With the approach of U.S. Tax Day, we devote this post to discussing the true costs of doing business internationally. Particularly for traders in goods, these costs must be factored into business operations to protect the bottom line. Tariffs: Just about every...
Russia’s invasion of Ukraine hits home personally. Images of disrupted lives desperately seeking sanctuary knock the ground out from under our feet. They remind us of how quickly the circumstances of our lives can change – whether from natural causes or man-made...
If you had trouble finding the roses or chocolates for your Valentine’s Day shoppers this year – blame the continuing supply chain disruptions. These disruptions that we first saw in 2019 because of the COVID-19 global pandemic continue, unabated and even exacerbated...
What is Trade Facilitation? The past two traumatic years of the pandemic have reminded us of just how trade-dependent our economies are for daily essentials and the luxuries that improve the quality of our lives. Closed borders to slow the spread of the COVID-19 virus...
Just as we did last year, our discussion of the trade landscape in 2022 will take a look at Brexit and the African Continental Free Trade Area (AfCFTA). How are they doing? Before getting to that, however, we must acknowledge the trade-related aspects of the double...
Conclusion of the negotiation on services domestic regulation at the World Trade Organization (WTO) on December 2nd (2021) shows that, despite the postponement of the 12th Ministerial Conference (MC12) work on advancing its agenda continues. But can the WTO MC12...
With the approach of the World Trade Organization (WTO) Ministerial Conference in two weeks, conversations and actions aimed at shaping the agenda of WTO MC12 are underway. Originally scheduled for June of 2020 in Kazakhstan, this 12th Ministerial Conference (MC12)...
As if the pandemic and its fallout on global trade were not enough, UK businesses and consumers are also dealing with their special brand of Brexit-related headaches. The reappearance of borders – absent when the UK was a member of the European Union (EU) – has...
The supply chain disruptions that we first saw in 2020 because of the COVID-19 global pandemic continue, unabated and even exacerbated by labor shortages and shipping delays. In just one incident, the positive Covid test result of a ship’s crew member upon arrival in...
“Why Haiti?” The question on the minds and lips of anyone following this country’s trajectory – why is Haiti suffering so? Since wrestling its independence from France in 1804, the country has veered between political dictatorship and political upheaval. Over 50% of...
July 1, 2021 marked one year since the United States-Mexico-Canada Agreement (USMCA) took effect, replacing the North American Free Trade Agreement (NAFTA). And on that day, international trade attorney, Andrea Ewart, caught up with Tamica Solomon, Acting Director of...
Bruce Zagaris is a partner at the Washington, DC Law Firm of Berliner, Corcoran & Rowe and because of his expertise on international taxation controversies, we turned to him to explain to our readers the emerging issue of the global corporate minimum tax. This is...
In addition to sending the visual message of a United States resurging from the global pandemic, the fruits of President Biden’s first overseas trip included several key commitments made with US allies – UK Prime Minister Boris Johnson, the G-7 heads of state, and the...
As we close out the month of May – widely celebrated across the United States as “World Trade Month” – this seems an appropriate time to highlight some of the resources that are available to support companies to do business internationally. Knowing Your...
The Generalized System of Preferences (GSP) program about which I wrote in a prior post is currently expired (as of March 2021). This won’t be a first as the program has expired and been renewed in the past. In fact, GSP periodically expires and must be renewed by...
