Thursday, October 11, 2018 Sandler, Travis & Rosenberg Trade Report As the impact of the Trump administration’s Section 301 tariff hikes on imports from China spreads, and the threat of duty increases on even more Chinese goods continues to grow, businesses are looking for ways to minimize their exposure to these additional costs. For importers […]
Wednesday, October 10, 2018 Sandler, Travis & Rosenberg Trade Report The Treasury Department’s Office of Foreign Assets Control announced Oct. 5 that a major bank has agreed to pay $5.3 million to settle its potential civil liability for processing payments that appear to have been attributable to interests of sanctions-targeted parties. OFAC states that this […]
Monday, October 08, 2018 Sandler, Travis & Rosenberg Trade Report The Department of Labor’s Bureau of International Labor Affairs is requesting comments and information no later than Jan. 11 to be used in the preparation of certain documents regarding child labor and forced labor in foreign countries. The Trafficking Victims Protection Reauthorization Act of 2013 […]
Friday, October 05, 2018 Sandler, Travis & Rosenberg Trade Report Digital technologies such as the Internet of Things, artificial intelligence, 3D printing, and blockchain will add up to 34 percentage points to trade growth by 2030 thanks to lower costs and higher productivity, according to the World Trade Organization’s 2018 World Trade Report. However, these […]
Thursday, October 04, 2018 Sandler, Travis & Rosenberg Trade Report A provision in the updated NAFTA concluded this past weekend could make it more difficult for Canada and Mexico to pursue potential free trade agreements with China. Observers say the Trump administration could look to insert a similar provision in possible FTAs with the European […]
Wednesday, October 03, 2018 Sandler, Travis & Rosenberg Trade Report The International Trade Commission is seeking input for a newly instituted investigation of the effects on the U.S. economy of the duty suspensions and reductions in the miscellaneous trade bill enacted into law Sept. 13. The ITC states that it will provide a broad assessment […]
Tuesday, October 02, 2018 Sandler, Travis & Rosenberg Trade Report The U.S., Canada, and Mexico announced Sept. 28 an agreement to modernize the 25-year-old North American Free Trade Agreement. The U.S.-Mexico-Canada Agreement is expected to be signed by Dec. 1, which could bring it up for congressional consideration in early 2019. According to fact sheets […]
Goodbye, NAFTA. Hello, ‘USMCA.’ The deal has a new name, new rules for cars and trucks, and labor and IP protections. Trump praises new trade deal with Mexico and Canada President Trump introduced the new USMCA trade deal with Mexico and Canada on Oct. 1, to replace NAFTA. (Reuters) By Heather Long, taken from https://www.washingtonpost.com October 1 at […]
Monday, October 01, 2018 Sandler, Travis & Rosenberg Trade Report Food facilities required to register with the Food and Drug Administration must renew their registrations between Oct. 1 and Dec. 31. Food being imported or offered for import into the U.S. from a foreign facility for which registration has not been submitted or renewed must […]
Monday, October 01, 2018 Sandler, Travis & Rosenberg Trade Report The Committee for the Implementation of Textile Agreements has announced the fiscal year 2019 (Oct. 1, 2018, through Sept. 30, 2019) limits on duty- and quota-free imports of apparel articles assembled from regional and third-country fabric under the African Growth and Opportunity Act. Apparel articles […]
Friday, September 28, 2018 Sandler, Travis & Rosenberg Trade Report The Food and Drug Administration is soliciting businesses with multiple food processing facilities that implement centrally-developed supply chain programs and recall plans to volunteer for two-tier inspections. For participating facilities, FDA will assess the adequacy of written supply-chain programs and recall plans as well as […]
Friday, September 28, 2018 Sandler, Travis & Rosenberg Trade Report The Food and Drug Administration is soliciting businesses with multiple food processing facilities that implement centrally-developed supply chain programs and recall plans to volunteer for two-tier inspections. For participating facilities, FDA will assess the adequacy of written supply-chain programs and recall plans as well as […]