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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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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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Trade Watch 2018: UK Brexit Proposal

Posted by on Jul 23, 2018 | 0 comments

Follow Email The British government’s proposal for the United Kingdom’s post-Brexit relationship with the European Union has pleased neither the Brexiters nor the EU. It is easy to understand why. The White Paper, The Future Relationship Between the UK and the European Union, boldly proposes that the UK leave the EU while keeping those aspects of EU membership the Theresa May government considers important or necessary. Boris Johnson,...

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Is Your Company Affected by the Trump Tariffs on Steel and Aluminum?

Posted by on Jun 25, 2018 | 0 comments

Follow Email Citing national security concerns the Trump Administration has imposed an additional 25% duty on steel mill and a 10% duty on aluminum articles imported into the United States. As of June 1, 2018, imports from all countries, with 4 exceptions, are subject to the additional tax. Is your company affected by the Trump tariffs on steel and aluminum? Affected Imports The affected imports are: Aluminum Products unwrought aluminum...

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