I’m starting a series, “International Trade Alphabet Soup” that will periodically list and provide context for some key acronyms used in the world of international business and trade. Here is Part “A”: Read More
The GSP program about which I wrote in my last post is currently set to expire on July 31, 2013. In the last few years, the program has been allowed to lapse more frequently with only short-term renewals while Congress considers major reforms to the program: Do emerging economies still need GSP? How can the poorest countries get better benefits from GSP? Should GSP expire permanently? Read More
The Generalized System of Preferences, or GSP, Program allows about 5,000 products from about 127 developing countries to enter the United States on a duty-free basis. The President is required to conduct an annual review of the program to determine whether changes need to be made to the countries and products eligible for GSP duty-free entry into the United States. The USG has shared the results of its 2012 Annual Product Review and invited comments, which are due by 5 p.m. on Friday, April 12, 2013. Contact us to learn more about GSP and how it may affect your U.S. imports. Read More
Each year’s flu season is a reminder of our globalized economy, in which we “trade” not just goods and services, but at times viruses that can negatively affect our physical as well as our economic health. Read More
Whether it's selling apples to Cuba or oranges to Iran, it is essential to be aware of embargoes and sanctions programs that are enforced by the U.S. and other governments. Read More
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