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Curious about the best strategy to secure your position in line for IEEPA tariff refunds? Contact Bob at bob@braumillerlaw.com.
We Have a Guru for That
We, Braumiller Consulting Group, have a solid team of gurus for trade compliance matters related to anything you my need assistance with inclusive of: Section 301 & 232 Classification Analyses, Section 301 Tariff Impact Analyses for Imports, and Import Processes and Global Customs, Export Processes, Licensing and Agreements, Risk Assessments, US Export Classification, Duty Recovery Opportunities, Compliance Manuals, etc.
Happy Holidays from BLG & BCG
Hot Topics in International Trade A Tariff Christmas Message for US Kids
Hey kids in the US please pay attention and beware. Yes, Santa is still coming but regarding this you should care. Due to the import tariffs on Chinese products his sack will be lighter but don’t blame Santa, the Christmas funds had to get tighter. He’ll still bring some gifts from your long Christmas list but some of those gift had still and aluminum parts so they got 50% hits. Please understand there is a trade war going on and our relationship with China isn’t that strong so just suck it up and feel blessed with what you have gotten. Maybe in another year these Christmas woes are forgotten. Merry Christmas and all that.
Hot Topics in International Trade Tariff Mitigation Strategies-Looking for Ideas
Looking for some ideas on how to mitigate tariffs? Have a few dragons in your supply chain? Need some assistance in planning a strategy? The trade seas probably won’t be calm anytime soon. And uncertainty has of course become the business norm. If you are seeking counsel, and not counselling, Then you may wish to chat with us in a 30-minute consultation to see if we can be of assistance. Just go to the websites and hit the Submit Your Project button.
What It Means to Believe
Some people believe that the first U.S. moon landing was staged in a Hollywood studio and some people believe the earth is flat. Others believe chocolate milk comes from brown cows. Some people believe shape-shifting lizard people secretly run the world’s governments and media. Some people believe that the U.S. import tariffs are paid by the exporting country, and if that’s true then a brown cow was the first to land on the moon. But this fact was of course hidden from us via shape shifting lizards running the government. Be true to what you believe. At Braumiller Law Group we believe that our focusing on Global Trade Compliance, and no other practice area will make you a believer in our capabilities.
Monkeys and Harmonized Tariff Schedule
If classifying product within the harmonized tariff schedule was so easy that a monkey could do it, where are all those monkey classifiers? Fact is, classifying product correctly takes a certain amount of expertise. There are 21 sections, 96 chapters, 1,228 headings (4 digit codes) and 5,612 sub-headings (6 digit HS codes). Countries like the U.S. expand these 6 digit codes for a more detailed classification and getting it right the first time is essential to ensure that the supply chain is compliant.
Tariffs on Canadian Lumber
With all that is going on in the world of trade these days it does beg the question: exactly how much wood could a woodchuck chuck if a woodchuck could chuck wood? If it’s Canadian wood and it’s being exported to the U.S. it’s getting a 35% tariff and to the U.S. home builders, it’s really chucked up!
Let’s Be Serious
It’s really no surprise that US Customs enforcement seems to be much more stringent these days given the mandates by the current administration. It would behoove one to, become more self-aware in the supply chain. Yes, we put out fires for a living but we also assist those who are proactive, implementing strategies and best practices to avoid those fires in the first place. Being proactive, it begs the question, when was the last time you conducted an audit of your supply chain classifications? Remember, Customs can go back five years in their audit of your supply chain. Global Trade Compliance is what we do at Braumiller Law Group.
BLG is Your Partner
Braumiller Law Group is your partner in international trade law. Global trade compliance to us… is just another day at the beach. Braumiller Law Group is recognized around the world for excellence and ranked in Chambers since 2015. We have import/export lawyers that can help in several areas in international trade with a main office in Dallas, TX and satellite offices in the U.S. and Mexico.