Incursion and World Trade, and What Ties Them Together The Benjamins, From a U.S. (individual’s) 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.
Understanding the America Competes Act of 2022 – What Upcoming Major Changes to International Trade Law Should You Know About?
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
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.
Legal Issues Confronting Formation and Operation of a Decentralized Autonomous Organization (DAO)
“A decentralized autonomous organization (DAO), is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.”
The Case for 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 […]
Post-Brexit International Strategy: Freeports EU Series of Articles
By: Joaquin Pampin-Galan, U.S. Customs and International Trade Paralegal/Spain Attorney, Braumiller Law Group Free Trade Zones (“FTZ”) are being introduced into the United Kingdom (“UK”) as part of the post-Brexit landscape. In a measure aimed at developing the UK’s trade strategy, the Government announced the creation of eight new freeport zones in England. The selected locations are East Midlands […]
The Newly Appointed USTR Katherine Tai, Who is She, and What Does This Mean for World Trade?
By Brandon French, Associate Attorney, BLG On March 18, 2021, the Vice President, Kamala Harris, appointed Katherine Tai as the United States Trade Representative (USTR). This came after the Senate confirmed Tai by an overwhelming 98-0 vote. Before her appointment as the USTR, Tai served as the chief Democratic trade counsel for the House Ways […]
A Post COVID Surge, and a Variety of Port Issues
There are reasons to be optimistic about the economies of the world bouncing back from the pandemic in 2021, and at the same time, the major push to restock the world’s supply of goods has been met with a variety of problems.
Exporting to Russia? Things Just Got (More) Difficult
Exporting to Russia is already a challenge. There are OFAC sanctions arising out of the Ukraine/Crimea situation, Military End User controls, and the usual export licensing requirements.
Brexit: A process, not an event.
On December 24, 2020, the United Kingdom (“UK”) and the European Union (“EU”) concluded the EU-UK Trade and Cooperation Agreement (“TCA”) which came into force on January 1, 2021. While the UK was in the EU, trade between the two blocs was governed by the EU’s Single Market and Customs Union rules