If you take this seminar, you will learn how to.

• Understand the new U.S.-Chile, U.S.-Singapore, and U.S.-Australia Free Trade Agreements.
• Determine whether your products qualify for free or reduced tariff rates under one or more of these agreements.
• Review the Harmonized Tariff Schedule for each agreement.
• Understand country of origin marking rules.
• Maintain proper records to be prepared for government audits and avoid compliance penalties.

Be prepared to be compliant and compete in the expanding world of international trade! This new seminar gives you the information you and your company need to take advantage of the three new trade agreements to be implemented in the United States: U.S.-Chile, U.S.-Singapore, and U.S.-Australia.

Our instructors will explain in plain English how the rules and regulations apply to each of the Free Trade Agreements. The instructor will provide numerous examples that illustrate how you can determine if your products qualify for the free or preferential duty rates. You will have references to the General Notes sections of the Harmonized Tariff Schedule of the U.S. for each agreement. 

You will learn what information importers/exporters must be prepared to submit upon request to substantiate claims for treatment as well as the records to retain in your company. You will be better prepared for future government verifications, audits, and avoid penalties.

SEMINAR AGENDA

I. OVERVIEW OF THE THREE TRADE AGREEMENTS

II. DUTY PHASE-OUT PERIOD

• Chile Duty Rates and Phase-Outs
• Singapore Duty Rates and Phase-Outs
• Australia Duty Rates and Phase-Outs

III. RULES OF ORIGIN UNDER THE THREE TRADE AGREEMENTS

• Wholly Originating
• Wholly Originating of Originating Materials
• Tariff Shift and/or Regional Value Content
• Build-Up and Build-Down Method
• Examples of Specific Rules of Origin

IV. OTHER PROVISIONS

• Tariff Preference Levels
• Harmonized Tariff Schedule Chapter 99 Quotas
• Inventory Methods
• De Minimis Provisions

V. PROVISIONS FOR SPECIFIC INDUSTRIES

• Automotive
• Textiles
• Agriculture

VI. DETERMINATION OF A CLAIM FOR PREFERENTIAL DUTY

• Documentation Requirements

VII. ADVANCE RULING PROCEDURES

• Procedures for Chile, Singapore and Australia

VIII. POST IMPORTATION CLAIMS

• Supplemental Information Letters/Post-Entry Amendments
• Reconciliation

IX. COUNTRY OF ORIGIN MARKING RULES

• 19 CFR 134 for U.S. Importations
• Rules for Exports to Chile, Singapore and Australia

X. RECORDKEEPING, AUDITS, PENALTIES, DENIAL OF BENEFITS

• Recordkeeping Requirements
• Verifications
• Determinations
• Prior Disclosure