The World Customs Organization (WCO) makes significant updates to the Harmonized Schedule every five years. They have published a new series of amendments that will go into effect on January 1, 2022, and the changes will have a global impact. Each country that uses the Harmonized Schedule as the basis for its commodity identification system has to incorporate WCO amendments and adapt them into their respective systems. In the U.S., the U.S. International Trade Commission (USITC) has already published its proposed amendments to the Harmonized Tariff Schedule (HTS), and we are excited to help you understand how this will impact your business. As part of the webinar, you will be provided with an Excel spreadsheet with a conversion chart of current HTS numbers and their potential equivalents.
Join Expeditors as we:
- Break down the proposed HTS changes
- Illustrate potential impact by industry
- Review tangible action items you can start doing now to prepare for the change