News Articles

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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https://www.braumillerlaw.com/how-to-choose-right-mexican-customs-broker/

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.

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Act of 2022

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.

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antidumping

I Just Found Out My Imported Goods are Subject to Antidumping – What Should I do?

Currently there are close to 400 active antidumping cases involving nearly 40 countries. The cases cover a wide range of products including steel commodity products and steel articles (number one category), chemical products, other metal commodities and articles, plastics and rubber products, food products, paperboard and manufactured articles. Key countries subject to ADD are China (number one country by far), Korea, Indonesia, Taiwan, Thailand, Turkey, and Vietnam.

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Prior Disclosure

2022: Prior Disclosure Woes

The year is 2022, and companies are turning over a new leaf, making a concerted effort to become compliant with U.S. Customs laws and practices. Seemingly, there are no downsides to conducting a comprehensive Customs compliance review and submitting a Prior Disclosure under 19 U.S.C. § 1592(c)(4) and 19 C.F.R. § 162.74.

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Constellations

Constellations

There are 88 constellations officially recognized by the International Astronomical Union. This list of modern constellations was adopted by the IAU in 1922 and 36 modern constellation lie principally in the northern celestial hemisphere, while 52 are found in the southern sky. Ancient sailors navigated maritime trade routes using a combination of techniques including celestial navigation which is 4,000 years old. In the beginning it was primarily a multitude of spices traded among the various Mediterranean routes. To this day, the spice and seasoning trade is changing world history and has a market projected to grow to $26 billion by 2029. Braumiller Law Group loves the science behind global trade compliance.

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Buy American Act

The Buy American Act

The Buy American Act (BAA) was enacted during the Depression in 1933 to encourage the federal government to buy from American companies. To qualify as a domestic product the manufactured product must meet two requirements. First the end product must be manufactured I’m the United States, and second, the end product must be made of substantially all U.S. sourced components. This percentage threshold has increased to 65%. Some companies are following the new Buy America preferences, while others may need to make significant adjustments to their supply chain and domestic manufacturing processes to meet the stringent “produced in the U.S.” requirements.

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ior

Who is the IOR? Importer of Record

One of the most common questions asked within our initial consultation with clients is, who is the IOR? The Importer of Record (IOR) is the essential entity in international trade. It is the one who is responsible for complying with all customs regulations, facilitating smooth import operations and managing all potential legal liabilities. It is essential when conducting due diligence and avoiding penalties.

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Coffee

Ahh Coffee

About $10 billion in coffee was imported into the U.S. in 2022 with 50% primarily coming from Brazil and Columbia at roughly $2.2 billion each. It’s a staple in the majority of American’s daily lives via a kick of caffeine in the morning. The amount of business discussed daily over numerous cups of java goes without saying. If you’d like to have a cup with us and have a chat about anything international trade compliance related, we’ll be here. BLG can help you with Global Trade Compliance.

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ftz

Hot Topics in International Trade with Robert Stein-FTZs

Bob Brewer introduced Robert Stein who is a VP and newest member of BCG. The FTZ (Foreign Trade Zone) program helps companies save money, and promote U.S. jobs and exports. The FTZ program offers benefits in a time of increased tariffs and requirements that companies should look at more closely. Many companies have not been taking advantage of FTZs and should consider them.

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Chess Match

Chess Match

In the world of international trade not all regulations seem to be in black and white as there is some grey area. But if you choose to play a chess match with customs, based on our experience you stand a good chance of self-destructing. Global Trade Compliance is what we do.

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CTPAT

CTPAT

Customs Trade Partnership Against Terrorism is about building supply chain security and mitigating risk. CTPAT is an ever-evolving security program that was inaugurated by Customs and Border Protection in 2001 under the newly establish Department of Homeland Security. Today is is a multi-layer cargo strategy that works with the trade community to support and strengthen international supply chains. There are at least a dozen benefits to the program including reduced number of CBP examinations, front of the line inspections, shorter wait times at the border, possibility of enjoying additional benefits by being recognized as a trusted trading partner by foreign customs administrations that have signed a Mutual Recognition Agreement with the United States, eligibility for other U.S. government pilot programs such as the FDA’s secure supply chain program, priority consideration at CBP’s industry focused Centers of Excellence and Expertise, the best approach is to have a guide assist int he process of applying for entrance into the program and we just happen to have a CTPAT expert on campus.

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