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Regulatory Updates for U.S. Food Importers – November 2018

Posted by on Nov 12, 2018 | 0 comments

Follow Email The Food Safety Modernization Act (FSMA) of 2011 aims to ensure the safety of the U.S. food supply with a focus on preventing, rather than responding to, food contaminations. FSMA requirements apply to domestic and imported human and animal food products, including dietary supplements, regulated by the US Food and Drug Administration (FDA). URGENT: Food Facilities Must Renew FDA Registrations by December 31, 2018 The FSMA...

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Trade Watch 2018: NAFTA Lives

Posted by on Oct 1, 2018 | 0 comments

Follow Email The United States, Canada, and Mexico have reached agreement on a modernized NAFTA (North American Free Trade Agreement), now to be called the U.S.-Mexico-Canada Agreement (USMCA). After months of negotiating trilaterally, the US and Mexico reached an agreement that excluded Canada, which was left to negotiate separately with the U.S. Several deadlines for conclusion of the US-Canada negotiations came and went. Despite the...

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What is a Tariff Anyway?

Posted by on Sep 9, 2018 | 0 comments

Follow Email A few weeks ago (July 2018), I led a seminar on international trade for high school students which brought home to me how much misunderstanding exists about what is a tariff. The assumption was that tariffs are inherently protectionist. The current use of tariffs by the Trump Administration to protect the U.S. steel and aluminum industry makes it easy to reach that conclusion. But many countries impose tariffs on products even...

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UK Brexit Proposal: Services and Investment

Posted by on Aug 7, 2018 | 0 comments

Follow Email UK Brexit Proposal: Services and Investment   Freedom of businesses and professionals to provide services anywhere within the European Union(EU) is a core principle governing the EU Single Market for Services. And the EU single market has been good to UK service providers – UK firms provided over 14% EU audit and accountancy imports in 2016; and UK-located banks underwrote about ½ of the debt and equity issued by EU...

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UK Brexit Proposal on Trade in Goods

Posted by on Jul 29, 2018 | 0 comments

Follow Email The EU’s Chief Brexit Negotiator has decisively rejected the United Kingdom’s proposal to manage its post-Brexit trade in goods with the EU. The UK’s White Paper – “The Future Relationship Between the United Kingdom and the European Union”proposes the creation of a “deep and comprehensive economic partnership” between the EU and the UK. (Click here for a summary of the White Paper.) Three primary concerns drive...

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