International Trade Today is a service of Warren Communications News.
Subscriber Login

Customs duty

A customs duty is a tariff or tax which a country imposes on goods when they are transported across international borders. Customs Duties are used to protect countries' economies, residents, jobs, and environments, by limiting the flow of imported merchandise, especially restricted and prohibited goods, into the country. The Customs duty rate is a percentage determined by the value of the article purchased in the foreign country and not based on quality, size, or weight. U.S. customs duties are listed in the Harmonized Tariff Schedule of the United States.

to
articlessource documents
Refine Topic Search
Clear Terms

Search Primer

Multi-word term: Place inside quotes to ensure an exact match together (e.g. "forced labor").

Term list: Separate terms with spaces, not commas or semicolons to find either word (e.g. AD/CVD CBP).

Acronyms: Use all capital letters (e.g., ACE).

Required term: If a term must be included in any resulting articles, prefix it with a plus sign (e.g., tariffs +Canada).

Excluded term: If a term should be excluded from any articles being found, prefix it with a minus sign (e.g., FDA -alert).

Simplest form: Use the simplest form of a term (e.g. "metal" instead of "metals" or "entity list" instead of "entity listing" or "entity listed").

CBP Issues Harmonized System Update
August 14, 2024 |Customs

CBP created Harmonized System Update 2412 on Aug. 13, containing 1,000 Harmonized Tariff Schedule records and 4,158 Automated Broker Interface (ABI) records. The update includes several updates to PGA HTS flag indicator for AMS (AM7) and adjustments required by the verification of the 2024 HTS. Any questions or concerns on the PGA HTS Flagging may be sent to itdssupport@cbp.dhs.gov, and questions about the update itself should be directed to the HTS admin at HTSAdmin@cbp.dhs.gov.

Canadian Board's Decision Paves Way Toward Possible Rail Strike on Aug. 22
August 12, 2024 by Joanna Marsh|Top News

The Canada Industrial Relations Board determined on Aug. 9 that stopping freight rail service in Canada would not result in an immediate and serious danger to the safety or health of the public. This means that members of the Teamsters Canada Rail Conference (TCRC) could go on strike as early as Aug. 22 should union members and the two Canadian freight railways, Canadian Pacific Kansas City (CPKC) and Canadian National (CN) fail to negotiate a new labor contract.