Blog
Business Can Strengthen the U.S.-Mexico Relationship
For all the talk of tension between the U.S. and Mexico, we remain close friends and neighbors with mutual interests, common challenges, and interdependent economies. For more than a century, U.S. and Mexican companies have worked together to drive investment, create jobs, and promote prosperity on both sides of the border. Trade with our neighbor [...]
All About That Base(line): How to Interpret the International Trade Commission Report on USMCA
On or around April 18, the U.S. International Trade Commission (ITC) is expected to release a report assessing the expected effects on the U.S. economy of the United States-Mexico-Canada Agreement (USMCA). Interpreting the report is going to be… complicated. This report is required under the Bipartisan Trade Priorities and Accountability Act of 2015 (known as [...]
Letters of Credit in Business Transactions
In most of the world and, indeed, in much of the United States the parties to a transaction often do not know each other and are concerned that the transaction will not proceed without problems. The manufacturer or supplier is concerned that it will not be paid for goods or services rendered. The buyer is [...]
Customs Ruling of the Week – Classification of “Snoopy Sno-Cone Machine.”
In NY N303641, Customs and Border Protection (CBP) discussed the classification of the “Snoopy Sno-Cone Machine.” The imported item is a snow-cone making set for children. It consists of a plastic housing with a metal cylindrical blade. The plastic housing is in the shape of a doghouse and has a closeable chute for the ice [...]
What Happens If The USMCA Doesn’t Happen?
If you can't move production to avoid tariffs like the companies in the story below, make sure to get the training you need. Make sure you are properly classifying products and applying the correct tariff rates. Don't take a risk, get training here. Executive Summary The U.S. Congress has not yet ratified the United States-Mexico-Canada [...]
8 Strategies GE is Using to Mitigate Tariff Cost
If you can't move production to avoid tariffs like the companies in the story below, make sure to get the training you need to make sure you are properly classifying products and applying the correct tariff rates. Don't take a risk, get training here. HOUSTON — GE was blindsided when President Donald Trump's tariffs on [...]
USTR Publishes Preliminary List of EU Products To Be Covered By Additional Duties
Until recently the Section 301 Tariffs associate with China deceptive practices. The USTR is now expanding Section 301 Tariffs to the European Union (EU). As a result of the World Trade Organization (WTO) repeatedly finding that EU subsidies to Airbus have caused adverse effects to the United States; the Office of the United States Trade [...]
Manhattan U.S. Attorney Announces Settlement Of Civil Fraud Lawsuit Against Garment Wholesaler For Evading Customs Duties
Wholesaler Repeatedly Ignored Warning Signs That Its Importer Was Falsely Underreporting the Value of Garments Imported Into the United States Geoffrey S. Berman, the United States Attorney for the Southern District of New York, Angel M. Melendez, the Special Agent-in-Charge of the New York Field Office of Homeland Security Investigations (“HSI”), and Troy Miller, Director, [...]
US/Mexico/Canada Agreement Strengthens American Workers and Competitiveness – Heidi Heitkamp
If you can't move production to avoid tariffs like the companies in the story below, make sure to get the training you need. Make sure you are properly classifying products and applying the correct tariff rates. Don't take a risk, get training here. At 25 years old, the North American Free Trade Agreement (NAFTA) is [...]