The rapid growth of the solar industry in the United States has paved the way for new opportunities, not only domestically but also in international markets. However, as the US solar boom opens a $2 billion Indian door for imports, a new predicament emerges. A closer look reveals that some of these products originate from…
In the competitive world of global automotive trade, China has come tantalizingly close to dethroning Japan as the world’s largest car exporter. While it fell just shy of achieving this goal in 2023, China’s impressive growth highlights its emergence as a major player in the automotive industry. In this blog, we will explore the factors…
The International Monetary Fund (IMF) recently released an updated economic outlook, signaling a positive development for the global economy. The report forecasts a soft landing and an uplifted growth outlook for 2024. This upgrade comes alongside improved prospects for the two largest economies, the United States and China, citing a faster-than-expected easing of inflation as…
In response to a significant decline in migrant crossings along the U.S.-Mexico border, U.S. Customs and Border Protection (CBP) has announced the reopening of four official crossings. This blog post examines the recent developments and highlights the factors contributing to the decrease in illegal border crossings. The reopening of four official crossings along the U.S.-Mexico…
The recent pause of Maersk’s Red Sea transit operations has highlighted the challenges faced by U.S.-led initiative Operation Prosperity Guardian. The Red Sea remains a critical global trade route, with the threat of attacks by Iranian-backed Houthi militants. The pause has led to disruptions in container rates and raised concerns about the long-term impact on…
I learned a new word recently: “goat-rope.” The safe-for-work definition is a big, confusing mess. While it can be used to describe many different situations, I thought it was a perfect description for the ways in which the United States makes origin determinations for products imported from Canada and Mexico. Fortunately, help to make things…
Maybe you already have one. Or ten. Perhaps you command them with a steady voice – “Alexa?” “Hey, Google!” – or you could be old school and just reach out and actually turn something on or off by hand. Whichever is your style, smart plugs and bulbs have invaded our homes, and they won’t be going away. iHome SmartPlugs plug into an…
[vc_row][vc_column][vc_column_text css=”.vc_custom_1582843779409{border-radius: 2px !important;}”]Part 3 of 3: “CBP Wants YOU! Increased AD/CVD Scrutiny Abounds” AD/CVD Consequences: Real Live American Disasters Inflated AD/CVD and high tariffs have real world consequences. One of the hardest-hit industries by high tariffs and AD/CVD besides the steel and aluminum industries is the hardwood industry and those companies who depend upon an inexpensive supply of…
Part 2 of 3: “CBP Wants YOU! Increased AD/CVD Scrutiny Abounds” How the Past Defines Today Thomas Prusa, Professor of Economics at Rutgers University, says that antidumping laws can be traced back to 1916 when the real concern was antitrust law – not allowing large corporations a monopoly in their industries. Both antitrust and antidumping laws were…
Why we are Where we are Honestly, antidumping and countervailing duties (AD/CVD) sound more like terms from a dating app than cosponsors of the serious consequences they can bring to American industry. So, just what do these antiquated-sounding terms mean? Swipe right and we’ll take a look at their definitions; but first, let’s catch a…
The Customs and Border Protection (CBP) is a state’s body. Vested with the power and authority to issue custom legal rulings. It also deals with other legal decisions that relate to the importation of merchandise. The rulings enable the international trade community to understand how the CPB will treat a prospective carrier transaction or import….
Are you looking to expand your current position in the import and export field? Maybe you are interested in starting a new career in this area. Becoming a custom broker can be very rewarding, challenging and will require constant learning. Becoming a licensed customs broker can open many doors for you for employment opportunities. However,…
