The Realities of Free Trade -
Many of our basic freedoms are guaranteed by the Constitution. Speech, press, assembly, religion: these are all accepted as sacrosanct rights by reasonable people across the political spectrum....more
6/10/2025
/ Economic Growth ,
EU ,
Free Trade Agreements ,
GATT ,
Global Economy ,
Globalization ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
NAFTA ,
Popular ,
Supply Chain ,
Tariff Act of 1930 ,
Tariffs ,
Trade Policy ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
The various tariffs that President Trump has imposed since retaking office are based on delegated authority found in several existing statutes. But a century ago, tariffs were primarily the purview of Congress. One of the...more
Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity. Put more simply, we must sell more...more
4/9/2025
/ Economic Growth ,
Exports ,
Federal Reserve ,
GDP ,
Imports ,
International Trade ,
Popular ,
Trade Deficit ,
Trade Policy ,
U.S. Commerce Department ,
US Trade Policies
For the better part of a decade, the United States waged an ugly dispute with the WTO over a U.S. antidumping and countervailing duty law enacted in October of 2000 called the Continued Dumping and Subsidy Offset Act (CDSOA)....more
12/13/2024
/ Anti-Dumping Duty ,
Byrd Amendment ,
CAFC ,
Countervailing Duties ,
Court of International Trade ,
EU ,
Fifth Amendment ,
GAO ,
Imports ,
Trade Policy ,
U.S. Commerce Department ,
WTO
This is the first of a three-part series about the USMCA joint review process, focusing on China, Mexico, and competing visions of a “worker-centered” trade policy. Part one introduces the USMCA joint review process and...more
8/13/2024
/ Administrative Agencies ,
Administrative Review ,
BRIC ,
Bureau of Industry and Security (BIS) ,
CEOs ,
CFOs ,
Chevron Deference ,
China ,
Commercial Contracts ,
Court of International Trade ,
Customs and Border Protection ,
Economic Growth ,
Export Controls ,
Foreign Direct Investment ,
International Trade ,
International Trade Commission (ITC) ,
Judicial Interpretation ,
Oil & Gas ,
Presidential Proclamations ,
SCOTUS ,
Section 232 ,
Section 301 ,
Sunset Provisions ,
Supply Chain ,
Texas ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA)
After several years of review by U.S. Customs and Border Protection (“CBP”), the Customs Broker community, and the Commercial Customs Operations Advisory Council, CBP unveiled the new Customs Broker Regulations under 19...more
12/15/2022
/ Brokers ,
Bureau of Industry and Security (BIS) ,
Carbon Emissions ,
China ,
Climate Change ,
Country of Origin ,
Cryptocurrency ,
Customs and Border Protection ,
Digital Assets ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Imports ,
Made in the USA ,
Product Labels ,
U.S. Commerce Department
Since taking office as the U.S. Trade Representative (“USTR”), Katherine Tai has prioritized trade policies focused on protecting American workers’ rights and promoting sustainable environmental practices through trade...more
4/11/2022
/ Boycotts ,
Central Bank of Russia ,
China ,
Counterfeit Goods Regulation ,
Country of Origin ,
Customs ,
Customs and Border Protection ,
Economic Sanctions ,
Executive Orders ,
Export Control Reform Act (ECRA) ,
Forced Labor ,
Foreign Investment ,
IMMEX ,
Imports ,
Labeling ,
Made in the USA ,
Mexico ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Relations ,
U.S. Commerce Department ,
U.S. Treasury ,
Ukraine ,
US Enforce and Protect Act (EAPA) ,
US Trade Policies ,
USTR
It’s 7:00pm on a Friday, and it’s also the last day of your company’s fiscal quarter. You’re the shipping department manager responsible for loading several crates of widgets onto a truck that will take them to JFK Int’l...more