REMINDER: CBP Electronic Refunds Will be Effective on February 6 Customs and Border Protection’s (CBP) program eliminating refund checks and implementing electronic refunds through the ACE portal will start next Friday, February 6. All duties and fees refunds will only be issued through an ACE Portal account. CBP encourages all importers to have their own ACE Portal account. Importers with …
CARMICHAEL COMPASS: ISSUE 26-003 – January 22, 2026
Section 232 Duties Imposed on Imports of Certain Semiconductors A presidential proclamation issued January 14, has imposed 25% tariffs upon imports of certain semiconductors and their derivative products beginning January 15. A fact sheet was also released. In the proclamation, a 25% duty is implemented on imports of semiconductors classifiable under HTS headings 8471.50, 8471.80, 8473.30 that meet the following technical parameters: A total …
CARMICHAEL COMPASS: ISSUE 26-002 – January 9, 2026
Electronic Only Refunds Start February 6 An interim final rule published in the Federal Register on January 2 has provided guidance on CBP’s transition from offering refunds by check to electronic refunds. The interim final rule will take effect on February 6, 2026 and any comments regarding this interim final ruling are due by March 3, 2026. This rule applies …
CARMICHAEL COMPASS: ISSUE 26-0016 – January 07, 2026
Dear Valued Clients, It is with both deep gratitude and heartfelt emotion that we share an important milestone in the history of our organization. After an extraordinary 48 years of dedicated service, Daney Chantim is retiring. From the very beginning, Daney worked side by side with our founder, Enrico Salvo, helping to build not just a company, but a family …