The U.S and India Trade War, Well kind of… They’re keeping it Friendly for Now
What war? We’re on the right track. The trade deficit between India and the United States has decreased by nearly 7% to USD 1.6 billion in 2018, when compared to 2017. India recorded a decrease in the deficit from USD 22.9 billion in 2017 to USD 21.3 billion in 2018, according to the latest figures by the Bureau of Economy Analysis.
A.I. and Classification: Could the Robots Do a Better Job?
Are the robots taking over? Last week, I stopped by McDonalds, placed my order on a computer, pulled out my phone and used an app to make a doctor’s appointment, and then later deposited a check through a different app on my phone. All of these jobs that used to be performed by humans are now being taken over by technology.
Go Get Registered with Customs: CBP Form 5106 Create/Update Importer Identity Form – Updated and Revised
CBP Form 5106 is used to identify the importer of record to U.S. Customs & Border Protection (CBP). It is typically used by surety agents when filing a bond, customs brokers for a new client. or importers to establish or change their number or address. If an importer does not have an employer’s identification number (EIN).
CIT‘s First Jury Trial in 20 Years
The Court of International Trade (CIT) is slated for its first jury trial in 20 years. The case? U.S. v. Univar USA Inc. What’s so special about it? On March 26, 2019, Judge Barnett of the Court of International Trade ruled that a jury can, indeed, rule on the ultimate question of 19 U.S.C. § 1592 (Penalties for Fraud, Gross Negligence or Negligence) liability, but the jury cannot rule on the amount of civil penalties stemming from § 1592 liability.
Section 301 Considerations When Importing from a NAFTA Country
With the advent of the Section 301 tariffs, an issue that has been raised frequently is how to accurately determine the country of origin for Section 301 tariff purposes for goods imported from a NAFTA country. The NAFTA sets forth rules for determining the “country of origin” of products traded within the NAFTA territory under 19 CFR Section 102.
Imposition of Russian Sanctions
One of the more interesting developments in the trade world is the recent addition of Russian businesses and individuals to the Specially Designated Nationals List (SDN List) by the U.S., Canada, and EU. On March 15th, the U.S. Treasury Department announced that the Office of Foreign Asset Controls (OFAC) added six individuals…
We would like to take this opportunity to proudly announce our newest addition to the Braumiller Consulting Group team. Welcome Kim Martin!
Kim Martin, a former Import Specialist for U.S. Customs and Border Protection (CBP) for 10 years, is knowledgeable in a myriad of Customs requirements and regulations including tariff classification, Anti-dumping and Countervailing (ADD/CVD), Free Trade Agreements (FTA) and other government agency requirements.
