sanctions

The New Foreign-Direct Product Rule for Third-Country Exports to Russia

by George W. Thompson
June 1, 2022June 1, 2022

Sanctions imposed on Russia by the BIS The February 24 sanctions imposed on Russia by the BIS have put in place a vastly expanded definition of the foreign-direct product rule, which will pose significant compliance challenges. In the following transcript George Thompson details which products are affected by the new rule and how itRead More »

The Unverified List: What it Means to Exporters, Re Exporters, and In-Country Transferors

by George W. Thompson
April 26, 2022May 24, 2022

The Unverified List The Commerce Department’s listing of foreign companies subject to restrictions on all items included in the Export Administration Regulations, has received increased attention as a result of the recent addition of 33 Chinese industrial and technology companies to the list. The following transcript from George Thompson's video, explains what the Unverified ListRead More »

Top 10 Biggest Regulatory Violators

by GTC
October 18, 2021May 9, 2022

Here Is One List You Don’t Want To Be A Part Of Getting recognition for your accomplishments and outstanding achievements can be humbling and an… Read More »Top 10 Biggest Regulatory Violators

US/Mexico/Canada Agreement Strengthens American Workers and Competitiveness – Heidi Heitkamp

by GTC Repost
April 9, 2019June 21, 2022

If you can't move production to avoid tariffs like the companies in the story below, make sure to get the training you need. Make sure you are properly classifying products and applying the correct tariff rates. Don't take a risk, get training here. At 25 years old, the North American Free Trade Agreement (NAFTA) isRead More »

CBP, BIS, and Other Agencies Launch a New Task Force To Combat Counterfeit Goods

by Jennifer Diaz
March 27, 2019June 20, 2022

The Department of Homeland Security (DHS) published a press release announcing a new multi-agency task force, The Global Trade Task Force (GTTF), which is designed to protect national security and combat counterfeit goods. The multi-agency task force was launched recently in Detroit. DHS believes the task force could serve as a national model for related investigations. DHS developedRead More »

Tariffs Raise Concerns Among Business Leaders

by GTC Repost
March 20, 2019June 20, 2022

If you can't move production to avoid tariffs like the companies in the story below. Make sure to you are properly classifying products and applying the correct tariff rates. Don't take a risk, get training here. In response to the U.S. – China trade deal meeting delay, American business leaders continue expressing concerns, stating thatRead More »

If Convicted, Huawei Faces Bigger Problems than Fines

by GTC Repost
January 31, 2019January 31, 2019

CHINESE TELECOM GIANT Huawei could face millions in fines if convicted of all charges in two indictments unsealed by the US Department of Justice Monday.… Read More »If Convicted, Huawei Faces Bigger Problems than Fines

Here’s what happens next in the Huawei CFO case

by GTC Repost
January 14, 2019June 20, 2022

The Huawei sanctions fraud case rattled markets, stunned the tech world and put U.S. agencies on the spot. All three will be monitoring the next several weeks to see… Read More »Here’s what happens next in the Huawei CFO case