Archive for the ‘Imports’ Category

EU and India Tighten Import Controls Through Enhanced HS Code and Declaration Mandates

July 30, 2026

In a significant shift for global e-commerce and retail supply chains, the European Commission is advancing plans to eliminate the current €150 threshold under which e-commerce goods imported into the European Union are exempt from customs duties. According to reports from the Financial Times and Reuters, this regulatory adjustment primarily targets high-volume, low-value shipments originating […]

Canada and India Introduce Major Digital Customs Upgrades to Streamline Commercial Imports

Canada, Imports, India, News

July 21, 2026

The Canada Border Services Agency (CBSA) officially launched the CBSA Assessment and Revenue Management (CARM) system, marking a complete transition to this new digital system of record for commercial importers. According to the Government of Canada, the CARM system digitalizes and streamlines the collection of duties and taxes for goods entering the country. The Canadian […]

European Union and United Kingdom Tighten Import Controls with New Compliance Measures

Imports, News, United Kingdom

July 21, 2026

European border authorities are significantly tightening regulatory compliance for incoming goods, introducing stricter verification processes and mandatory security declarations. On July 17, 2026, the European Commission and national customs authorities intensified compliance checks on Carbon Border Adjustment Mechanism (CBAM) transitional registrations. According to reports from Reuters and Bloomberg, importers of carbon-intensive goods—including steel, aluminum, and […]

US Customs Expands Forced Labor Enforcement to Seafood and Aluminum Imports

Imports, News, United States

June 24, 2026

U.S. Customs and Border Protection (CBP) has expanded its enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) to target imports of seafood, aluminum, and polyvinyl chloride (PVC), according to a report by Reuters. This expansion marks a significant broadening of the agency’s enforcement scope, which previously focused primarily on sectors such as cotton, tomatoes, […]

China-Europe Rail Freight Hits Record Highs as Port of Los Angeles Manages Import Surge

China, Imports, News

June 18, 2026

Global supply chains are experiencing significant shifts as shippers seek alternatives to traditional ocean routes and major ports adapt to resilient consumer demand. According to the Financial Times, shippers are increasingly turning to overland rail networks, leading to a record number of China-Europe freight train trips. This surge is driven by ongoing security concerns in […]

Singapore and European Union Tighten Anti-Money Laundering Frameworks to Secure Trade Finance

Imports, Singapore, Trade Finance

June 10, 2026

Global efforts to combat financial crime have reached a pivotal moment as major trade hubs implement sweeping regulatory reforms. In Asia, Singapore has concluded its largest-ever money laundering prosecution, a landmark case involving assets valued at over S$3 billion ($2.2 billion). According to Bloomberg, the high-profile legal proceedings ended with the sentencing of the [...]

US and EU Tighten Chemical Compliance and Safety Standards for Consumer Imports

Imports, News, United States

June 10, 2026

Global trade compliance is undergoing a significant shift as regulatory bodies in the United States and the European Union implement stringent new safety and chemical reporting requirements. These measures are forcing international manufacturers and importers to thoroughly re-evaluate their supply chains to ensure alignment with updated health and environmental standards. In the United States, [...]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.