Quick Read: A checklist for doing the import right. Once you have crafted a plan on what type of product you want to import, the following tips will serve as a guide in the import process. 1. Like and trust your supplier 2. Determine if you need a license 3. Compute the weights and measurements of the merchandise…
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The Office of the United States Trade Representative (USTR) has recently made a significant announcement regarding the extension of exclusions in the China Section 301 Investigation. This update impacts 352 reinstated exclusions and 77 COVID-related exclusions, originally set to expire on September 30, 2023. The new extension grants more time for consideration under the statutory…
This article was written by Sidley Austin LLP and first appeared on the International Law Office. On January 31 2013 the United States and the European Union implemented the mutual recognition arrangement for their respective supply chain security programmes. US Customs and Border Protection (CBP) administers the Customs-Trade Partnership Against Terrorism (C-TPAT), which is now recognised as equivalent…
The global supply chain landscape is experiencing a major transformation as logistics companies adapt to shifting dynamics. With factors like political disruptions and the COVID-19 pandemic, manufacturers are increasingly investing in supply chain resiliency. Nearshoring, reshoring, and friendshoring are emerging trends that are becoming the focus of logistics companies. In this blog post, we will…
I do a lot of NAFTA-related work. At least I do this week. It remains to be seen whether that changes soon. Secretary of Commerce designee Wilbur Ross told the Senate committee considering his nomination that his top priority would be renegotiating NAFTA. So, this may all change. As we sometimes have to tell clients,…
Dig into the intriguing world of international trade. Our guest, Dominic Veneziano, former Director of Import Operations at the FDA, provides key insights from his vast experience in the field. Illuminating topics discussed within this episode range from logistics challenges, navigating intricate regulations, to improving clearance processes and cycle times. Dominic shares his unique perspective…
The United States is preparing to impose new sanctions on Iran as part of its ongoing efforts to disrupt its malign activity in the region, according to Treasury Secretary, Janet Yellen. Speaking at a news conference on the sidelines of the International Monetary Fund and World Bank spring meetings, Yellen warned that the measures, expected…
