How Has Nearshoring Impacted the U.S. Economy?
How Has Nearshoring Impacted the U.S. Economy? In recent years, reliance on global supply chains has led to increased risks. Not only for U.S. companies but our economy as a whole. Nearshore outsourcing is the suggested solution from the White House. But with that comes the debate about how realistic an option it is. Which […]
What is Kratom? Can You Import It?
Over 30 U.S. states allow patients to experience the effects of Kratom. Which leads to a question. If that’s the case, why does an online search turn up results like “severe adverse effects?” We’re glad you asked. Together, we’ll answer this question. Because truth is worth pursuing. What Is Kratom and Where Does It Come […]
How to Import a Car to the United States – A Primer
Driving up to the Canada/US border, Steve took time to enjoy the stares. The dealer had mentioned it was an attention-getter. And he was right! Public roads would be a great testing ground for the brand new Canadian vehicle. Here is the ideal situation when importing a personal car. But to copy this success, you […]
What is BIS?
“Our goal is to obtain advanced computing semiconductor chips. We would very much like to use this technology for military applications,” relayed the foreign visitor. “One second please Mr. Visitor,” answered the U.S. business owner. Stepping off to the side, the now confused entrepreneur whispered to his business partner. “Something seems off.” Okay, it’s usually […]
What Are Carnets and How Are They Used?
Originally walking slowly towards the customs authority, Ray suddenly quickened his pace. The reason behind his change of gait was a welcome thought. “That’s right, I don’t have to pay duty fees!” Acting almost like a “merchandise passport,” ATA carnets aren’t necessarily mainstream knowledge. We aim to change that in the following article. By the […]
Trade Embargoes and Sanctions
OFAC (Office of Foreign Assets Control) heads the United States sanctions compliance program. As a part of the U.S. Treasury Department, they take a risk based approach in the search for red flags raised by an industry or nation. Besides their Specially Designated Nationals (SDN list) and Blocked Persons list, OFAC sanctions affect various entities. […]
Country of Origin Labels
What Are Country of Origin Labels and What Do They Mean for Consumers? These are labels that indicate the country where a product was made. They are intended to help consumers make informed choices about the goods they purchase. There are several different types of country of origin labeling systems, but the most common is […]
What are Red Flagged Countries?
The term is not a definite legal one but often comes up in discussions about export regulations and sanctions. Since it’s often used, it’s helpful to describe the important aspects surrounding these countries and civil penalties. Sanctions are typically imposed in response to the actions of the target country, which are deemed to be a […]