New Tariff on Chinese Goods Takes Effect September 1st

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President Trump made the surprise announcement yesterday following trade talks in Shanghai this week that he will go forward with a 10% additional tariff on List 4, otherwise known as the remaining $300 Billion in Chinese goods that are not already being hit with an additional tariff.

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Topics: Asia, North America

India - US Trade Conflict

India-US Trade Conflict

Finally, the gloves are out from both sides. The Indian Government has decided to implement retaliatory duties on 28 goods originating in or exported from the US. The increased tariffs have been made applicable from June 16, 2019.

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Topics: Asia, North America

Tariffs Are Coming... 3 Things to Know Today

Trade Changes

After what seemed like a relatively calm few weeks in International Trade (relatively speaking), the winds have suddenly picked up, catching many off guard this morning and wondering if we were simply in the eye of the storm all this time. So, what happened? 

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Topics: Duty Drawback, North America, HS Classification

Human Trafficking & Anti-Slavery Regulations: Do they affect your business?

tradelaneAssests

In order to combat slavery and human trafficking throughout the world, many governments have implemented regulations that require companies to disclose their efforts in ending this worldwide epidemic.
 
An estimated 40.3 million people are victims of modern slavery around the globe. This includes 24.9 million in forced labor and 15.4 million in forced marriage. Based on these figures, this means that 5.4 people out of every 1,000 are victims of slavery. One in four of these victims of slavery are children.1

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Topics: Europe, Export Consulting, Import Consulting, North America

Trade Compliance of Visual Merchandise Slips under the Radar

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For most retailers, the focus on trade compliance is usually on store merchandise. Most overlook the fact that the compliance of visual merchandise (furniture, lighting, store décor, etc.) is just as important if they are imported from overseas and the company/brand acts as the importer-of-record to those goods.

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Topics: Asia, North America, HS Classification