News | 0.5 minute read
The European Commission has announced a new investigation into the revision of its safeguard measures on steel. This inquiry was requested by thirteen EU Member States. The measures in question involve tariff-rate quotas, which allow goods to be imported with reduced or no duties up to a specified limit. These quotas are divided into 26 categories based on historical trade flows. Once the quota is exceeded, imports are subject to a 25% tariff.
Article | 2.5 minute read
News | 2 minute read
News | 1 minute read
In both business and policy, setting clear and achievable goals is essential for progress. One of the European Union's most ambitious objectives is embedded in the REACH regulation, which aims to protect human health and the environment from the harmful effects of chemical substances. What exactly is the REACH regulation, and how does it intend to fulfil its mission?
Article | 3.5 minute read
Last week, Donald Trump, the self-proclaimed 'tariff man', won the U.S. presidential election by a landslide. His administration is likely to impose substantial import tariffs on all European goods entering the United States, making it crucial for businesses to prepare.
News | 3 minute read
On 5 July 2024 the Directive on corporate sustainability due diligence (CSDDD) entered into force, requiring companies to take action to address adverse human rights and environmental impacts of their operations both within and outside the EU. This directive aims to promote sustainable and responsible business practices throughout global value chains.
News | 2.5 minute read
From 1 July 2024, two new provisions have come into force in the General Customs Act (Adw): sections 9:1a and 9:1b Adw. In addition, the Customs Administrative Fines Decree (BBBD) has been amended to support these changes. In this article, we explain the main changes and their impact.
The EU Carbon Border Adjustment Mechanism (CBAM) enters a critical phase in Q3 2024, with significant changes to reporting requirements. Importers must transition from using default values to reporting actual embedded emissions for goods released into free circulation from July 1, 2024. This update provides crucial information about these changes and how to prepare for the October 31, 2024 reporting deadline.
Article | 2 minute read
The European Commission proposes a major reform of the Union Customs Code, introducing a new 'Trust and Check' trader status. This overhaul, planned for 2028-2037, aims to modernise EU customs procedures, promising improved efficiency and security. However, it raises concerns about data privacy and its impact on SMEs and customs representatives.
Press | 2 minute read
Suffolk Chamber of Commerce and Gaston Schul have partnered to deliver Suffolk Chamber Custom Health Check, offering local businesses including those new to trading internationally, access to world-class customs expertise. This collaboration provides specialised consultancy, trade regulation guidance, and tailored import/export solutions, empowering Suffolk's business community in the global marketplace.
Article | 3 minute read
Dutch parliamentary work extends far beyond the iconic blue-chaired plenary hall. In smaller, less visible committee rooms, MPs tackle numerous critical issues that shape the nation's future, including last week's debate on Customs. In this article, we examine the key points discussed and their potential impact on the Netherlands' role in global trade.
Gaston Schul launches operations in Strömstad, Sweden, broadening its Nordic presence. This strategic expansion offers seamless customs solutions on both sides of the Norwegian-Swedish border, reinforcing the company's position as Europe's leading provider of comprehensive customs and trade services.
