The cornerstone of the global trading platform is the classification of products under the WTO's Harmonized Commodity Description and Coding System, generally known as the Harmonized System ("HS"), implemented in the United States under the Harmonized Tariff System of the U.S. ("HTSUS"). This global system defines among and between all member nations a codified methodology for defining what a product is as it crosses international borders. In most countries, the HS serves for both import and export classifications. By contrast, in the United States, there is an additional, simplified classification system for US Exports called the Schedule B. In the first half of this session, we will discuss these classification systems, what the legal rules are for applying them to your globally trade goods, and how best to meet the legal standard of exercising reasonable care when assigning classifications to your imported and exported merchandise.
Building on classification as a cornerstone, most trade agreements in the modern era provide for eligibility for preferential tariff treatment under one of two competing or conjoined theories, namely regional value content or "tariff shift". In the second half of our session, we'll focus on the tariff shift methodology for conferring preferential origin on goods trade among and between Canada, Mexico and the United States under the North American Free Trade Agreement, "NAFTA", and what documentary evidence is required to prove such eligibility.
Participants will get in-depth knowledge of harmonized tariff schedules and updates on NAFTA rules of origin and documentation from this training.
Topics covered include:
This webinar will provide valuable assistance to all personnel in:
Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment
Recorded video session
Ms.Waltuck Barnett is a highly regarded global trade professional, having created and implemented global and domestic trade compliance programs across many industries for companies large and small. Her experience includes oversight of a $5B, 65-location division of Honeywell, a $3B, 17-location division of Motorola, Global Trade Optimization for Dell, Inc., among others. Ms. Waltuck has worked in the international trade arena in various industries for nearly 20 years. Her professional accomplishments include multi-million dollar global supply chain savings under various legal theories, as well as end-to-end global trade mitigation processes and procedures, identifying “right sized” technology tools, including “compliance on a shoestring” practices. She has served on councils and boards for various organizations, including the American Association of Exporters and Importers (AAEI), the Organization of Women in International Trade (OWIT), is a charter-member of the International Compliance Professionals Association (ICPA), and a frequently sought-after trade and supply chain conference speaker for various well-known conference organizers, including the International Compliance Professionals Associations (ICPA), the American Conference Institute (ACI), Marcus-Evans, and Richardson Conference Events. A licensed customs broker, Randi holds degrees in International Business, an MBA in Finance, began her pursuit of a J.D. in International Trade Law; she is Lean Six Sigma Green Belt certified and a Motorola Certified Instructor, available to meet any of your trade compliance, operations or global trade strategy needs.