U.S. Customs Seeks Industry Input on Regulatory Reforms
Companies impacted by the operational burden of customs procedures and compliance now have the opportunity to identify areas for regulatory reform. For a limited time, U.S. Customs and Border Protection (“CBP”) is actively seeking feedback on improvements to existing regulations and paperwork requirements. 82 Fed. Reg. 42751 (September 12, 2017).
This is a tremendous opportunity effect change while furthering CBP’s interest in cost effective solutions, facilitating legitimate international trade, and enhancing homeland security. CBP aims to identify real-world examples of how existing requirements and regulatory obligations may be updated, streamlined, revised, or repealed in order to better achieve its objectives while minimizing burdens and remaining consistent with applicable law. The agency’s impetus for this exercise is rooted in two Executive Orders signed by President Trump earlier this year that seek to reduce the cost and burden of regulations.
