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U.S. Customs and Border Protection Reviewing Liquidated Damages Cases Issued for Late and Non-Payment of Duty

During discussions with U.S. Customs and Border Protection, officials noted that recent liquidated damages cases assessed for late or non-payment of duty may have been issued in error.

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SEC Reconsidering “Conflict Minerals Rule”

In January 31, 2017 public statements, Acting SEC Chairman Michael S. Piwowar addressed both the overall future of the SEC’s “Conflict Minerals Rule” as well as a technical issue under the rule.

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United States Officially Withdraws from the Trans-Pacific Partnership Agreement (“TPP”)

Making good on a campaign pledge, President Trump today signed an Executive Order withdrawing the U.S. from the TPP process, the marquee trade initiative of the prior administration.

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Important Reminder: Permit User Fee

On November 29, CBP posted a Federal Register Notice reminding the brokerage community that the Customs Brokers User Fee Payment for 2017 is due by February 3, 2017.

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