The United States has recently imposed sanctions on a Chinese cyberespionage firm for allegedly hacking into the US energy industry. This action is part of broader efforts to address cybersecurity threats and safeguard national security. This blog post will focus on the trade aspects of the article, exploring the potential impact on global trade relations…
US Lawmakers Push for Tariff Hike on Chinese-Made Drones A group of bipartisan lawmakers in the US has asked the Biden administration for a tariff increase on Chinese-made drones, including those shipped from other countries, to counter national and economic security threats. The lawmakers specifically targeted drone makers like DJI and Autel and asked for…
The Customs Broker Continuing Education program aims to ensure that licensed customs brokers stay updated on developing customs regulations and U.S. trade laws. This program, governed by the Continuing Education for Licensed Customs Brokers Final Rule, mandates the completion of 36 continuing education credit hours during each triennial status period. However, for the initial 2024-2027…
As the automotive industry continues to evolve, the rise of Chinese carmakers and their expansion into international markets is becoming increasingly evident. In a recent report by Automotive Logistics, it is clear that China is targeting Europe for electric vehicle (EV) sales, leveraging the recovery of roll-on/roll-off (ro-ro) capacity and navigating geopolitical disruptions. European ports…
The consumer products, retail, and logistics industries are experiencing challenges with their digital transformation, and lag behind other sectors, posing issues in pursuing solutions driven by artificial intelligence (AI). A recent study conducted by Forrester Research reveals that cost-cutting measures targeting supply chains threaten the progress of consumer goods and logistics companies in digitization efforts….
In a recent development, the United States Department of State has reached a settlement with The Boeing Company, one of the world’s largest aerospace manufacturers. The settlement, amounting to $51 million, aims to resolve 199 export violations of the Arms Export Control Act (AECA) and the International Traffic in Arms Regulations (ITAR). This blog will…
Chinese Companies Unlikely to Succeed in Challenging UFLPA Entity List The Court of International Trade recently ruled that Chinese companies, specifically Ninestar Corporation and its affiliates, are unlikely to succeed in their case challenging their placement on the Uyghur Forced Labor Prevention Act (UFLPA) entity list. In the court’s opinion, it was determined that the…
Decline in Red Sea Shipping Amidst Regional Unrest According to a report by the Kiel Institute for the World Economy, container shipping through the Red Sea and Suez Canal has experienced another decline due to the ongoing conflict in the Middle East. The number of containerships using this route, which connects Europe to Asia, has…
In a significant legal development, Hoshine Silicon (Jia Xing) Industry Co., Ltd., a Chinese silicon producer, has lodged a complaint with the United States Court of International Trade (USCIT) against the U.S. Customs and Border Protection (CBP). The complaint challenges CBP’s decision to issue a withhold release order (WRO) against Hoshine Silicon Industry Co., Ltd….
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…
The European Union (EU) has taken a significant step in fighting forced labor by agreeing to ban products made with forced labor from entering its single market. The European Union Council and the European Parliament reached a provisional agreement on Tuesday that clarifies the responsibilities of the EU Commission and member states in identifying companies…
Recent reports have shed light on allegations of forced labor with the Chinese app Temu. Following a $21 million Super Bowl ad blitz, the app has faced scrutiny from US lawmakers. In response, demands for an import ban on goods purchased through the app have surfaced. Let’s delve into the details surrounding this controversy and…
