Merger Control Aims to Check Monopolies Monopolies are generally considered to be anti-consumer for the simple reason that they can become complacent once they haveeliminated the threats posed by competitors. Without competition their products or services can get away with being lower quality, inefficient, lacking innovation, and increasing prices.They can also put hurdles in the […]
By: Adrienne Braumiller, Founding Partner, Braumiller Law Group The United States-Mexico-Canada Agreement (USMCA) has officially been ratified by all three North American parties, now what? For one thing, the United States, Canada, and Mexico must develop uniform regulations with an effective date prior to, or on June 1, 2020 which is the official implementation date of […]
By: Bob Brewer, Braumiller Law Group I know, I know, some would say, “Are you kidding? They started this pandemic”? Yes, it did start in Wuhan, in China, but finger pointing at this time is not going to help either of us rebound from the economic impact that it has caused both countries. Living in the […]
CBP is Accepting Requests for Duty-Payment Extensions Due to the fact that COVID-19 is having a major impact on the Trade industry, U.S. Customs and Border Protection (CBP) is now accepting requests for duty-payment extensions. Interested parties should send requests to Director Randy Mitchell by email at [email protected]. CBP expects to issue a Federal Register notice in […]
March 10th, 2020 By S. George Alfonso, Of Counsel, Braumiller Law group The month of March has brought a deluge of cancellations of international conferences, travel and severely affected markets around the world, all due to the spread of “COVID-19” – the newest strain of the “Coronavirus” which was first discovered last December in Wuhan, […]
Robert B. Silverman of Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt LLP has provided a lovely testimonial for IR Global which we would like to share: “On Saturday night one of my colleagues received word that one of his U.S. clients had been arrested in France in connection with the importation of certain antiquities. He was looking for […]
At the outbreak of the Corona virus epidemy, deliveries of goods under contracts are affected in many imaginable or unimaginable ways. The same may even happen with the provision of services but it is better to confine ourselves to the delivery of goods here. We should simply mention a couple of examples in technology trade […]
The African Continental Free Trade Area (AfCFTA) is a free trade area, outlined in the African Continental Free Trade Agreement among 54 of the 55 African Union nations. The free-trade area is the largest in the world in terms of participating countries since the formation of the World Trade Organization. Nigeria and Benin were the […]
Determining the correct classification of goods is arguably paramount to any good trade compliance program. However, many companies misclassify their goods at an astonishing rate. While this may be good for business for trade compliance consultants like myself, it isn’t good when it comes time for our client’s Customs audits. Let’s dig into some best […]
President Trump signed the Phase 1 Agreement with China on January 15, 2020. As part of the agreement, China has pledged to purchase $200 billion worth of goods and services over the next two years – this would be a 50% increase from the current levels. The $200 billion worth of goods and services are […]
On Jan. 1, 2020 the Japan-United States Free Trade Agreement went into effect. The agreement provides duty-free, or reduced duty treatment, for certain Japanese imports into the U.S. and certain U.S. exports to Japan. The implementation details were printed in the Federal Register on Dec. 30, 2019 (84 FR 72187). The implementation was actually a […]
U.S. Department of Homeland Security (DHS) data shows that between the years 2000 and 2018, seizures of counterfeit goods at U.S. borders have increased 10-fold, from 3,244 seizures per year to 33,810. In response to this surge, in April of last year, the Trump Administration published its Memorandum on Combating Trafficking in Counterfeit and Pirated Goods, prioritizing […]