Consumer Electronics Daily was a Warren News publication.

CBP Releases Q2 Trade Newsletter, Next COAC in Savannah, Etc.

U.S. Customs and Border Protection released its Trade Newsletter for the 2012 second quarter. The newsletter provides and update on Re-engineering Dumping efforts, CBP's Text/Apparel Policy division meetings around the U.S. and expectations for information on the final tuna quota limit. The newsletter also said the COAC will meet in Savannah, Georgia in May.

Final Tuna Quota Limit Expected in April

The publication said the tariff rate quota (TRQ) for tuna exceeded preliminary restraint limit at the January 3, 2012, opening. All entries presented at the over-quota rate since have been charged and may be released. Entries should continue to be submitted at the over-quota rate. The final quota limit is expected to be released this month in the Federal Register upon receipt of the quota limit from the National Marine Fisheries Service.

On the Road with the Textiles/Apparel (T/APP) Policy and Programs

Upcoming Events

Re-Engineering Dumping (RED) Team Accomplishments

U.S-Korea Free Trade Agreement

On March 15, 2012, the U.S.-Korea Free Trade Agreement (UKFTA) entered into force. The UKFTA was originally signed in 2007, and was ratified by Congress in October 2011. The agreement is meant to enhance the competitiveness of U.S. businesses in Korea, the world’s 12th largest economy, and to increase opportunities for U.S. businesses and workers through improved access for their products and services in foreign markets. CBP plays an integral role in the implementation and enforcement of trade agreements, such as the UKFTA, which provide duty-free or reduced duty access to the U.S. market for qualifying merchandise.