This year has been exceptionally challenging for importers. From the outset, new tariffs appeared to be implemented almost daily, with China-related tariff rates changing multiple times—sometimes within a single day. Keeping pace with these developments has proven difficult even for the most experienced trade professionals. Compounding the uncertainty were a series of legal challenges surrounding…
Spoiler Alert – Similar but Different As a U.S. importer or exporter, we are required to comply with specific regulations. For defense articles, we are regulated by the International Traffic in Arms Regulations (ITAR), for dual-use and commercial items, we must comply with the Export Administration Regulations (EAR), and for importing into the U.S., we…
In a previous blog, we discussed the concept of “reasonable care” as it applies to your trade compliance program. The focus was how export and import programs dovetail with many other areas of compliance, such as policies and procedures, valuation, Free Trade Agreements, and more. Today, I’d like to switch gears and talk about how…