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GSP and Sets
Here’s a question. Assume pots and pans from Thailand individually qualify for duty-free entry into the United States under the Generalized System of Preferences (“GSP”). That means they have 35% of their value derived from Thai-origin materials or costs and are shipped directly from Thailand to the U.S. So far, so good. Now assume that…
Is Trade Compliance the Lone Ranger?
Is Trade Compliance the Lone Ranger? There are companies, surely not yours, where various departments are viewed as spokes around the hub of the trade compliance department. Each department operates as if trade compliance is accomplished “out there somewhere” rather than taking an active part in making sure the company meets its import and/or export…
Chocolate Exporters by Country
Global sales from chocolate exports by country amounted to US$26.4 billion in 2016. Overall, the value of chocolate exports was up by an average of 10.6% for all exporting countries since 2012 when chocolate shipments were valued at $23.9 billion. Year over year, the value of exported chocolate increased by 2.8% from 2012 to 2016….
Ensuring a Secure Critical Metals Market: Canada’s Growing Concern
In an increasingly electrified world, the demand for critical metals used in electric vehicle (EV) batteries is reaching new heights. However, concerns have emerged regarding market manipulation and dumping practices in the critical metals industry, prompting key players like Canada to seek alternative pricing models. This blog post delves into Canada’s growing concerns, the need…
Supply Chain: Risky Business
Never is your supply chain as important as when you no longer have access to it. Even the smallest business realizes the impact of losing just one step of the chain. One weakness in a link can often mean a breakdown of the entire chain. These disruptions and delays can have a massive impact, potentially…
Mexico seeks US talks over car-rules dispute under trade pact
Mexico is seeking formal consultations with the U.S. over rules for cars shipped across regional borders under a year-old trade agreement as it seeks to de-escalate a conflict that emerged last month. The Mexican government wants the talks in order to avoid or settle a potential dispute over the requirements the U.S. is imposing on…