by Andrea | Feb 1, 2021 | Business, Trade and Society, International Trade, international trade rules, US-Caribbean trade
As of December 31, 2020, importers who rely on the Generalized System of Preferences (GSP) program have lost those benefits. GSP has expired – again! The GSP is the largest US trade preference program, allowing over 5000 products from over 100 developing countries to...
by Andrea | Sep 14, 2020 | Business, Trade and Society, International Trade, international trade rules, Trump on Trade, US-Caribbean trade
The Caribbean Basin Trade Preferences Act (CBTPA) and the Generalized System of Preferences (GSP) programs which give products from developing countries duty-free and other preferential access to the US market expire this year. It is time to renew US trade...
by Andrea | Jul 6, 2020 | Business, Trade and Society, international trade rules
Andrea Ewart interviewed Tamica Solomon, the Acting Director of the United States-Mexico Canada (USMCA) Center. A summary of the interview follows. The interview can be heard in its entirety here. The USMCA Center was recently opened by the U.S. Customs and Border...
by Andrea | Jun 22, 2020 | international trade rules, Trump on Trade
The new US-Mexico-Canada Agreement (USMCA) replaces North American Free Trade Agreement (NAFTA) on July 1, 2020. After the three countries signed the agreement on the modernized NAFTA on October 1, 2018, its entry into force stalled. Democrats in the US Congress...
by Andrea | Jun 8, 2020 | Business, Trade and Society, cap and trade, international trade rules, Trade and Small Business, World Trade Organization
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...
by Andrea | May 25, 2020 | Business, Trade and Society, COVID-19, international trade rules, Trade and Small Business
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...
