A Transformative Approach for the Future of Trade
A Transformative Approach for the Future of Trade Since the last comprehensive trade legislation reforms in 1993, growth in e-commerce, rapid technological change, and the continued expansion of the global marketplace have significantly altered how trade is conducted. As these shifts continue to accelerate and evolve, it is imperative for the U.S. Government to act now to pursue transformational reforms that [...]
Tags: Import Export CBP,
International Trade Policy Under the Biden Administration: What to Expect
Watch as international trade attorney George W. Thompson discusses the likely impacts on American international trade policies under the Biden administration. International Trade Policy Under the Biden Administration: What to Expect You can read original posting here > Thompson & Associates, PLLC
Manufacturer’s “Made in U.S.A.” Claim Challenged as False by FTC
The Federal Trade Commission (FTC) has filed a Federal District Court complaint alleging that Chemence, Inc. committed unfair trade practices by claiming its merchandise, glue, is “Made in the U.S.A.” The FTC is charged with enforcement of statutes prohibiting the use of “unfair or deceptive acts or practices” in commerce. Its lawsuit seeks an injunction against [...]
More Apparent OFAC Violations Involving Foreign Subsidiary Companies
Parenting can be such a chore. Minding wayward little ones, cleaning up after them, and getting hit with six-figure Treasury Department penalties for their misbehavior can offset the joy of beholding the smiles on their cherubic faces. Did I say Treasury Department penalties? Yes, they can arise when the parent is a U.S.-based company and [...]
“Made in USA” Rules — The Federal Trade Commission Wants to Hear from You
The Federal Trade Commission’s rules governing assertions that a product is “Made in the U.S.” can be confusing. As we’ve discussed on various occasions, that agency has strict standards on when claims of United States origin are permissible. I won’t repeat the Made In/Assembled In and qualified and unqualified claim distinctions here, except to note that they [...]
Is Trade Compliance the Lone Ranger?
Is Trade Compliance the Lone Ranger? There are companies, surely not yours, where various departments are viewed as spokes around the hub of the trade compliance department. Each department operates as if trade compliance is accomplished “out there somewhere” rather than taking an active part in making sure the company meets its import and/or export [...]
WE WANT SOME COOKIES TOO!
Women in trade | S1: Episode 8 We discovered a new podcast featuring women who work in international trade. The podcast is only a few episodes into its first season but they have hit the ground running with a lineup of amazing and influential ladies in trade compliance. The podcast, Women In Trade, is [...]
Where Is Brexit?
Where Is Brexit? What Is Brexit? Over time, the UK has given us many interesting tales – from Camelot to Hogwarts. But there hasn’t been a more mystical story from the UK in decades as the tale of Brexit. If you have left aside the Harry/Meghan saga to keep up with the Brexit (British exit) story, then you must know that [...]
Part 3: CBP Wants YOU! Increased AD/CVD Scrutiny Abounds
Part 3 of 3: “CBP Wants YOU! Increased AD/CVD Scrutiny Abounds” AD/CVD Consequences: Real Live American Disasters Inflated AD/CVD and high tariffs have real world consequences. One of the hardest-hit industries by high tariffs and AD/CVD besides the steel and aluminum industries is the hardwood industry and those companies who depend upon an inexpensive supply of raw wood and [...]
Part 2: CBP Wants YOU! Increased AD/CVD Scrutiny Abounds
Part 2 of 3: “CBP Wants YOU! Increased AD/CVD Scrutiny Abounds” How the Past Defines Today Thomas Prusa, Professor of Economics at Rutgers University, says that antidumping laws can be traced back to 1916 when the real concern was antitrust law – not allowing large corporations a monopoly in their industries. Both antitrust and antidumping laws were [...]