Making Lemonade in the Age of Trade Restrictions

Posted by Nick Fabretti

Unpredictability around trade protectionism isn't just limited to the US, or even the western hemisphere. For global companies sourcing and shipping around the world, it can be important to know some of the quirkier import and export anomalies, saving time and avoiding headaches from denied shipments and surprise tariffs.

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Topics: Import Management, Export Management, Import Compliance, Export Compliance

NAFTA 2.0 – Round One of Negotiations

Posted by Jonathan Dicks

The first round of negotiation meetings of North American Free Trade Agreement (NAFTA) 2.0 were held in Washington D.C. on August 16-20, 2017. The negotiating parties convened to modernize the NAFTA agreement (implemented in 1994) at the request of the Trump Administration. Trump has repeatedly threatened to withdraw from the Agreement, unless new terms (favorable to the U.S.) are struck.

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Topics: Import Compliance, Export Compliance, Trade Regulatory Content, Free Trade Agreements

Webinar: Trade Defense Measures & the EU’s Use of Anti-Dumping Duties

Posted by Julia Gorman

The subject of antidumping and countervailing duties can be very intimidating for most businesses involved in international trade. Therefore, it’s important to understand the background behind these unfair trade practices and how governments defend against them.

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Topics: Webinars, Import Compliance, Global Trade Academy

Duty Drawback Success Story: A $1.3 Million Return on Investment

Posted by Suzanne Richer

Duty Drawback represents one of Customs’ most long-standing benefits to firms, as it offers companies a refund of up to 99% of taxes, duties and fees paid when imported merchandise is exported or destroyed within certain timeframes. The concept is simple – match your import entry documents with the corresponding export docs, file for expedited payment processing, and voila! Money will flow into your bank account.

As simple as it seems, drawback regulations are among the most complicated, and it is estimated that $2.8 billion dollars is left unclaimed by companies eligible for refund. Enter Amber Road’s Global Trade Academy – after attending the unique 3-day Duty Drawback Certificate Program, attendees have succeeded in securing incredible refunds for their firms.

One great success story is that of Tammy Anderson, Logistics Supervisor with an electronics firm, who in less than one year was able to secure $1.3 million dollars from her drawback program.  

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Topics: Import Management, Duty Management, Export Management, Import Compliance, Export Customs Filing

AAEI Annual Conference to Investigate How e-Commerce Impacts Global Trade

Posted by Nick Fabretti

Since the Great Recession of 2008, global trade has remained flat while e-commerce has increased 20% per year. While the disruptive force e-commerce has on the economy appears most prominently in the retail sector, this latest digitalization of trade will continue to change industry trade patterns and product distribution for years to come.

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Topics: Import Compliance

Upcoming Webinar: The Ins and Outs of Tariff Classification

Posted by Nick Fabretti

With evolving import regulations and products, tariff classification can be a challenging exercise for even the most experienced international trade professional. Ensuring accuracy at the time of entry is crucial to avoid paying fines and penalties.

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Topics: Import Compliance, Global Trade Academy

Webinar: How Will the U.S. Border Adjustment Tax Affect Importers?

Posted by Julia Gorman

Nothing dominates the importing and exporting scenario in the United States more readily today than the discussion around a border tax. With a long-standing trade deficit, the U.S. imports far more than it exports and the proposed border adjustment tax (BAT) would hit imports for an additional 20%. There are supporters and detractors on both sides. 

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Topics: Import Management, Import Compliance

How to Maintain Trade Compliance in a Changing Environment

Posted by Anthony Hardenburgh

If 2016 taught us anything, it’s that the global supply chain can’t expect a continuation of the status quo, and even the surest predictions can be wrong. With last year’s tumultuous end in the rear-view mirror, global companies powering ahead into 2017 must be ready for regulatory change – both the predicted and unexpected.

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Topics: Duty Management, Import Compliance, Export Compliance, Free Trade Agreements

Missing the CBP Trade Symposium? We Have You Covered!

Posted by Nick Fabretti

Are you unable to make it to this year’s U.S. Customs and Border Protection (CBP) Trade Symposium in Arlington, VA? Or will you make it to Arlington, but would like a review of the themes and updates from the event?

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Topics: Import Management, Import Compliance

Did You Miss the BIS Update Conference? We've Got You Covered

Posted by Nick Fabretti

Were you unable to make it to this year’s Bureau of Industry and Security (BIS) Update Conference in Washington, DC? Or did you make it to Washington, DC, but would like a review of the themes and updates from the show?

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Topics: Import Management, Import Compliance, Global Trade Academy