Brazil and the USA maintain a strong and diversified trade relationship, which reached a total goods exchange of $92 billion in 2024. According to the U.S. Trade Representative, U.S. exports to Brazil rose by 11.3% from 2023, totaling $49.7 billion. Imports from Brazil to the U.S. also grew, reaching $42.3 billion, an 8.3% increase compared to the previous year. Trade Agreements between both countries In … Read More
U.S. Strengthens China Tariffs
In a decisive move, U.S. Trade Representative Katherine Tai announced further actions on China tariffs following a thorough four-year statutory review. This review assessed the effectiveness of tariffs imposed under Section 301 of the Trade Act of 1974, aimed at countering unfair trade practices by China, particularly in the realm of technology transfer and intellectual property. Key Outcomes of the Review: Effectiveness of Tariffs: The … Read More
The Turbulent Supply Chain Market
The global supply chain market is undergoing a period of rapid change. The rise of e-commerce, the increasing demand for sustainability, and the need for businesses to be more agile and responsive to change are all driving this change. As a result, the future of the supply chain market will be characterized by several trends, including: The increasing use of technology. Technology is already being used … Read More
What is the Country of Origin Marking Requirements?
Customs Question of the Month with Licensed Customs Broker, Jessica Parks Q: What is the Country of Origin Marking Requirements? A: All cargo that is imported into the US needs to be labeled correctly with the country of origin (country of manufacture, production, or growth). The purpose of the marking is to inform the ultimate purchaser in the US of the country in which the article … Read More
5 Tips When Exporting Your Goods
Listen to this article here: GLC INC. · 5 Tips When Exporting Goods So you have found yourself an international client who loves your product and is ready to place a large order.
Charleston Leads to Increased Direct Sailings to Europe and the Middle East
The Opening of the Hugh K. Leatherman Terminal in Charleston Leads to Increased Capacity and more robust Direct Sailings to Europe and the Middle East.
Are 301 Tariffs Eligible for Duty Drawback?
CUSTOMS QUESTION OF THE MONTH with Licensed Customs Broker, Jessica Parks Nov. 2020 Q: Are 301 tariffs eligible for duty drawback? A: Yes, However Duty drawbacks, or refunds, of these duties can only occur under specific circumstances. Your goods are eligible for duty drawback if, after being imported into the U.S., they are subsequently exported without ever entering U.S. commerce, OR they are legally destroyed … Read More
Record Import Volumes Set to Worsen West Coast Port Congestion
Peak Season is well underway and the Ports of Los Angeles and Long Beach are feeling the pressure. The increased congestion results in container delays, terminal yard closures, increased wait times, and equipment shortages.