By Of Counsel to Braumiller Law Group, S. George Alfonso In the spring of 2018 the Trump administration announced a new round of tariffs against the Peoples Republic of China (“PRC”) (“301 Tariffs”). These 301 Tariffs were enacted this summer and encompass a massive, if not total cross section, of products and components manufactured in …
By Adrienne Braumiller, Founder & Partner, and Vicky Wu, Associate Attorney, Braumiller Law Group PLLC Any day now we expect to see President Trump’s signature on the Foreign Investment Risk Review Modernization Act (FIRMMA). On August 1, 2018, the Senate joined the House of Representatives in passing FIRRMA and introduced comprehensive changes to the law …
By Bruce Leeds, Senior Counsel, Braumiller Law Group Acme Corporation receives a shipment by ocean freight from Japan. The terms of shipment on the purchase order are CIF Long Beach, California, meaning the price includes the cost of the goods plus prepaid ocean freight and insurance from Japan to Long Beach. The commercial invoice accompanying …
Read moreDeductive Reasoning – Deducting Expenses or Asking for Trouble?
By BLG Senior Attorney Paul Fudacz With the first round of Section 301 tariffs in place as of July 6, and with the second round of tariffs coming into effect August 23, many U.S. importers are paying more attention to the country of origin of their imported merchandise, especially when these products undergo final production …
By Jennifer Horvath, BLG Attorney Section 301, China tariffs, Lists…. There is a lot to learn about the new Section 301 tariffs being applied to imports from China. Below is a brief overview of the China tariff schedules, and key ways to mitigate the potential amount owed due to these extra duties. What is Section …
By BLG Mexico Attorneys Brenda Cordova and Francisco de la Cruz In Mexico, the manufacturing industry, formerly known as PITEX or maquila, and currently known as IMMEX (Manufacturing and Export Services Industry), has had considerable growth due to NAFTA. This was mainly because of the low labor cost, the import duty reduction, and the preferential …
By Bob Brewer, VP BLG Marketing President Trump recently lashed out with a new automobile related tariff threat against Canada, who at this time is sitting on the sidelines of the negotiation process, while retaliating against the steel and aluminum tariffs the U.S. slapped on them a few months ago. In the meantime, ongoing NAFTA …
Read moreNAFTA Negotiations: Only 2 out of 3 Currently in Talks
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