Blog
By Mark Landler BUENOS AIRES — The United States and China called a truce in their trade war on Saturday after President Trump agreed to hold off on new tariffs. President Xi Jinping pledged to increase Chinese purchases of American products. The two also set the stage for more painstaking negotiations to resolve deeply rooted differences […]
In every organization—business, political, social, household—there is what’s often described as an unsung hero. An individual who plays a pivotal role but is often overlooked or uncelebrated within global organizations engaged in international trade. Perhaps one of the most under-celebrated and under-appreciated is the compliance manager. For the uninitiated, a trade compliance manager is someone who deals […]
During testimony at the U.S. International Trade Commission (USITC) today, Aluminum Association President & CEO Heidi Brock highlighted the urgent need for full, quota-free tariff exemptions for Canada and Mexico as part of the newly-renegotiated U.S.-Mexico-Canada Agreement (USMCA). The comments were made as part of the USITC’s hearing, United States-Mexico-Canada Agreement: Likely Impact on the U.S. […]
After you have selected a product you want to import and found a supplier for it, the next step is to expedite the importation of the product. Whether you use your own transportation company (i.e., UPS or FedEx) or your supplier’s preferred shipping carrier, you will want to minimize errors. Which can cause shipping delays. We’ve prepared the […]
On September 13, 2018, U.S. Customs and Border Protection (CBP) issued a significant ruling that addresses the interplay between the NAFTA Marking Rules and the Section 301 duties applied to goods from China. We believe it is important to understand this ruling as importers may seek to mitigate the impact of Section 301 duties on […]
On October 4, 2018, the Directorate of Defense Trade Controls (DDTC) announced in the Federal Register revisions to the ITAR titled, “Regulatory Reform Revisions to the International Traffic in Arms Regulations.” The revisions are in response to comments that the Department of State received. The new rule has removed certain notification requirements from the ITAR, and it removed certain items from the […]
September and October were record months for many of the nation’s ports as shippers prepared for a busy holiday shopping season and rushed to get cargo into the U.S. ahead of the Trump administration’s tariffs against several nations, including China. The Port of Los Angeles processed a record 952,554 20-foot-equivalent units, or TEUs, in October, […]
By Francisco Aristeguieta Anyone focused exclusively on the bold headlines and market moves of 2018 can be forgiven for concluding that trade is doing more than just rattling markets. To some, these moves signal the demise of an economic framework based on trade and globalization, which has underpinned economic growth and progress for decades. Overseeing […]
By Chris Dupin It’s a good time for 3PLs when capacity is tight and supply chains are speeding up. That’s 10 percent of global logistics costs, according to consultants Armstrong & Associates, and a leap from the $802 billion recorded in 2016. Armstrong & Associates said in 2017, gross 3PL revenues in the United States […]
By Weida Li China rolled out measures to further its opening-up policy and boost trade at a Li Keqiang-chaired executive meeting of the State Council in Beijing on Tuesday. In order to maintain steady growth in both the import and export sectors, China will advance trade facilitation by shortening its customs clearance times, reducing the […]