Coronavirus: Components Troubles Have Just Begun
Automakers including Honda, Toyota and Hyundai have announced plant shutdowns in response to supply chain issues with the coronavirus, but one thing’s for sure: the auto industry hasn’t seen the worst yet. One factor is the unknown—how far and fast the virus will spread, and who will be quarantined. Another factor is the lag time […]
Overview Taxation and Customs e-learnings
The European Commission’s electronic learning materials are produced in collaboration with customs and taxation administrations and representatives of trade. Most material is available for download freely, however, some courses contain sensitive information and their use might be limited to specific target audiences. Customs Explained Short introduction fiches on essential customs concepts Customs Procedures and Customs […]
US targets Airbus as it raises import tariffs on EU aircraft
President Donald Trump’s administration has announced it will raise the import tariff on EU aircraft from 10 to 15% in March. It’s mainly targeted at giant European plane manufacturer Airbus. The 10% tariff was introduced back in October after the World Trade Organisation (WTO) ruled the US could legally impose tariffs worth €6.9 billion. That […]
Europe simplifies customs with the European Maritime Single Window
Exciting news for European logistics. Last 7 January, the European Parliament and the European Council reached an agreement on the new Regulation establishing a European Maritime Single Window. This agreement is known by the initials EMSWe, which stand for “European Maritime Single Window environment”. The single window is defined as a system that allows parties […]
The new EU Customs Regulation published
The European Parliament has approved a new Regulation to give Customs authorities extended powers to detain counterfeit or pirated goods at the borders of the European Union. Regulation 608/2013, which repeals the current Regulation 1383/2003, concerns customs enforcement of intellectual property rights (IPR) and applies from 1 January 2014. The new Customs Regulation could, in certain specific circumstances, […]
Johnson to impose full customs checks on goods from EU – report
Boris Johnson intends to impose full customs checks on all goods coming into the UK from the EU in a break with previous government policy, according to reports. “We are planning full checks on all EU imports – export declarations, security declarations, animal health checks and all supermarket goods to pass through border inspection posts,” […]