News Articles

sanctions

Evaluating the Efficacy of Sanctions on Russia

Since the Kremlin’s February 24th invasion of Ukraine, western countries have put in place extensive global financial ramifications. To gauge the extent of effectiveness, one must decipher the numbers behind Russia’s deceiving published economic statistics. One staggering implication of the trade war with the west lies within the entire collapse of the GDP growth acquired in the post-Soviet era.

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impact dao

ImpactDAOs: Shaping the Future of Regenerative Organizations

As Decentralized Autonomous Organizations (DAOs) have exploded into public consciousness, new types of DAOs are proliferating. A novel use case for DAOs, termed “ImpactDAOs”, are defined as “any DAO that creates net positive externalities to the ecosystem around it.” An ImpactDAO seeks to use web3 and crypto-economic principles to regenerate a system, increasing resources and sustainability over time.

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russian gas sanctions

European Countries Beware, Winter Is Coming, with Ice King Putin Leading the Charge

If you haven’t heard the words Ukraine or Russia within the last 5 months, one would assume that you must live under a rock, or that you’ve just decided to tune them out. Just as it seemed that we were on our way to being in the clear from the COVID pandemic and getting back to a little bit of normalcy within the global supply chain, the ever-so-sweet Putin decided to invade the Ukraine.

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ipef

U.S. Initiates Indo-Pacific Economic Framework in the South Pacific

On May 23 in Tokyo, Japan, the U.S., and other countries in the Pacific region launched the Indo-Pacific Economic Framework for Prosperity (“IPEF”). The countries included are Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam.

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uflpa

CBP Releases Guidance related to Complying with the Uyghur Forced Labor Prevention Act

U.S. Customs and Border Protection (“CBP”) released its first set of guidance relating to the Uyghur Forced Labor Prevention Act (“UFLPA”), which is set to take effect on June 21, 2022. CBP’s guidance takes the form of a website that is a homepage for UFLPA-related guidance, FAQs, webinars, graphics, and CBP contact information. This essential UFLPA homepage can be accessed at: www.cbp.gov/trade/forced-labor/UFLPA.

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food insecurity

Incursion and World Trade, Part 3: Over 120+ Days into the Global Effect of Inevitable Food Insecurity

Here we are, at the time of this writing over four months into the Russian invasion of Ukraine, with no end in sight. I will personally submit that I am, appalled that this, the murder of innocent civilians and devastation of another country’s infrastructure, can be permitted to continue, as we watch from the sidelines as if it was just another simple documentary on another war.

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section 301

Understanding the Statutory Four-Year Review Period of the Tariffs

Many importers are eagerly awaiting the United States Trade Representative’s (“USTR”) required four-year review of the Section 301 Chinese tariffs. Section 301 of the Trade Act of 1974 grants the Office of the USTR a range of responsibilities and authorities to investigate and take action to enforce U.S. rights under trade agreements and respond to certain foreign trade practices.

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Deemed-Export-Compliance

Primer on Deemed Export Compliance

A “deemed” export occurs when certain types of information are released to a foreign person. This primer seeks to describe the introductory concepts of deemed export enforcement in the United States.

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Russion-Sanctions-OFAC

Russian Sanction Updates and Reporting Requirements: What are your Responsibilities under OFAC?

In response to the Russian Federations’ (“Russia”) invasion of Ukraine, the U.S. Government has recently announced expansive economic sanctions against Russia and its economy. The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) imposed sanctions against multiple parties in Russia to deplete Russian resources for purposes of ending the war.

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US anti boycott laws

Antiboycott Compliance for U.S. Companies

A boycott is the organized and intentional refusal to engage in activity, whether directly or indirectly, with an identifiable specific group of persons in order to achieve a discriminatory policy objective based upon national origin, religion, ethnicity, race, gender, or other group characteristic.

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IMMEX

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.

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labeling goods

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.

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NFTs

Evolving Legal Issues for NFTs

By Justin Holbein and James Holbein, Of Counsel, Braumiller Law Group* Introduction to NFTs Throughout 2021 and 2022, Non-fungible tokens (NFTs) have increasingly grown into public

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Free Trade Agreements

Free Trade Agreements

The U.S. currently has 21 Free Trade Agreements (FTA’s) in place with 21 countries and you may not know which ones apply to your business. It could be Australia, Bahrain, Canada, Chile, Columbia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Korea, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore, Japan. We can assist you to qualify. Global Trade Compliance is what we do at BLG.

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light years

Light Years from China

A light year is 5.88 trillion miles and using the latest man-made vehicle, NASA’s Juno spacecraft traveling at 165,000 mph it would take 2,958 years to travel a light year. A cargo container traveling by ship from the Port of Shanghai, China to the Port of Los Angeles is 19,270 nautical miles and traveling at 10 knot, it takes 12-21 days. It just seems like 2,958 years if it’s your product onboard. Ever think of manufacturing in Mexico as an alternative? BLG has IMMEX experts onboard our ship. We love the science behind Global Trade Compliance.

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to err is human

To Err is Human

So you made a mistake and use the wrong classification code on your imports for the last year. To err is human and besides, we are not the most intelligent beings in the universe. Unfortunately customs does not take that into consideration. If you need a Prior Disclosure BLG can assist.

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20 foot box

20 Foot Box

The price to move a 20 foot shipping container from China to the U.S. depends on several factors such as the container type and condition, location of the port, supply and demand, market situation, and the shipping route. The price does not include any section 301 tariffs, and potential forced labor issues. This makes one wonder if manufacturing in Mexico would make more sense with an IMMEX. We have Mexico Legal Counsel who say it would.

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world view

Our World View

Check out the new Braumiller Law Group space suits we bought. Our view of the world is still pretty positive. It’s amazing how interconnected all of the economies of the world are regardless of conflict. Imagine the potential of world trade without conflict. What a beautiful world it would be. Global Trade Compliance is what BLG does.

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Forced Labor

Forced Labor Enforcement

Approximately 5000 shipments were detained by customs during FY 2023 due to Forced Labor enforcement. Anything manufactured wholly or in part in the Xinjiang Uyghur Autonomous Region of the People’s Republic of China, or produced by certain entities, is prohibited by section 307 of the Tariff Act of 1930 from entering the U.S. If you are importing from Asia it pays to know your first, second and third tier and any other suppliers. Detentions can be disruptive and expensive. We take a proactive approach.

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matrix relax

Matrix Relax

There are over 17,000 unique harmonized tariff classification codes and to the human eye it’s only ten digits. But to the human brain it can seem like a matrix when determining which one is actually the correct one to apply. The Harmonized System is organized into 21 sections, which are subdivided into 96 chapters and the the 96 chapters are further subdivided into 1,228 headings and 5,612 subheadings. The correct one means a great deal concerning compliance with customs and quite often a company’s bottom line if you get caught using the incorrect one. We live in the matrix, let us help.

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supply chain

Supply Chain Flow

A supply chain that seamlessly flows without complications particularly with customs, is called due diligence in the trade community.

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the orb

The Orb

This magical orb has nothing to do with Global trade compliance. You should relax because we’ve got you covered on global trade compliance.

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Bright Light

Bright Light

Braumiller Law Group (BLG) is a bright light among options, rising above the others. We are here to help you.

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