Australian National Sentenced for Illegally Exporting Aircraft Parts to Iran
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Australian National Sentenced for Illegally Exporting Aircraft Parts to Iran

BOSTON – An Australian national sentenced March 21 to two years in federal prison on four counts of violating the International Emergency Economic Powers Act. Which criminalizes knowing transactions with Iranian entities without a license from the U.S. Department of Treasury. David Russell Levick, 57, of Cherrybrook NSW, Australia, who previously pled guilty to the…

What Happens If The USMCA Doesn’t Happen?
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What Happens If The USMCA Doesn’t Happen?

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. Executive Summary The U.S. Congress has not yet ratified the United States-Mexico-Canada…

8 Strategies GE is Using to Mitigate Tariff Cost
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8 Strategies GE is Using to Mitigate Tariff Cost

If you can’t move production to avoid tariffs like the companies in the story below, make sure to get the training you need to make sure you are properly classifying products and applying the correct tariff rates.  Don’t take a risk, get training here.   HOUSTON — GE was blindsided when President Donald Trump’s tariffs…

NAFTZ Releases Study Documenting Positive Impacts of U.S. Foreign-Trade Zones on Regional Economies
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NAFTZ Releases Study Documenting Positive Impacts of U.S. Foreign-Trade Zones on Regional Economies

Washington, DC – An economic study by a leading research firm concludes that U.S. Foreign-Trade Zones (FTZs) have a positive impact on employment growth, wage growth, and value-added growth in American communities. Compared to similar communities without FTZs. The study, “The U.S. Foreign-Trade Zones Program: Economic Benefits to American Communities,” was conducted by the Trade…

2019 Trade Update: Compliance Issues in Focus
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2019 Trade Update: Compliance Issues in Focus

As trade compliance professionals, we joke that our family members now finally understand what we do for a living. In fact, 2018 has been the year that anybody with access to a news platform has become well acquainted with the concepts of global trade compliance. Both shippers and logistics service providers are certainly on the…

Temporary Lull Doesn’t Heal the Wounds of Trade War
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Temporary Lull Doesn’t Heal the Wounds of Trade War

President Trump hailed an agreement reached with China in late 2018 at the Group of 20 summit in Buenos Aires to temporarily halt a scheduled tariff increase for 90 days. “One of the largest deals ever made” and claimed China would be “getting rid of tariffs.”  If you read the news headlines, you might have thought…