Trade Trends & Hot Topics for 2026! What’s coming in 2026? In the second session of our webinar series, we’ll explore the trends and developments on the horizon – from manufacturing shifts and global sourcing strategies to updates in free…
Justice: Arkansas Arms Dealer Sentenced to Nearly 5 Years in Federal Prison
Justice: Arkansas Arms Dealer Sentenced to Nearly 5 Years in Federal Prison
July 5, 2024/
An Arkansas arms dealer was sentenced to 57 months in federal prison, and ordered to pay over $650,000 in restitution on possession of unregistered firearm, false declaration before a court, and tax fraud. His company was also sentenced to five years probation and ordered to pay a $500,000 fine on unlawful import of firearms and filing false or misleading EEI. The company also had to forfeit the illegal firearms.
Related Posts
BIS: Implements New Rule Automatically Extending Entity List and MEU Restrictions to Affiliates
On September 30, 2025, the Bureau of Industry and Security (BIS) released an interim rule regarding “Affiliates.” Under the rule, any entity that is at least 50% owned by one or more entities on the Entity List or the Military End-User (MEU) List will itself automatically be subject to Entity List/MEU restrictions. This is a…
USTR: Proposes Section 301 Vessel Fees and 100 Percent Tariffs on Port Equipment
The United States Trade Representative announced on October 10, 2025 that they were looking to implement Section 301 vessel fees. The modifications include the following changes: “Changing the basis for calculating service fees on vessel operators of foreign-built vehicle carriers and setting the fee at $46 per net ton.” Retroactively eliminating a provision “permitting the…
USTR: New Section 301 Fees Imposed on Chinese-Owned, Operated, and Built Vessels, Plus All Foreign Vehicle Carriers
There are new Section 301 fees for vessels owned, operated, or built in China, and for all foreign-built vehicle carrier vessels. The burden for determining if a vessel owes the fee is on the operator, NOT CBP. Fees must be paid through pay.gov. Annex 1: Effective as of October 14, 2025, a fee in the…
DOJ: Los Angeles Clothing Importer Sentenced for $17 Million Tax Evasion and $8 Million Customs Fraud in Operation Take Back America
A wholesale clothing importer located in the Fashion District of downtown Los Angeles has been sentenced for avoiding the payment of more than $8 million in customs duties on imported clothing more than $17 million in tax evasion. The scheme involved importing apparel from China and other nations and then exporting said clothing to customers…