Customs news latest
Here are the latest news and updates on customs and trade:
Global Trade
- The World Trade Organization (WTO) has launched a new initiative to help developing countries improve their trade facilitation and customs procedures. (Source: WTO)
- The United States and China have reached a trade deal, with China agreeing to increase its purchases of US goods and services by $200 billion over the next two years. (Source: CNN)
- The European Union has imposed tariffs on $3.2 billion worth of US goods, including bourbon whiskey and motorcycles, in response to US tariffs on EU steel and aluminum. (Source: Reuters)
Customs and Border Control
- The US Customs and Border Protection (CBP) has launched a new program to allow certain low-risk shipments to be cleared through customs without physical inspections. (Source: CBP)
- The European Union has introduced new rules to improve the security of its borders and customs procedures. (Source: EU)
- The Australian Border Force has launched a new program to target illegal goods and contraband at the country's borders. (Source: Australian Border Force)
Trade Agreements
- The United States and Mexico have reached a new trade agreement, replacing the North American Free Trade Agreement (NAFTA). (Source: US Trade Representative)
- The European Union and Japan have signed a new trade agreement, aimed at reducing tariffs and increasing trade between the two regions. (Source: EU)
- The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has come into effect, with 11 countries signing the agreement. (Source: CPTPP)
Brexit and Trade
- The UK and EU have agreed on a new trade deal, which will see the UK leave the EU's customs union and single market. (Source: BBC)
- The UK has launched a new trade department, aimed at promoting British trade and investment around the world. (Source: UK Government)
- The EU has warned that a no-deal Brexit could lead to significant disruptions to trade and customs procedures. (Source: EU)
Technology and Customs
- The US Customs and Border Protection (CBP) has launched a new pilot program to use artificial intelligence to improve its customs clearance processes. (Source: CBP)
- The European Union has introduced new rules to regulate the use of artificial intelligence in customs and border control. (Source: EU)
- The Australian Border Force has launched a new program to use data analytics to improve its customs and border control procedures. (Source: Australian Border Force)