One of the issues companies will have to consider as they re-engineer supply chains in response to the coronavirus pandemic is – what’s behind the label? It can be challenging to determine exactly where in the world a product was made. Today’s global supply chains...
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...
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...
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...
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...
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...