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.
By: By Bob Brewer, Braumiller Law Group
In the ongoing tit-for-tat trade war with China and the U.S., new developments are actually old policies, but seem to be resurfacing as the escalation in loss of patience continues to bring about more protectionism. It’s a global implementation, but the United States will target China with a new “strike force” to combat unfair trade practices.
By: Bob Brewer, Braumiller Law Group When the “Big Bully” is also your best friend, economically speaking, and metaphorically speaking, they are paying for your lunch, but at the same time are slapping you around on the playground…do you hit back, or just take it on the chin? You need your lunch, as you have
By: Bob Brewer, Braumiller Law Group & Brad Menard, VP of Braumiller Consulting Group It’s a fact of life in international trade, many shipments, on a daily basis, arrive at ports in the U.S. with the wrong tariff classification code assigned to the product. No big deal? Not quite, and I can tell you this,
By Bob Brewer, Braumiller Law Group
There are reasons to be optimistic about the economies of the world bouncing back from the pandemic in 2021, and at the same time, the major push to restock the world’s supply of goods has been met with a variety of problems.
By Bob Brewer, Braumiller Law Group
One would think, if from another planet, or part of the world that is sheltered completely from global information on economies, that a crisis like a worldwide pandemic could bring two superpowers together in battle to fight a common enemy.
By Bob Brewer, Braumiller Law Group
Vietnam can breathe a sigh of relief as the U.S. Trade Representative (USTR) is not imposing tariffs or taking any other specific action at this time with respect to its Section 301 investigation of unfair currency valuation by Vietnam
By Bob Brewer, Braumiller Law Group
I wrote an article called “What’s Going on at Wally World”, based on the Section 301 tariffs being imposed on Chinese imports, and how it was affecting Walmart, who imports about 80% of their products from China.
By Bob Brewer, Braumiller Law Group
What are SME’s? They are small and medium-sized enterprises that make-up the backbone of world trade and growth. A World Bank Group study suggests that there are between 365-445 million MSMEs in emerging markets.
By: Bob Brewer, Braumiller Law Group
On the morning of September 15th our firm released a notification to importers that there was a case filed with the CIT that may possibly pave the way to refunds on the Section 301 tariffs. We expected a fairly decent response, and what we got was 10x’s that in …
By: Bob Brewer, Braumiller Law Group To a certain extent, it goes without saying that the pandemic has certainly opened the door for PPE opportunity, and at the same time, obviously, those who would choose to simply try and take advantage of the situation. I’m not talking about price gouging, although that has certainly happened
By: Bob Brewer, Braumiller Law Group At the time of this writing, it’s not exactly another day in paradise, over 103,000 Americans are no longer with us, there are an estimated 1,500,000 confirmed U.S. cases of the coronavirus, and I am also ballparking at 40,000,000+ unemployment claims filed at the time of this writing, because
By: Bob Brewer, Braumiller Law Group I know, I know, some would say, “Are you kidding? They started this pandemic”? Yes, it did start in Wuhan, in China, but finger pointing at this time is not going to help either of us rebound from the economic impact that it has caused both countries. Living in
By: Bob Brewer, Braumiller Law Group The African Continental Free Trade Area (AfCFTA) is a free trade area, outlined in the African Continental Free Trade Agreement among 54 of the 55 African Union nations. The free-trade area is the largest in the world in terms of participating countries since the formation of the World Trade
By: Bob Brewer, Braumiller Law Group As we bring another year in trade to a close obviously the main question one could ask is, will China and the U.S. be able to follow through in 2020 now that Phase 1 has been agreed upon just in time for Christmas. In Phase 1 China has agreed
By: Bob Brewer, Braumiller Law Group For anyone in the aerospace, defense, and export control markets, you have undoubtedly been faced with the question on cyber-security compliance. This form of compliance most often surfaces if you’re dealing in the International Traffic in Arms Regulations (“ITAR”), where the certification of compliance is required through systems such
By: Bob Brewer, Braumiller Law Group On Friday, October 11th, 2019, President Trump announced a three- phase trade deal with China. The agreement is an outline of a partial trade accord that President Donald Trump said he and Xi Jinping could sign as soon as next month at an upcoming November summit in Chile. To
By: Bob Brewer, Braumiller Law Group This Friday, October 11, the U.S. International Trade Commission (USITC) will open this MTB portal mtbps.usitc.gov. The deadline for submitting MTB petitions is December 10, 2019. More information on the MTB process is available on the USITC’s MTB landing page, usitc.gov. The site includes recordings of webinars on details how
By: Bob Brewer, Braumiller Law Group It seems like a long time ago, but it really wasn’t, that President Trump withdrew the United States from the TPP (Trans-Pacific Partnership) on his 3rd day in office. Looking back, it was actually the gateway for the implementation of the Section 301 tariff war with China. For a
By: Bob Brewer, Braumiller Law Group The trade war between the U.S. and China has dragged on for more than a year now with 25% tariffs currently placed on $200 billion of Chinese goods. On August 1, President Trump announced that the U.S. would move forward with imposing a 10 percent ad valorem tariff on
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