Hot Topics in International Trade De minimis with Robert Stein VP Braumiller Consulting
In this Hot Topics podcast, Bob Brewer intenviews Robert Stein, VP Braumiller Consulting on International Trade De Minimis. The full term is de minimus non carat lex which means the law does not concern itself with something so inconsequential. The de minims threshold was raised to $800 to relieve businesses of administrative burden but U.S. customs is looking at how the provision is being misused by exporters, especially China, to get around forced labor and fentanyl.
Hot Topics in International Trade Baltimore Bridge Collapse with Robert Stein VP Braumiller Consulting
Hot Topics in International Trade. BLG VP Marketing Bob Brewer sits down with Robert Stein, VP Braumiller Consulting Group and discusses the recent bridge collapse via the Dali at the Francis Scott Key Bridge in Baltimore.
De Minimis An Ever-Growing Problem of De Maximus ProportionDe Minimis
De minimisāÆis a term that refers to aāÆthresholdāÆbelow 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 ābad actorsā, 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.
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.
Parallel Imports, A Global Phenomenon,Ā And a Very Grey Area Regarding International TradeĀ
At the core of the definition, a Parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner. They are also goods that are not authorized for importation into the U.S. Itās a global phenomenon, a very grey area, and their presence varies across different parts of the globe.
U.S. Trade, Nearshoring & China Mexico is Becoming a Popular Manufacturing Destination
The implementation of trade policies in what many consider acts of protectionism and manipulation are the norm, and of course China and the U.S. are a prime example. Solutions include nearshoring, reshoring, and protectionism. Itās complicated, so for the purpose of this article, letās stick with nearshoring.
Hot Topics in International Trade: Web 3.0, digital assets, DAOās, blockchain
What is in store for Web 3.0, digital assets, DAOs, blockchain, and others. James Holbein discusses a future where these tools will be simple, fast and easy to use.
Hot Topics in International Trade: Policy and Structure of Crypto
James Holbein discusses the future of regulation and oversight of crypto currency, including from the U.S. Congress, the Fed, SEC, the U.S. Treasury Department, and other agencies.
Hot Topics In International Trade: Customs Broker Modernization Regulations 19 CFR 111
Bruce Leeds discusses the changing landscape for customs brokers amid changes recommended by COAC (Commercial Customs Advisory Committee) which is an advisory committee to U.S. customs. The result are changes to modernize regulations through an overhaul of part 111 of the customs the regulations, including responsible supervision and control.
Hot Topics in International Trade: Current Landscape of Crypto
James Holbein discusses FTX and the emerging crypto currency industry. He includes the importance of transparency offered by blockchain, something that FTX masked.
