Blog

1. Define your goals The business sector uses the term logistics to describe the efficient flow and storage of goods from where they originate to where they’re consumed. The supply chain includes transportation, shipping, receiving, storage and management of all these areas. Some of the key goals for all businesses are increased efficiency, more sales, [...]

FARGO — Doors are starting to open for Door Stud. The firm, based at North Dakota State University’s Research and Technology Park, sells a unique dolly system that allows one or two people to quickly and safely move and install doors. The tool — on the market since April 2018 — is sold online and [...]

Peter Navarro, White House trade advisor had a 10 minute interview with Chris Wallace on August 4, 2019.  Navarro listed what he called “seven deadly sins” that China must stop doing before the trade war with the United States can come to an end. He stated the sins are harmful to the U.S. economy.   [...]

In a response to changes in the international economic environment, such as the trade war between the United States and China and the implementation of the new free trade treaty between the US, Mexico, and Canada (USMCA), nine of the country’s automotive manufacturing clusters in Mexico have joined together to create a formal associative network. [...]

It is common to hear that auto part manufacturers with plants in Mexico that export their final products or that sell them to Mexican Original Equipment Manufacturers (OEMs), operate under trade facilitation programs that allow them to import into Mexico raw materials, machinery and equipment with certain benefits. Most of the manufacturers operate as IMMEX [...]

Based on its aggressive enforcement program and its recently issued Framework for Sanctions Compliance Programs, OFAC has established a new era in sanctions compliance. Trade compliance is often siloed into its own operation, sometimes in, and other times outside of, the compliance function. Over the next five years, we will witness a sea-change in sanctions [...]

Suppliers to the US Beware: Increased Compliance and Enforcement of Antidumping and Countervailing Duties US tariffs on steel, aluminum, solar panels, and numerous antidumping and countervailing duty (“AD/CVD”) orders on finished and raw input products have put exporters in a bind. On one hand, sourcing and supply chain decisions have become more complex and uncertain. [...]

The one constant in international trade is change, and it’s happening at a breakneck pace. New tariffs, shifting alliances, and renegotiated trade agreements have rocked markets and supply chains. Trade compliance was complex enough before, but now compliance teams have to be extra vigilant. Compliance problems can hurt your bottom line and damage your company’s [...]

Update on China 301 Tariff Exclusion Requests   Frequently Asked Questions about the Exclusion Process from Section 301 Tariffs on China. Q. How do I file for an exclusion? A. First we need to know which of the three lists of China 301 tariffs your product is on. Q. How can I find out which [...]

Incoterms are rules issued by the International Chamber of Commerce that facilitate global trade and are updated every ten years or so in an effort to keep up with the changes that take place in international trade.  The current version is Incoterms 2010, but a new version, Incoterms 2020, is expected to be released in [...]