Similar Posts
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…
FCA: Why We Need Whistleblowers . . . and How to Avoid Them
President Abraham Lincoln had had enough. His troops at the front of the bloody Civil War were ill from rancid food, receiving lame mules and horses, faulty rifles and ammunition, all because of unscrupulous contractors to the U.S. government. As a result, Congress passed the False Claims Act (FCA) on 2 March 1863 which they hoped would provide a remedy for such…
Chinese Carmakers Ride a Wave into European Ports
As the automotive industry continues to evolve, the rise of Chinese carmakers and their expansion into international markets is becoming increasingly evident. In a recent report by Automotive Logistics, it is clear that China is targeting Europe for electric vehicle (EV) sales, leveraging the recovery of roll-on/roll-off (ro-ro) capacity and navigating geopolitical disruptions. European ports…
Trade and Transparency: China Looks to Boost EU Imports, Urges Eased Hi-Tech Export Restrictions
China Seeking Expanded Trade Relations with the European Union China’s Premier Li Qiang recently expressed his country’s interest in importing more products from the European Union (EU), aligning with market demand. During a meeting with European Commission President Ursula von der Leyen in Davos, Li also urged the EU to ease hi-tech export restrictions imposed…
USMCA AT THREE: Navigating the Challenges
It has been three years since the United States, Canada, and Mexico came to an agreement on the US-Mexico-Canada Agreement (USMCA), replacing the North American Free Trade Agreement (NAFTA). Rumors and speculation surrounding NAFTA abounded for years, with the Trump administration ultimately deciding to renegotiate the agreement with the goal of reducing trade deficits with…
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,…