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
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.1 Put more simply, we must sell more...more
4/11/2025
/ Bitcoin ,
Canada ,
China ,
Executive Orders ,
Exports ,
Importers ,
Imports ,
International Trade ,
Mexico ,
Regulatory Reform ,
Semiconductors ,
Supply Chain ,
Tariff Act of 1930 ,
Tariffs ,
Trade Deficit ,
Trade Representatives ,
Trump Administration ,
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
The United States-Mexico-Canada Agreement (USMCA) joint review process is scheduled to begin on July 1, 2026, but the time to prepare is now. Embedded trade compliance professionals should already be doing scenario...more
2/12/2025
/ Brokers ,
China ,
Compliance ,
Customs ,
Export Controls ,
IMMEX ,
Imports ,
International Trade ,
Latin America ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Agreements ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
USTR
Punctuation matters. I’ve always remembered a poster on the wall of a co-worker’s office—this was back in the 80s—that showed baby seals dancing at a disco under a four-word caption: STOP CLUBBING, BABY SEALS. The poster...more
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
The Uyghur Forced Labor Prevention Act & The Future of Forced Labor Enforcement -
The Uyghur Forced Labor Prevention Act (“UFLPA”), which takes effect on June 21, 2022, bans the importation of all goods made in the...more
2/10/2022
/ America Competes Act ,
Anti-Dumping Duty ,
China ,
Countervailing Duties ,
Customs and Border Protection ,
Forced Labor ,
Human Rights ,
Imports ,
Supply Chain ,
Tariffs ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
Introduction -
Tariff classification-related court precedents have significantly shaped the way importers, brokers, consultants, lawyers, and Customs and Border Protection (CBP) classify goods today under the Harmonized...more