On February 5, 2018, U.S. Customs and Border Protection (CBP) published new interim guidelines for filing TFTEA drawback claims.

An increase in the use of Free Trade Zones around the world is playing a role in the rise of countries using Foreign-Trade Zones (FTZ). The continued growth of the global economy is also responsible for expanding FTZ use.

In 2017, the greatest challenges to FTZs will be compliance related, exacerbated by the expected increase of activity within these zones. Within the past three years, a record-high $99.2 billion in merchandise was exported from United States FTZs, according to data from the Foreign-Trade Zones Board. The figure also represents a threefold growth of FTZ exports from 2009 to 2014.

How much do today’s importers really perceive about Country of Origin (COO)? In an ever-changing global economy, manufacturers are sourcing materials and components from around the world. Importers may be certain they have COO clarified and down to an exact science, however, it may be more difficult now than ever to determine COO to satisfy the U.S. Customs and Border Protection’s explicit rules.