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Trade Watch 2017

Posted by on Jan 17, 2017 | 0 comments

Follow Email It should come as no surprise to anyone who has been paying attention that several developments of 2016 will bear fruit in 2017. Trade Watch 2017 lists some key issues to watch out for in the trade arena this year: Brexit: Britain must act on its vote to leave the European Union. January 17, (2017) Prime Minister Theresa May outlined her 12-point plan for doing so. It includes negotiation of a new, bold, and ambitious free trade...

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Trump Trade Policy: A Preview

Posted by on Nov 9, 2016 | 0 comments

Follow Email Global markets initially reeled in response to Donald Trump’s victory in the U.S. presidential election. They have since recovered, but a preview of Trump trade policy helps to explain the initial nervousness. Protectionism In his trade platform to “make America great again”, Mr. Trump promised, among other things, to take the following steps: Strengthen trade enforcement by applying tariffs on goods from countries that...

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Our Food Smells Different!

Posted by on Nov 1, 2016 | 0 comments

Follow Email As the FDA strengthens enforcement of the Food Safety Modernization Act (FSMA), I am reminded of how this might impact the importer who shared this concern with me, “Our food smells different and that causes problems with US Customs.” “Problems” can mean having your shipment detained, opened and inspected, and re-exported or destroyed. The US Food & Drug Administration (FDA) is responsible for protecting the...

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US – Cuba Thaw – Round Six

Posted by on Oct 26, 2016 | 0 comments

Follow Email A 6th round of regulatory changes in the US – Cuba thaw was announced by two key U.S. agencies on October 16, 2016. Along with President Obama’s Policy Directive on US-Cuba Normalization pronounced two days before, these changes continue to carve out exemptions to the US embargo against Cuba. US Treasury’s Office of Foreign Assets Control (OFAC) further amended its regulations implementing the embargo to: (1) authorize...

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U.S. Presidential Candidates on Trade

Posted by on Oct 12, 2016 | 0 comments

Follow Email With the election about a month away, we use this post to take a look at the U.S. Presidential candidates on trade. Hillary Clinton on Trade Hillary Clinton as President will continue the general course of President Obama’s foreign trade policy. This course has focused on three main issues: Expanding market access through trade agreements; Enforcing trade rules in favor of US businesses; and Expanding exports through his...

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