Month: October 2021

China’s Dual Circulation Policy

By: Bob Brewer, Braumiller Law Group

Almost two years now into the global pandemic and the world’s two most powerful economies are having to take a hard long look at their supply chain shortcomings, as well as becoming economically self-sufficient to a great extent. During the pandemic it became painfully obvious that the U.S. has become far too dependent on China for imports of many essential needs.

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HTS 9801.00.10

Updated Requirements to HTS 9801.00.10 – U.S. and Foreign Goods Returned

By: Jennifer Horvath, Partner

U.S. CBP recently released updated requirements for importers and brokers regarding HTS subheading 9801.00.10, U.S. and Foreign Goods Returned. Often called a “9801 Claim,” importers can generally use this special duty-free tariff provision when merchandise is exported from and returned to the United States, so long as it is not advanced in value/condition, regardless of country of origin.

Read More »

Continuing the Proposal for Customs Broker Continuing Education

By: Bruce Leeds, Senior of Counsel

On Oct. 28, 2020, U.S. Customs and Border Protection (CBP) published an Advance Notice of Proposed Rulemaking on continuing education for individually licensed customs brokers. After receiving comments and feedback from the trade, CBP published a Notice of Proposed Rulemaking (NPRM) on this proposal on Sept. 10, 2021.

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CBP August 2021 Operational Update

By: Brandon French, Associate

U.S. Customs and Border Protection (“CBP” or “Customs”) recently released its August 2021 operational statistics. These statistics are important for CBP to review monthly/yearly to better understand and ensure enforcement efforts continue to improve.

Read More »
Incoterms

Incoterms – Two Years Later

By Bonnie Kersch, Senior Trade Advisor, Braumiller Consulting Group

In September 2019, the International Chamber of Commerce released Incoterms 2020, heralded as a groundbreaking version of Incoterms that would bring great change to the supply chain community. Two years later, we look back on the changes that occurred and how they have affected us.

Read More »
Tariff Engineering

Tariff Engineering: Opportunities for Duty Mitigation

By: Mike Smiszek, Senior Trade Advisor, Braumiller Consulting Group

Tariffs are inherently controversial because of their financial consequences. An importer wants to pay as little duty as possible while Customs (CBP) wants to collect as much tariff revenue as possible. The one constant in this battle between industry and government is the Harmonized Tariff Schedule (HTS).

Read More »
Regulation for Decentralized Finance

Approaches to Regulation for Decentralized Finance

By: James Holbein, Of Counsel

Decentralized Finance (DeFi) is a term describing the assortment of different financial applications enabled by blockchain technology and cryptocurrency with the aim to decentralize financial services that are currently intermediated by financial institutions.

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Tariffs and Trade

Tariffs and Trade

By: Robert Stein, Braumiller Consulting Group

“Those who cannot remember the past are condemned to repeat it.” – George Santayana. As an example of this I present

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FDI in Mexico

机遇与挑战:中国企业赴墨西哥投资

作者: 王烨, 资深律师, Braumiller 律师事务所

中国在墨西哥的外国直接投资 (FDI) 近年来显着增长,这反映了中国与全球经济格局转变和区域贸易动态的战略性协调。这一趋势使中国成为墨西哥增长最快的外国投资来源国之一,其中大部分投资流向制造业。

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China’s Dual Circulation Policy

By: Bob Brewer, Braumiller Law Group

Almost two years now into the global pandemic and the world’s two most powerful economies are having to take a hard long look at their supply chain shortcomings, as well as becoming economically self-sufficient to a great extent. During the pandemic it became painfully obvious that the U.S. has become far too dependent on China for imports of many essential needs.

Read More »
HTS 9801.00.10

Updated Requirements to HTS 9801.00.10 – U.S. and Foreign Goods Returned

By: Jennifer Horvath, Partner

U.S. CBP recently released updated requirements for importers and brokers regarding HTS subheading 9801.00.10, U.S. and Foreign Goods Returned. Often called a “9801 Claim,” importers can generally use this special duty-free tariff provision when merchandise is exported from and returned to the United States, so long as it is not advanced in value/condition, regardless of country of origin.

Read More »

Continuing the Proposal for Customs Broker Continuing Education

By: Bruce Leeds, Senior of Counsel

On Oct. 28, 2020, U.S. Customs and Border Protection (CBP) published an Advance Notice of Proposed Rulemaking on continuing education for individually licensed customs brokers. After receiving comments and feedback from the trade, CBP published a Notice of Proposed Rulemaking (NPRM) on this proposal on Sept. 10, 2021.

Read More »

CBP August 2021 Operational Update

By: Brandon French, Associate

U.S. Customs and Border Protection (“CBP” or “Customs”) recently released its August 2021 operational statistics. These statistics are important for CBP to review monthly/yearly to better understand and ensure enforcement efforts continue to improve.

Read More »
Incoterms

Incoterms – Two Years Later

By Bonnie Kersch, Senior Trade Advisor, Braumiller Consulting Group

In September 2019, the International Chamber of Commerce released Incoterms 2020, heralded as a groundbreaking version of Incoterms that would bring great change to the supply chain community. Two years later, we look back on the changes that occurred and how they have affected us.

Read More »
Tariff Engineering

Tariff Engineering: Opportunities for Duty Mitigation

By: Mike Smiszek, Senior Trade Advisor, Braumiller Consulting Group

Tariffs are inherently controversial because of their financial consequences. An importer wants to pay as little duty as possible while Customs (CBP) wants to collect as much tariff revenue as possible. The one constant in this battle between industry and government is the Harmonized Tariff Schedule (HTS).

Read More »
Regulation for Decentralized Finance

Approaches to Regulation for Decentralized Finance

By: James Holbein, Of Counsel

Decentralized Finance (DeFi) is a term describing the assortment of different financial applications enabled by blockchain technology and cryptocurrency with the aim to decentralize financial services that are currently intermediated by financial institutions.

Read More »