Trade Facilitation and Enforcement: Insights from Brenda Smith, Executive Assistant Commissioner, Office of Trade, U.S. Customs and Border Protection

 

Trade Facilitation and Enforcement: Insights from Brenda Smith, Executive Assistant Commissioner, Office of Trade, U.S. Customs and Border Protection

Tuesday, November 14th, 2017 - 15:20
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The mission of U.S. Customs and Border Protection (CBP) is highly complex. It enforces nearly 500 U.S. trade laws and regulations on behalf of 47 federal agencies. It also facilitates compliant trade, collects revenue, and protects the U.S. economy and consumers from harmful imports and unfair trade practices.

CBP efforts help enable 30.4 million commercial transactions annually, which represent approximately $2.4 trillion in imports and generate more than $40 billion in duties, fees, and taxes.

CBP plays a vital role in supporting the U.S. trade agenda. It seeks to strengthen its enforcement capabilities and streamline trade for low-risk legitimate shipments. It will also continue to advance risk-based targeting by working with partners to enhance trade intelligence, detect and resolve unfair or unlawful trade practices, and develop solutions to promote legitimate trade and protect the U.S. economy.

What is CBP’s national strategy to facilitate legitimate trade? How is CBP strengthening comprehensive trade enforcement? What trends are disrupting the facilitation of trade? Brenda Smith, Executive Assistant Commissioner, Office of Trade, U.S. Customs and Border Protection, joined me on The Business of Government Hour to share her insights on these topics and more. The following is an edited excerpt of our discussion, complemented by additional research.

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