BIS and OEE Set New Guidelines on Export Enforcement – Thereās a New Sheriff in Town
In a recent fireside chat hosted by the Silverado Policy Accelerator, Mr. Axelrod, shared many insights into the direction of Bureau of Industry and Security (BIS) priorities and what the trade may expect from the Office of Export Enforcement (OEE) in the coming year.
IMMEX – More of What You Need to Know
IMMEX is an acronym that in Spanish stands for Industria Manufacturera, Maquiladora y de Servicios de Exportacion (Manufacturing, Maquiladora and Export Services Industry). It is a program from the Mexican federal government focused on promoting foreign investment, exports, creation of jobs, development of technology, etc.
Cautions When Marking and Labeling Goods for Export from the United States
Many importers are familiar with marking and labeling requirements for products imported into, and sold in the U.S. These include mandatory requirements such as U.S. Customs country of origin marking and labeling requirements, Federal Communications Commission labeling for certain electronic equipment, specific labeling for certain consumer products under the Federal Trade Commission and Consumer products Safety Commission, as well as a host of other mandatory marking and labeling requirements of other regulatory agencies for specified products.
Executive Order on Digital Assets a Welcome Start to Responsible Regulation
ByĀ James Holbein, Braumiller Law Group PLLC The President issued an Executive Order on Ensuring Responsible Development of Digital Assets on March 9, 2022. Ā Ā The value of the cryptocurrency and digital assets sector exceeds $3 trillion and has the potential to grow much larger with proper regulation.Ā No country has taken a lead role to develop […]
Evolving Legal Issues for NFTs
By Justin Holbein andĀ James Holbein, Of Counsel, Braumiller Law Group* Introduction to NFTs Throughout 2021 and 2022, Non-fungible tokens (NFTs) have increasingly grown into public awareness. People often hear about NFTs through collectible projects like Bored Ape Yacht Club, CryptoPunks, and World of Women. Usually, people then encounter the hype, interest, and indignation about what […]
Vietnam Trade, An Overview, Part 2 The Doi Moi Reforms Modernizing Vietnamās Trade Economy
The Doi Moi reforms were officially initiated in Vietnam in 1986 following many years of struggles resulting from the reunification of North Vietnam and South Vietnam in 1975 and had adopted the Soviet Unionās economic style of central planning and self-isolation.
Refunds Available? USTR Announces Reinstated Section 301 Exclusions
Since the end of 2020, almost all companies were forced to begin paying the Section 301 duties as most available exclusions expired. This was a major hit for companies who were relying on the exclusions, as the additional duties were either 25% (List 1, 2, and 3) or 15% (List 4A).
The Uyghur Forced Labor Prevention Act & The Future of Forced Labor Enforcement
The Uyghur Forced Labor Prevention Act (āUFLPAā), which takes effect on June 21, 2022, bans the importation of all goods made in the Xinjiang Uyghur Autonomous Region (āXUARā) in China. President Biden signed this law on December 23, 2021, which unanimously passed both houses of Congress.
Incursion and World Trade, and What Ties Them Together The Benjamins, From a U.S. (individualās) Perspective
If you wake up each day, grab a cup of coffee, and turn on the world news, or CNN, like I do here in the U.S., one could obviously become a little pessimistic about our future together on this planet. I say, fear not, and look at the bright side.
How to Choose the Right Mexican Customs Broker?
Are you importing into Mexico and your customs operation requires the services of a Mexican Customs broker? If the answer is yes, then this information is important for you because errors or violations on your operation, even if committed by the broker or its personnel, might hold you as the responsible party before the eyes of the authority.
