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Senate Proposed Terrorism Art and Antiquity Revenue Protection Act of 2016

The Terrorism Art and Antiquity Revenue Prevention Act of 2016 (TAAR Act) was recently introduced into Congress. The proposed legislation is intended to prevent ISIS stolen antiquities from being trafficked into the United States. However, as written, the new law would have broad impact on the criminal enforcement of all cultural property regardless of origin. 

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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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Prepare for the April 2017 Customs House Broker License Exam Online or Live at JFK!

New York/New Jersey Foreign Freight Forwarders and Brokers Assn., PO Box 8217, Red Bank, NJ 07701, and Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt LLP, one of the nation’s leading law firms specializing in Customs law, is offering courses in preparation for the April 2017 Custom House Broker License Exam.

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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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Arthur W. Bodek Quoted in Bloomberg Article on the Tariff Classification of Halloween Costumes

Just in time for Halloween, Arthur W. Bodek was quoted in a recent article in Bloomberg BusinessWeek on Rubies (the world’s biggest costume maker) and the challenges of obtaining duty-free treatment for imported costumes under the flimsiness standard used by Customs. 

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