, January 23rd, 2024, the U.S. Department of Commerce (DOC), through its’ Bureau of Industry and Security (BIS), expanded the scope of previously issued sanctions under the Export Administration Regulations (EAR) against Russia…
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Ecuador Political Unrest
Due to the political unrest in the South American country of Ecuador, the nation is under the watchful eye of the Government. Crane is in close contact with various Authorities to monitor our operation.
Read advisory →CSMS #45979837 - EPA Compliance Advisory Alert: Imports of Pesticide Products Making Claims to Kill the Coronavirus Causing COVID-19
The purpose of this message is to share a compliance advisory issued in January 2020 by the U.S. Environmental Protection Agency which may have applicability to pesticide products being imported into the United States. Information in the…
Read advisory →Israel-Hamas Concerns Update
As of November 9th, 2023, Crane Worldwide has been closely monitoring the situation, and Crane Worldwide is in close contact with various Authorities and other regulatory agencies to monitor our operation.
Read advisory →OFAC Eases Oil & Gas and Gold Mining Sanctions in Venezuela
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) provides limited relaxation of Venezuela Sanctions through new and amended OFAC General Licenses and Frequently Asked Questions (FAQ) related to Government of…
Read advisory →EU/UK Prohibition on Imports of Russian Iron and Steel processed in a Third Country
The European Union (EU) is similarly introducing a prohibition on the direct or indirect import or purchase, from September 30, 2023, of iron and steel products listed in Annex XVII to Regulation (EC) 833/2014 when processed in a third…
Read advisory →Updates: US Congress averted Government Shutdown - Here is what to know...
U.S. Congress passed a short-term funding bill measure late Saturday September 30th, 2023, averting the Government shutdown. President Biden signed the legislation within hours before the midnight deadline. This stopgap measure will keep…
Read advisory →Importation of iron or steel into the United Kingdom
The United Kingdom has amended sanctions against Russia which will come into effect from October 1st, 2023. In the latest update, the British government have banned the import of iron and steel products that contain Russian origin steel or…
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