by Andrea | May 25, 2020 | Business, Trade and Society, COVID-19, international trade rules, Trade and Development, Trade and Small Business, Trump on Trade, World Trade Organization
Trade sanctions are still operating during the pandemic. The United States and other countries impose comprehensive economic and trade embargoes or more targeted sanctions on countries considered “bad actors” by the United Nations or individual countries. Small...
by Andrea | May 10, 2020 | Business, Trade and Society, COVID-19, Featured
With many companies experiencing significant financial hardship as a result of the social isolation policies put in place to fight the #COVID-19 pandemic, a Temporary Final Rule gave eligible Importers of Record the option to temporarily postpone the payment of some...
by Andrea | Apr 27, 2020 | Business, Trade and Society, Featured, Rules of doing business internationally
Perhaps, even before the coronavirus pandemic, the US-China trade war had already forced you to begin re-engineering your supply chains. Nevertheless, in 2019 about 16% of the world’s manufacturing output came from China. And the reality is that, even with the...
by Andrea | Feb 18, 2020 | Uncategorized
Proper classification of your imports has become increasingly important in the age of escalating Trump tariffs. Proper classification of your imports determines whether your product will avoid or have to pay these punitive tariffs that increase your costs. The US...
by Andrea | Jan 11, 2020 | Uncategorized
US-China trade – will the two economic powerhouses be able to negotiate away the trade tensions and tariffs? They have negotiated a Phase One deal which is scheduled to be signed in January. But we have been here before. The mutual mistrust means that all bets are off...
by Andrea | Nov 24, 2019 | Business, Trade and Society, Featured, Rules of doing business internationally, Trade and Small Business
You need to act now to keep or obtain a suspension or reduction of duties on your imports under the Miscellaneous Tariff Bill process! A Miscellaneous Tariff Bill (MTB) is a law that temporarily reduces or suspends the import tariffs paid on eligible products imported...
by admin | Oct 21, 2019 | CSME, international trade rules, tools for importers
As part of its responsibilities in protecting your intellectual property at the border, U.S. Customs and Border Protection (CBP) targets and seizes imports of counterfeit and pirated goods. In Part I, we discussed the steps that IPR holders can take to get CBP’s help...
by admin | Oct 17, 2019 | Brexit, tools for importers
The new Brexit deal reached by Boris Johnson with the European Union (EU) essentially revives one of the options previously rejected by Theresa May. To avoid reintroducing a border between Northern Ireland and the Republic of Ireland, the new Brexit deal instead...
by admin | Oct 14, 2019 | CSME, international trade rules, tools for importers
As the primary U.S. agency responsible for securing America’s borders, the responsibilities of the U.S. Customs and Border Protection (CBP) also include protecting your intellectual property at the US border. To help guard against the infringement of U.S. patents,...
by admin | May 14, 2019 | US-China Trade Relations
If you are expecting the “tariff war” between the United States and China to end anytime soon, much less in a trade agreement, please don’t hold your breath. Here is how Steve Bannon, former White House Advisor to the Trump Administration and co-architect of the...
by admin | Apr 30, 2019 | World Trade Organization
On May 14, 2019, the US International Trade Commission (USITC) is holding a public hearing in connection with the preparation of its 24th biennial public report on the Caribbean Basin Economic Reform Act (CBERA) which grants duty-free access into the United States for...
by admin | Mar 29, 2019 | Brexit
It’s March 29, 2019 – Brexit day – when Britain was scheduled to leave the European Union (EU). Instead, today the British Parliament for the third time rejected the EU Withdrawal Agreement negotiated by Theresa May’s government. This means that there is still no plan...
by admin | Jan 15, 2019 | Brexit, CSME, tools for importers, Trump on Trade, world financial crisis
Not surprisingly, given the challenging issues that were on our Trade Watch 2018, several have come over into 2019, unresolved and in some cases even more complex. Here are the issues we will be following in Trade Watch 2019. NAFTA Re-negotiated: NAFTA has been...
by admin | Jan 15, 2019 | Brexit, CSME, Trump on Trade, world financial crisis
Here are the trade issues we will be watching through the course of 2018: Brexit: The two-year period for UK to negotiate its exit from the EU began on 29th March, 2017. Can the 30th March 2019 deadline be met? How will the anti-trade sentiments that fueled Brexit...
by admin | Nov 12, 2018 | FDA food facility registration, international trade rules, tools for importers
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...
