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Aluminum Association: Continued Industry Growth Depends on Tariff, Quota Free North America
During testimony at the U.S. International Trade Commission (USITC) today, Aluminum Association President & CEO Heidi Brock highlighted the urgent need for full, quota-free tariff exemptions for Canada and Mexico as part of the newly-renegotiated U.S.-Mexico-Canada Agreement (USMCA). The comments were made as part of the USITC’s hearing, United States-Mexico-Canada Agreement: Likely Impact on the U.S….
Changes to International Fuel Surcharges Coming in 2020
]International fuel surcharges have been a topic of conversation and negotiation for carriers and shippers alike for many years. Fuel is a huge percentage of a carrier’s overall cost for operating their business. Carriers have historically utilized various fuel surcharges, from “emergency” to “interim,” in order to pass along volatility of these costs to their…
Navigating the Changing Landscape: Key European Trade Regulations Impacting Supply Chains in 2024
The European Union is introducing seven new trade and customs regulations that will impact European supply chains in 2024. These new directives will require businesses to remain vigilant and prepared for upcoming changes in compliance requirements. With the rapidly evolving landscape of international trade, it is becoming even more necessary to have a comprehensive understanding…
From Forbidden Tech to Bold Moves: The Harsh Consequences of Violating Trade Regulations and the Urgent Plea to Trump
A Harsh Reminder of the Consequences of Violating International Trade Regulations In an intriguing case, Saber Fakih, a UK citizen, has been sentenced to 18 months in prison for attempting to export US technology to Iran. Fakih, together with accomplices from Canada, the United Arab Emirates, and Iran, conspired to export an Industrial Microwave System…
Joining the CTPAT Program: A Smart Move for International Businesses
The Customs-Trade Partnership Against Terrorism (CTPAT) program is a voluntary program that provides benefits to importers and other parties involved in international trade in exchange for adopting supply chain security measures. The program was originally established as a cargo security program, but it has since been expanded to include the Trade Compliance Program (TCP) based…
Florida Residents Charged with Conspiring to Violate Iran Sanctions, Other Crimes
Three Florida residents have been charged in federal district court in Miami with crimes related to their alleged violations of U.S. sanctions on Iran, and money laundering. Defendants Mohammad Faghihi, 52, his wife Farzeneh Modarresi, 53, and his sister Faezeh Faghihi, 50, operated Florida company Express Gene. According to the criminal complaint affidavit, between October…