Two Russia-born U.S. citizens were arrested for allegedly attempting to illegally export nearly half a million dollars’ worth of snowmachines and parts to Russia. They did this without the required export authorization through Absolut Auto Sales LLC.
In September 2021, the announcement of the AUKUS pact between Australia, the United Kingdom, and the United States sent shockwaves through the international community. Let’s take a further look at two rules that will help define a new chapter of defense cooperation.
In The Matrix, a computer hacker named Neo takes a red pill that unlocks a hidden world. In trade compliance, unfortunately, there are no magic red pills. But there is a code to be cracked if you want to succeed.
Believe it or not, most exports from the United States do not require an export license to ship internationally. (Ninety-five percent, according to the Department of Commerce.) This is great news for most companies, but what if your item or technology falls in the other five percent? Let's look at export license requirements through the journey of a simple crayon.
Adding to a list of seemingly never-ending problems, the Boeing Company recently agreed to pay a $51 million civil penalty for violating U.S. export regulations, specifically the International Traffic in Arms Regulations (ITAR) and Arms Export Control Act (AECA). So, what happened? And what can we learn?
Duty drawback is probably the most under used duty recovery program available by U.S. Customs. With the price of everything going up, getting a refund could be very beneficial and a nice cost-saving measure to produce your goods. Although duty drawback can be quite confusing, it doesn't have to stop you. Here are some of the basics to help you get started.
Shipping goods into the United States isn’t always a seamless process. At some point, almost every U.S. importer will experience a clearance delay getting their goods through U.S. Customs & Border Protection (CBP). But why? Here are the likely culprits holding you up.
The U.S. Government is trying to get its arms around a range of new technologies and advancements. This includes a Commerce Department rule that, if enacted, would create substantial new regulations for Infrastructure as a Service (IaaS) providers. The rule also takes aim at foreign persons who might use these platforms to train large Artificial Intelligence (AI) models.
Discover the five essential elements of an effective OFAC Compliance Program. Learn what OFAC compliance is and how to implement it in your business.
Any exporter who ships outside of the United States is responsible for complying with Census regulations and filing Electronic Export Information (“EEI”) in the Automated Export System (“AES”) for each eligible shipment. But how do you know if one is needed? Let’s break down the steps you need to consider when making an export and filing the correct EEI.