As our Vice President Michael Bellezza spoke about on June 26th, the pace of change in trade compliance regulations and requirements has never been swifter than in the past five years.
The United States market is not unique in grappling with these regulatory challenges. However, the formality with which US Customs & Border Protection, the US Bureau of Industry and Security, and other relevant government agencies enforce regulations, combined with the market size and trade volumes most US-based customers must manage, make this a jurisdiction where strategy and forethought are especially key to ensure trade compliance departments meet their goals.