Automated Compliance: Allied’s Stock-in-Trade

Automated Compliance: Allied’s Stock-in-Trade

Written by By Jennifer Baljko | INBOUND LOGISTICS  Automating global trade compliance helps electronics component distributor Allied Electronics & Automation nail its screen test. Companies in the import/export business dread the day when a customs official knocks on the door and questions their shipping policies. That day came for distributor Allied Electronics & Automation a few years…

CBP to Audit Safeguard AD/CVD Goods

CBP to Audit Safeguard AD/CVD Goods

By Brian Bradley| Adam Smith Project Imports subject to both a safeguard tariff and an antidumping or countervailing duty order will be a focus for regulatory auditors.  U.S. Customs and Border Protection soon will deploy informed compliance measures to guide the trade community in complying with recently imposed safeguard tariffs.    Thomas Jesukiewicz, field director of…

U.S., Mexico reach NAFTA deal, turn up pressure on Canada

U.S., Mexico reach NAFTA deal, turn up pressure on Canada

  WASHINGTON (Reuters) – The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact.  Auto stocks soared and the S&P 500 and the Nasdaq rallied…

USTR Finalizes Second Tranche of Tariffs on Chinese Products in Response to China’s Unfair Trade Practices

USTR Finalizes Second Tranche of Tariffs on Chinese Products in Response to China’s Unfair Trade Practices

Washington, DC (USTR.GOV) – The Office of the United States Trade Representative (USTR) released a list of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technology and…

Trade Briefing: Consumer Impact of Potential U.S. Section 232 Tariffs & Quotas on Imported Automobiles & Automotive Parts

Trade Briefing: Consumer Impact of Potential U.S. Section 232 Tariffs & Quotas on Imported Automobiles & Automotive Parts

The U.S. Department of Commerce is currently investigating whether U.S. automobiles and automotive parts constitute a national security threat under Section 232 of the Trade Expansion Act of 1962, as amended. The Center for Automotive Research (CAR) estimates that consumers will see the price of all new vehicles rise by $455 to $6,875 depending on…

Cybersecurity a Top Concern as Automated Technologies Gain Traction

Cybersecurity a Top Concern as Automated Technologies Gain Traction

Cybersecurity must be a priority as manufacturers begin rolling out more automated driving systems, transportation industry groups told the Federal Motor Carrier Safety Administration. The agency closed a public comment period last month focused on regulations may need to be modified or eliminated to facilitate the safe introduction of automated driving systems in commercial vehicles….

U.S. issues additional Chinese Tariffs – Is Your Product on the List?

U.S. issues additional Chinese Tariffs – Is Your Product on the List?

On June 15, President Trump kept true to his May 29th promise of imposing additional tariffs against Chinese goods. The Office of the United States Trade Representative (USTR) has officially released the “Section 301 Product List”. The additional duties are effective on or after July 6, 2018. History We previously proved advised our readers of President’s Trump directive is…

Site Selection/Ports Update: Rising Economic Tide Boosts North American Ports

Site Selection/Ports Update: Rising Economic Tide Boosts North American Ports

By Derik Andreoli, Director of Economic Analysis and Forecasting, Mercator International The logistics landscape is ever-evolving as shippers adopt new supply chain strategies and adapt to diverse and variable market pressures. Ports, too, are adapting to succeed in today’s changing market and rise to the challenges associated with the rapid upsizing of container ships (see sidebar)….

Tariffs: Manufacturers are Ill-equipped for Raw Material Cost Hikes

Tariffs: Manufacturers are Ill-equipped for Raw Material Cost Hikes

The import tariffs on steel and aluminum, as confirmed by President Trump on May 31, exacerbated worries for B2B manufacturers—and their customers. The implications for employment and the economy are significant, but most manufacturers are also grappling with practical questions, such as: How will this impact my per-unit costs? How can we effectively pass these changes on? How will customers react…

Where Fireworks Are From In the US [Infographic]

Where Fireworks Are From In the US [Infographic]

For people aiming to “buy American” for Independence Day this year, it might prove difficult to obtain U.S.-manufactured fireworks. Most of the bottle rockets, roman candles, and other fireworks on sale across the country trace their origin to China. Last year, China accounted for nearly 96 percent of total U.S. fireworks imports, amounting to approximately…

Trade War Own Goal

Trade War Own Goal

What do World Cup football and international trade policy have in common? Not much, really, but for each, the desire to avoid an “own goal” – scoring against yourself – is paramount. Morocco found that out the hard way in its first-round match with Iran. My expectation is that the Trump administration will as well,…