BRICS – Shaping the Future of Global Finance and Investment
Imagine a world where five powerhouse nations are redefining the global economic landscape. BRICS—an acronym for Brazil, Russia, India, China, and South Africa—is not just a coalition of emerging markets; it is a formidable alliance shaping the future of global finance and investment. You can read about the coalition’s attempt to unseat the US dollar in our previous newsletter.
Hot Topics with Brendita
Mexico has positioned itself as an attractive destination for foreign investment, offering enhanced security, tax breaks, and infrastructure support making it easier for companies to setup operations. The Mexican government has also streamlined procedures for a more business friendly environment. Many Chinese companies are setting up operations in Mexico to be closer to their U.S. target market. BLG can help Chinese companies with their transition to Mexico.
Deep Thoughts on IMMEX by Bob
Is your company manufacturing in China and importing to U.S. and do you need a break from Section 301 tariffs, forced labor regulations, WRO detention, anti-dumping, etc.? If your U.S. market share warrants it, you might consider an IMMEX (Manufacturing, Maquiladora and Export Services Industry) in Mexico that BLG can help with our legal experts.
Overcoming Obstacles: Challenges Faced by China’s FDI in Mexico
China’s foreign direct investment (FDI) in Mexico has seen substantial growth in recent years, reflecting a strategic alignment with global economic shifts and regional trade dynamics. This trend positions China as one of the fastest-growing sources of foreign investment in Mexico, with the majority of investments flowing into the manufacturing sector.
机遇与挑战：中国企业赴墨西哥投资
中国在墨西哥的外国直接投资 (FDI) 近年来显着增长，这反映了中国与全球经济格局转变和区域贸易动态的战略性协调。这一趋势使中国成为墨西哥增长最快的外国投资来源国之一，其中大部分投资流向制造业。
De Minimis An Ever-Growing Problem of De Maximus ProportionDe Minimis
De minimis is a term that refers to a threshold below which certain goods are exempt from import duties or taxes. However, in the landscape of international trade, it has become a contentious issue for the United States. Those “bad actors”, and even some, not so bad, but willing to take advantage of a loophole have found a way around the tariffs. This so-called loophole of allowing goods with a fair retail value of $800 or less to enter the U.S. without paying an import tariff has become a monster that Customs needs to find a way to deal with conclusively.
Taiwan, Invasion & Trade, Part 2
President elect Lai Ching-te’s victory in Taipei ignited tensions across the Taiwan strait and now the geopolitical field waits to see if China will kick off World War Three. I’m only slightly joking, but Beijing has exerted diplomatic pressure on nations maintaining close ties with the island in the past and Taiwan’s decision to remain a democracy will no doubt ramp up China’s reunification process in the coming months. But how will that affect trade relations?
Hot Topics in International Trade with Kerry Wang
Hot Topics in International Trade. Bob Brewer, VP of Marketing, Braumiller Law Group sits down with the newest member of the team, Senior Associate Attorney, Kerry Wang. Kerry was born and raised in China, and is licensed to practice law in China as well as CA. She also spent 5 years in medical school in China, got to her residency, and decided to become an international trade attorney instead. (UCLA here in the states) Smart lady!
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.
The Frictionless Supply Chain Podcast with Adrienne Braumiller
Rosemary Coates interviews Adrienne Braumiller for an in depth conversation about the Uyghur Forced Labor Protection Act and the stress caused on global supply chains.