|
| T&E |
Categories:
- Term/Acronym
- U.S. Export-Related
- U.S. Import-Related
- Compliance System/Process
T&E -Transport & Export: entries may be made for products which are being transported through the U.S. to be exported. In addition, articles that have been refused admission may be entered under T&E after the importer requests and receives written authorization from the proper governmental authority and/or complies with any applicable regulations.
U.S. Customs and Border Protection (cbp)
|
|
|
|
| TACT |
Categories:
- Term/Acronym
- Document
- U.S. Export-Related
- U.S. Import-Related
TACT - The Air Cargo Tariff: contains comprehensive information regarding air cargo rules, regulations, rates and charges.
|
|
|
|
| TARIC |
Categories:
- Term/Acronym
- Foreign Import-Related
- Multilateral/International
- Country/Regional
- Compliance System/Process
TARIC' is the acronym for the Integrated Tariff of the European Communities and was introduced at the same time as the CN by regulation 2658/87. The codes used are a further breakdown of the Combined Nomenclature to the 10-digit level. The TARIC further contains information on tariff quotas, all third country and preferential duty rates, tariff suspensions and other trade measures. TARIC does not have the status of a legal instrument but its 10-digit codes must be used in customs and statistical declarations in trade with third countries. The Commission's on-line customs database can be consulted to look up commodity codes and relevant import duties.
European Community
|
|
|
|
| Tariff |
Categories:
- Term/Acronym
- U.S. Import-Related
- Foreign Import-Related
A tariff is a duty imposed on goods when they are moved across a political boundary. They are usually associated with protectionism, the economic policy of restraining trade between nations. For political reasons, tariffs are usually imposed on imported goods, although they may also be imposed on exported goods.
|
|
|
|
| Tariff Engineering |
Categories:
- Term/Acronym
- U.S. Import-Related
- Foreign Import-Related
Tariff engineering means an importer is allowed to make his product in such a way that the lowest possible duty rate applies at time of importation. A recent appellate court decision may render tariff engineering a non-viable option.
|
|
|
|
| Tariff Rate Quotas |
Categories:
- Term/Acronym
- U.S. Import-Related
- Foreign Import-Related
Tariff rate quota (TRQ) is a trade policy tool used to protect a domestically-produced commodity or product from competitive imports. A TRQ combines two policy instruments that nations historically have used to restrict such imports: quotas and tariffs. In a TRQ, the quota component works together with a specified tariff level to provide the desired degree of import protection. Imports entering during a specific time period under the quota portion of a TRQ are usually subject to a lower, or sometimes a zero, tariff rate. Imports above the quota’s quantitative threshold face a much higher (usually prohibitive) tariff. Currently, TRQs apply to U.S. imports of certain dairy products, beef, cotton, peanuts, sugar, certain sugar-containing products, and tobacco.
U.S. Customs and Border Protection (CBP)
|
|
Quota Enforcement and Administration Branch
202-344-2650
hqquota@cbp.dhs.gov
|
|
| Temporary Import Bond (TIB) |
Categories:
- Term/Acronym
- U.S. Import-Related
- Foreign Import-Related
Temporary Import Bond (TIB) stands for Temporary Importation under Bond and is a procedure whereby, under certain conditions, merchandise may be entered -- for a limited time -- into U.S. Custom's territory free of duty. Instead of duty, the importer posts a bond for twice the amount of duty, taxes, etc. that would otherwise be owed on the importation. Under this procedure, the importer agrees to export or destroy the merchandise within a specified time or pay liquidated damages, which are twice the normal duty. Only certain items, listed below, may be entered as a TIB.
U.S. Customs and Border Protection (CBP)
|
|
|
|
| TEU |
Categories:
- Term/Acronym
- U.S. Export-Related
- U.S. Import-Related
- Standard (Technical/Health/Safety)
TEU - Twenty Feet Equivalent Unit: unit used for describing a ship's cargo carrying capacity, or a shipping terminal's cargo handling capacity. A standard forty-foot (40x8x8 feet) container equals two TEUs (each 20x8x8 feet).
|
|
|
|
| THC |
Categories:
- Term/Acronym
- U.S. Export-Related
- U.S. Import-Related
- Compliance System/Process
THC - Terminal Handling Charge: are essentially charges collected by shipping lines to recover from the shippers the cost of paying the container terminals or mid stream operators for the loading or unloading of the containers, and other related costs borne by the shipping lines at the port of shipment or destination. For containers shipped on FOB (Free-On-Board) terms, which most of Hong Kong containers are, the shippers are responsible for paying the THC on the Hong Kong end, while the buyers (consignees) are responsible for paying the freight rate and the THC (or equivalent) on the port of destination. Conversely, Hong Kong importers are responsible for paying the THC for import to Hong Kong. The practice of charging THC is common throughout Asia as much of the rest of the world.
|
|
|
|
| Through Bill of Lading |
Categories:
- Term/Acronym
- Document
- U.S. Export-Related
A Through Bill Of Lading serves as a receipt or carriage contract for the products. As with any bill of lading, this document outlines the type and quantity of transported good and notifies the shipper of its destination. A transporter can move products both within a country and export them, often by air, with a through bill of lading. The through bill contains an 'inland bill of lading', which is the documentation required for domestic transportation. If the shipper wants to move the goods across the ocean, the through bill of lading will not be adequate. An 'ocean bill of lading' will be required for any goods moving across the sea.
|
|
|
|
| TIB |
Categories:
- Term/Acronym
- U.S. Import-Related
- Foreign Import-Related
Temporary Import Bond (TIB) stands for Temporary Importation under Bond and is a procedure whereby, under certain conditions, merchandise may be entered -- for a limited time -- into U.S. Custom's territory free of duty. Instead of duty, the importer posts a bond for twice the amount of duty, taxes, etc. that would otherwise be owed on the importation. Under this procedure, the importer agrees to export or destroy the merchandise within a specified time or pay liquidated damages, which are twice the normal duty. Only certain items, listed below, may be entered as a TIB.
U.S. Customs and Border Protection (CBP)
|
|
|
|
| TIR |
Categories:
- Term/Acronym
- Treaty/Convention/Agreement
- Organization/Agency/Entity
- U.S. Export-Related
- U.S. Import-Related
- Compliance System/Process
TIR - International Transport Road: ‘TIR’ stands for Transports Internationaux Routiers (International Road Transport) and is an international Customs transit system. TIR is the only universal transit system that allows the goods to transit from a country of origin to a country of destination in sealed load compartments with Customs control recognition along the supply chain. This minimizes administrative and financial burdens and Customs duties and taxes that may become due are covered by an international guarantee.
|
|
|
|
| Trademark |
Categories:
- Term/Acronym
- Intellectual Property Rights
A trademark or trade mark[1] is a distinctive sign or indicator used by an individual, business organization, or other legal entity to identify that the products or services to consumers with which the trademark appears originate from a unique source, and to distinguish its products or services from those of other entities. A trademark is designated by the following symbols: TM (for an unregistered trademark, that is, a mark used to promote or brand goods); SM (for an unregistered service mark, that is, a mark used to promote or brand services); and ® (for a registered trademark).
U.S. Department of Commerce (DOC) and United States Patent and Trademark Office (USPTO)
|
|
Dora Best
571-272-9633
trademarkassistancecenter@uspto.gov
|
|
| Trademark Law Treaty |
Categories:
- Term/Acronym
- Law/Act/Regulation
- Treaty/Convention/Agreement
- Multilateral/International
- Intellectual Property Rights
The Trademark Law Treaty (TLT) is designed to approximate and streamline national and regional trademark registration procedures. This is achieved through the simplification and harmonization of certian features of those procedures, thus making trademark applications and the administration of trademark registrations in multiple jurisdictions less complex and more predictable. Under Phase 1, – application for registration – the Contracting Parties may require, as a maximum, the following indications: a request, the name and address and other indications concerning the applicant and the representative; various indications concerning the mark including a certain number of representations of the mark; the goods and services for which registration is sought classified in the relevant class of the International Classification and, where applicable a declaration of intention to use the mark. Phase 2 concerns changes in names or addresses and changes in the ownership of the registration. Phase 3 – renewal - standardizes the duration of the initial period of the registration and the duration of each renewal to 10 years each.
World Intellectual Property Organization (WIPO)
|
|
|
|
| Transaction Control Header Record |
Categories:
- Term/Acronym
- Document
- U.S. Import-Related
- National Security
- Compliance System/Process
The Transaction Control Inbound Header Record provides data element descriptions and format requirements for the record beginning an inbound transaction file to CBP The Transaction Control Outbound Header Record provides data element descriptions and format requirements for the record beginning an outbound transaction file from CBP.
U.S. Customs and Border Protection (CBP)
|
|
|
|
| Transhipment |
Categories:
- Term/Acronym
- U.S. Export-Related
- U.S. Import-Related
- Foreign Import-Related
Transshipment is the shipment of goods to an intermediate destination, and then from there to yet another destination. One possible reason is to change the means of transport during the journey (for example from ship transport to road transport), known as transloading. Another reason is to combine small shipments into a large shipment, dividing the large shipment at the other end. Transshipment usually takes place in transportation hubs. Much international transshipment also takes place in designated customs areas, thus avoiding the need for customs checks or duties, otherwise a major hindrance for efficient transport.
|
|
|
|
| TRIPS |
Categories:
- Term/Acronym
- Law/Act/Regulation
- Treaty/Convention/Agreement
- Multilateral/International
- Intellectual Property Rights
The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property (IP) regulation. It was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994. Specifically, TRIPS contains requirements that nations' laws must meet for: copyright rights, including the rights of performers, producers of sound recordings and broadcasting organizations; geographical indications, including appellations of origin; industrial designs; integrated circuit layout-designs; patents; monopolies for the developers of new plant varieties; trademarks; trade dress; and undisclosed or confidential information. TRIPS also specifies enforcement procedures, remedies, and dispute resolution procedures. Protection and enforcement of all intellectual property rights shall meet the objectives to contribute to the promotion of technological innovation and to the transfer and dissemination of technology, to the mutual advantage of producers and users of technological knowledge and in a manner conducive to social and economic welfare, and to a balance of rights and obligations.
World Trade Organization (WTO)
|
|
|
|
| TRQ |
Categories:
- Term/Acronym
- U.S. Import-Related
- Foreign Import-Related
Tariff rate quota (TRQ) is a trade policy tool used to protect a domestically-produced commodity or product from competitive imports. A TRQ combines two policy instruments that nations historically have used to restrict such imports: quotas and tariffs. In a TRQ, the quota component works together with a specified tariff level to provide the desired degree of import protection. Imports entering during a specific time period under the quota portion of a TRQ are usually subject to a lower, or sometimes a zero, tariff rate. Imports above the quota’s quantitative threshold face a much higher (usually prohibitive) tariff. Currently, TRQs apply to U.S. imports of certain dairy products, beef, cotton, peanuts, sugar, certain sugar-containing products, and tobacco.
|
|
|
|
| TSA |
Categories:
- Term/Acronym
- Organization/Agency/Entity
- U.S. Export-Related
- U.S. Import-Related
- National Security
Transportation Security Administration (TSA). The Transportation Security Administration (TSA) is a U.S. government law enforcement agency that was created as part of the Aviation and Transportation Security Act passed by the U.S. Congress and signed into law by President George W. Bush on November 19, 2001. The TSA was originally organized in the U.S. Department of Transportation but was moved to the U.S. Department of Homeland Security on November 25, 2002. The agency is responsible for security in all modes of transportation.
Transportation Security Administration,.U.S. Department of Homeland Security
|
|
|
|
| TSN |
Categories:
- Term/Acronym
- Organization/Agency/Entity
- U.S. Import-Related
- Compliance System/Process
Trade Support Network (TSN). U.S. Customs & Border Protection (CBP) established the Trade Support Network (TSN) in 1994 to provide a forum for the discussion of significant Modernization efforts with the trade community. There are approximately 300 members of the TSN that represent the entire breadth of the trade community, including trade associations, importers, exporters, brokers, carriers, sureties and others.
U.S. Customs and Border Protection (CBP)
|
|
|
|
