A report from the US Congressional Research Service shared that 166,384 small businesses in the United States currently export, accounting for about 26% of all U.S. exports and about 96% of all exporters. With roughly three-quarters of world purchasing power and...
In our blog posts and seminars, I caution traders against doing business with the ‘wrong’ country. The United States maintains several embargoes or trade sanctions programs. An embargo or sanction program is a total or partial prohibition against trading...
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...
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...
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...
