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US Customs: The New 10 + 2 Rules

Bergami, Roberto (2009) US Customs: The New 10 + 2 Rules. International Review of Business Research papers, 5 (2). pp. 273-282. ISSN 1832-9543

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The paper discusses the introduction of new US Customs regulations that are likely to impose additional financial burdens on exporters and importers wanting to trade with the USA. The new data element requirements from the US Customs will place pressure on supply lines, interfere with just-in-time management systems, add costs to the international transport of goods and make it more difficult altogether for some type of businesses, such as trading houses, to maintain confidentiality and protect their businesses interests. It appears that insufficient consultation has taken place with key stakeholders and the paper concludes that traders will need to review their sales agreements and other contracts to ensure that everyone involved in trading with the USA remains compliant with the new regulations.

Item Type: Article
Uncontrolled Keywords: ResPubID17505. 10 + 2 rule, US Customs regulations, international trade, cargo security, USA, United States, American
Subjects: Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1402 Applied Economics
SEO Classification > 9103 International Trade
Depositing User: VUIR
Date Deposited: 21 Sep 2011 02:07
Last Modified: 21 Sep 2011 02:07
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