Tuas Megaport in Singapore, An Upcoming Model to the World in Port Operations, and soon to be Light Years Ahead of the Globes Largest Ports

Tuas port

The Maritime Port Authority (MPA in Singapore) is currently in the process of building the Tuas Port, which will be the biggest port in the world with a capacity of 60 million TEU’s (twenty-foot equivalent units) once it is fully completed in 2040. PSA, the company taking the lead in the construction has implemented a four-phase process, with the first phase officially opening this September 2022, with three berths being operational.

Understanding the America Competes Act of 2022 – What Upcoming Major Changes to International Trade Law Should You Know About?

Act of 2022

The House Committee on Science, Space, and Technology recently voted to advance the America Competes Act of 2022 “the Act.” This comes after the Senate passed its version of the bill, the U.S. Innovation and Competition Act, in June of 2021. The focus of the Act is to strengthen America’s scientific and technological activities in the 21st Century, in order to be able to compete with China in these critical fields in the future.

New Importer, Old Baggage Successor Liability for Antidumping & Countervailing Duties

Countervailing Duty

Imagine your company imports from a vendor in Vietnam and sells them at a competitive margin in the U.S. Business is so-so until the Department of Commerce conducts an Antidumping or Countervailing Duty (“AD/CVD”) review that encompasses your company or its foreign vendor and determines the origin of your goods to be China, which causes you to owe backlogged AD/CVD at rates over 100% ad valorem for the past year.

The Case for Global Trade Compliance

global trade compliance

By: Mike Smiszek, Senior Trade Advisor, Braumiller Consulting Group Holistic is a word rarely associated with the highly regulated world of global trade compliance, but it’s an apt word to describe a successful compliance program.  According to the Oxford English Dictionary, holistic means “characterized by comprehension of the parts of something as intimately interconnected”.  In the […]