Trade Advisory Notices

Following the recent concerns between Israel and Hamas, Crane Worldwide would like to express our deepest sympathies and solidarity to the people and their families that are affected by this escalation of the conflict.

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 Venezuela on October 18th, 2023.

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 the federal government funded and operating through November 15th, 2023. The legislation punts a potential shutdown until November 17, which includes natural disaster funding.

Mexico’s Ministry of Economy has announced a series of temporary tariff modifications that will impact 392 product categories. These tariff adjustments range from 5% to 25% ad valorem to products originating from countries that are not party to Mexico's free trade or tariff preferential agreements.

The UK have amended sanctions against Russia which will come into effect from October 1. In the latest update, the British government have banned the import of iron and steel products that contain Russian origin steel or iron. 

Brown Marmorated Stink Bug (BMSB) season commences in September. Shippers should be aware of necessary precautionary measures and treatments.

Pursuant to the General Notice (88 FR 48900) published July 28, 2023, adjustments to certain customs user fees and corresponding limitations will take effect on October 1, 2023. These adjustments are being made in accordance with the Fixing America’s Surface Transportation Act of 2015 (FAST Act), Public Law 114-94.

On June 22, 2023, Customs and Border Protection (CBP) published its final rule requiring continuing education for individual customs broker license holders and the framework for administering this requirement.

The ACE CATAIR Entry Summary Create/Update V84 has been updated to include the new Importer’s Additional Declaration Type Code 07 (Aluminum Smelt and Cast Country Detail) required for articles of aluminum subject to the Section 232 aluminum and aluminum derivatives remedies.