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2018 CTPAT Conference Dates Announced!
U.S. Customs and Border Protection is proud to announce the 2018 CTPAT Conference. The conference will be held in Orlando, Florida. The conference will be September 12 and 13, 2018. September 12, 2018, will be general session with multiple speakers and panel discussions. September 13, 2018, will be a day of workshops. Both days will…
Brexit Import Charges Could Lead to Higher Food Prices, Warn Trade Groups
Trade groups in the United Kingdom are sounding the alarm about potential increases in food prices following the government’s decision to impose post-Brexit charges on imports of EU food and plant products. The new fees, known as the common user charge, are set to apply to small imports of animal products and plants entering the…
Industry leaders are ‘freaking out’ about tariffs and clamoring for warehouses in this loophole-friendly Mexican border town
Even as the US President Donald Trump’s trade war with China ramps up, some manufacturers and retailers are not moving their factories out of China. Instead, some are taking advantage of a little-known tax law called the “first sale rule” that allows companies to significantly undercut how much they pay in tariffs. Other e-commerce players are…
How To Cure The Letter Of Credit Headache
The Challenge: My firm has just received an order for shipment of one of our machines under a letter of credit for only the second time. The last order under a letter of credit was just a miserable experience! We spent hours preparing our documents; yet when we submitted them to the bank selected by the…