News & Publications OLD - Page 7 of 41

Overcoming Obstacles: Challenges Faced by China’s FDI in Mexico

June 7, 2024

By: Kerry Wang, Senior Associate, Braumiller Law Group

China’s foreign direct investment (FDI) in Mexico has seen substantial growth in recent years, reflecting a strategic alignment with global economic shifts and regional trade dynamics. This trend positions China as one of the fastest-growing sources of foreign investment in Mexico, with the majority of investments flowing into the manufacturing sector.

Recent Developments in Digital Assets Policy

June 7, 2024

By: James R. Holbein, Of Counsel and Justin Holbein

Digital assets, including blockchain and cryptocurrency protocols and companies, have been in a defensive posture for much of 2022, 2023 and 2024. The collapse of crypto exchange FTX and numerous enforcement actions taken by the Securities Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) have forced the sector to retrench and upgrade their abilities to meet the higher standards of securities laws.

Foreign Direct Investment Trends in 2024

June 7, 2024

By: Victoria Holmes, Braumiller Law Group
Foreign Direct Investment (FDI) is a driving force behind global economic growth and development, acting as a lifeline of funding for nations around the world. Imagine a company from one corner of the globe setting up shop or acquiring a business in another – that’s FDI in action.

机遇与挑战：中国企业赴墨西哥投资

June 6, 2024

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。

Braumiller Law Group Attorneys and Braumiller Consulting Group Trade Advisors

June 6, 2024

Braumiller Law Group Attorneys and Braumiller Consulting Group Trade Advisors

We have written international trade related articles (every other month) that have consistently trended each year in the top 20 in North America under the heading of Trade & Investment

We Are Not Alone

May 30, 2024

Scientists have discovered a new planet which they say could potentially support human life. Gliese 12b is a rocky planet just 40 light years away from our own with its size between Venus and Earth. The planet was discovered by an international team, in collaboration with NASA and the European Space Agency using data from NASA’s Transiting Exoplanet Survey Satellite (TESS). Gliese 12b falls into what astronomers call a “goldilocks zone,” with an average temperature of 107 degrees Fahrenheit, which is common in summer in various parts of earth. It makes on ponder…are we not alone? Scientists are also on the verge of discovering how to bend space and travel in quantum leaps with warp speed. Can you say “intergalactic trade”? I know you can, with fond memory of Fred McFeely Rogers, better known as Mister Rogers. We love the science behind global trade compliance which is what we do at BLG.

UFLPA

May 16, 2024

Your product originated in China and now Customs has detained your shipment at the U.S. port citing the Uyghur Forced Labor Prevention Act as the reason. Keep in mind you are considered guilty until proven innocent which is an uphill climb. Don’t take too long deciding what to do as storage and then demurrage fees could pile up.

Mars

May 13, 2024

In our decades of experience within international trade there is one thing we have yet to encounter: a transshipment via planet of origin Mars and that’s about the only thing we haven’t seen. We love the science behind global trade compliance. Global Trade Compliance is what we do at BLG.

Forced Labor Questionnaires: Another Helpful Hint

April 1, 2024

By: Adrienne Braumiller, Partner & Founder and Gavin Andersen, Trade Advisor

In February 2024, Customs and Border Protection (CBP) began taking a new approach to Uyghur Forced Labor Prevention Act (UFLPA) enforcement—questionnaires. Once again, the solar industry is among the first targets, vanguards among importers, hacking their way through new regulatory growth, hopefully exposing a clear way through for all who follow. Active enforcement mechanisms like questionnaires—and the Forced Labor Enforcement Task Force (FLETF) itself—are still evolving.

BIS Updates Freight Forwarder Guidance And Best Practices

April 1, 2024

By: Adrienne Braumiller, Founder of Braumiller Law Group

The Bureau of Industry and Security (BIS) has recently published a guidance document on its new website aimed at helping freight forwarders and exporters uphold compliance with U.S. export controls and regulatory requirements. The document emphasizes the significant role that freight forwarders play in securing the global supply chain and preventing the proliferation of illegal exports.

Maximizing Duty Savings Series –Section 321 Duty Exemptions or De Minimis Exemptions

April 1, 2024

By: Kerry Wang, Senior Associate, Braumiller Law Group

Welcome to the second installment in our series on duty-saving strategies. After discussing the utilization of Foreign Trade Zones and Bonded Warehouses in our previous article, we now turn to Section 321, a topic of significant importance and, as you’ll see, considerable debate.

De Minimis An Ever-Growing Problem of De Maximus Proportion

April 1, 2024

By Bob Brewer, Braumiller Law Group

De minimis is a term that refers to a threshold below which certain goods are exempt from import duties or taxes. However, in the landscape of international trade, it has become a contentious issue for the United States. Those “bad actors”, and even some, not so bad, but willing to take advantage of a loophole have found a way around the tariffs. This so-called loophole of allowing goods with a fair retail value of $800 or less to enter the U.S. without paying an import tariff has become a monster that Customs needs to find a way to deal with conclusively.

The Importance of Pedimento Codes for the IMMEX Customs Regime

April 1, 2024

By: Brenda Cordova, Mexico Attorney, Braumiller Law Group

In Mexico, a customs regime is the destination or treatment for goods subject to customs control in accordance with the nature and purposes of a customs operation. Companies with an IMMEX program may perform operations under the so-called customs regime of “temporary importation for elaboration, transformation or repair under a maquila program”. This name by itself implies several facts to consider.

The Unsung Hero of Trade: Why CTPAT Matters

April 1, 2024

By: Judy Davis, Braumiller Consulting Group
In the ever-changing world of trade, where predicting the future is a constant challenge, looking back at the past decade offers valuable insights into the evolution of the supply chain and the tools that have developed to contribute to efficiency and security.

Evolving Legal Norms for Artificial Intelligence in the European Union and the United States

April 1, 2024

By: James R. Holbein, Of Counsel and Justin Holbein

Artificial Intelligence (AI) has been a hot topic for the last 2-3 years for politicians, technologists, and many people in civil societies globally. The use of the technology has obvious benefits for increasing productivity and value produced by businesses and organizations, along with dangers from misuse, such as deep fake propaganda and serious security risks. Two recent efforts to develop legislation addressing AI technology offer an opportunity to compare and contrast the differing approaches in the European Union (EU) and the United States (US).

Aluminum Extrusions II – Scope Modifications Proposed, Dept. of Commerce Questioning Manageability

April 1, 2024

By Paul Fudacz, Partner, Braumiller Law Group

Since the last update on the AD / CVD aluminum extrusions investigation (dubbed Extrusions II) in what appears to be a response to strong opposition from trade industry groups, legislators, governments, and other interested parties, as well as dubious signals from the Department of Commerce, (Commerce) the Petitioners in the ongoing Aluminum Extrusions investigation have proposed modifications to the scope of the investigation.

The Nexus of Trade and Food Security Amid Global Conflicts

April 1, 2024

By: Victoria Holmes, Braumiller Law Group
The intricate interplay between trade and food security has emerged as a vital global issue, one that is closely interwoven with the tapestry of international conflicts and political instability. Remember the 2019 pandemic when toilet paper supply chains were interrupted? Now imagine that on a much larger scale with basic food staples like rice, wheat or corn.

La importancia de las Claves de Pedimento en el Régimen Aduanero de las IMMEX

April 1, 2024

Por: Brenda Cordova, Mexico Attorney, Braumiller Law Group

En México, un régimen aduanero es el destino o tratamiento que se da a los bienes objeto de control aduanero de conformidad con la naturaleza y propósitos de una operación aduanera. Las empresas con un programa IMMEX pueden realizar operaciones al amparo del régimen aduanero llamado “importación temporal para elaboración, transformación o reparación en programas de maquila”.

Constellations

March 27, 2024

There are 88 constellations officially recognized by the International Astronomical Union. This list of modern constellations was adopted by the IAU in 1922 and 36 modern constellation lie principally in the northern celestial hemisphere, while 52 are found in the southern sky. Ancient sailors navigated maritime trade routes using a combination of techniques including celestial navigation which is 4,000 years old. In the beginning it was primarily a multitude of spices traded among the various Mediterranean routes. To this day, the spice and seasoning trade is changing world history and has a market projected to grow to $26 billion by 2029. Braumiller Law Group loves the science behind global trade compliance.

The Buy American Act

March 25, 2024

The Buy American Act (BAA) was enacted during the Depression in 1933 to encourage the federal government to buy from American companies. To qualify as a domestic product the manufactured product must meet two requirements. First the end product must be manufactured I’m the United States, and second, the end product must be made of substantially all U.S. sourced components. This percentage threshold has increased to 65%. Some companies are following the new Buy America preferences, while others may need to make significant adjustments to their supply chain and domestic manufacturing processes to meet the stringent “produced in the U.S.” requirements.