On Thursday, May 17th, the United States announced that it will impose anti-dumping tariffs of more than 31% on solar panels from China. This decision, likely to ratchet up the trade tensions between the US and China, is the result of the US Department of Commerce finding several Chinese solar panel companies guilty of dumping their goods (selling them at below fair-market value).
Topics: Import Management, GTM Best Practices, Global Trade Management, Product Classification
Caroline Brown on May 18, 2012
On May 14, 2012, President Obama signed the presidential proclamation that put the United States-Colombia free trade agreement into force. Designed to promote the flow of certain goods and services between the countries, the free trade agreement was years in the making.
Topics: Press Releases, Amber Road News, Duty Management, Global Trade Content, Free Trade Agreements
Next week, Amber Road will be exhibiting at the Gartner Supply Chain Executive Conference in Palm Desert, CA. If you are planning to attend, we’d love for you to stop by our booth and say hello! (We’ll be in booth space “S”.)
Topics: Global Trade Management Software, Amber Road News, Global Trade Management, Events
Gary M. Barraco on May 10, 2012
When we talk about “risk” we really mean “disruptions”. It’s something we don’t ever want to see in our supply chains when they should be churning out goods like well-oiled machines.
Topics: Supply Chain Visibility
Ty Bordner on May 2, 2012
Many multinational organizations are embracing tax-effective supply chain management to reduce costs and increase margins. Supply chain managers need to understand the ramifications of their tax-based strategies when it involves the transfer of tangible and intangible goods to their own foreign subsidiaries or parent companies. Reducing taxes is a desirable outcome, but not when it runs afoul of related party transaction regulations.
Doing cross-border business with a related party, which includes foreign subsidiaries and parent companies, can be complicated. A related party is any entity that can exercise control or significant influence over the operating policies of another entity. In global trade, it’s an individual or business that exercises a 10 percent interest in both the exporter and the ultimate consignee.
