Your address will show here +12 34 56 78
Uncategorized

Negotiators say talks are going well even amidst new disagreements


With NAFTA at the forefront of business minds all over North America, Trump may be throwing another wrench into the negotiations: a condition concerning Mexican immigration.


Trump wants to make undocumented Mexican labour something Mexico itself has to solve as a condition of NAFTA. It is currently unclear as to whether or not this is something that will actually come up at the talks, especially given ministers from all three countries are pushing to wrap up the deal.


While Trump says there is no deadline for the new deal, he has previously said that the talks were coming along great. However, Trump’s threats to leave NAFTA completely and his new threat to tie Mexican immigration to the deal still have business leaders in the country worried.


Canada and Mexico still are optimistic that a deal will be reached by May, even with the two countries disagreeing with the United States on the details of a number of issues. Mexico has no intention of bringing immigration to the NAFTA table, however—Mexico’s defense is that its migration policy is domestic and attempts to tie NAFTA to it are an unacceptable.


The potential issue of Mexican immigration controls isn’t the only one making a finalized NAFTA deal complicated. The automotive industry is another tense point; Canada and Mexico are reluctant to adhere to tougher regulations about the contents of and tariffs on vehicles made in North America. While the Trump team has relaxed on the issue, it hasn’t gone away completely.
 

Dairy exports and imports are also a thorny issue. Duty on milk imports in Canada is priced at 270%, which effectively creates a protectionist economy that prioritizes Canadian business within Canada. The United States wants to make more inroads in Canadian markets such as dairy, but Canada doesn’t want that to happen. Neither country wants to budge. It remains to be seen how NAFTA will handle the agricultural supply chains, such as dairy.


However, despite all the uncertainty, at least two of the countries are sure a new deal will be finalized soon—and Mexico in particular is invested in getting a deal out, given an election in July might shake up their administration and change the terms Mexico wants and is willing to work with.

0

Why should you consider a Customs Broker?



Customs Brokers are available to handle the documentation of point of origin, cost, and goods of your exports and imports. You
may have heard of them before, but why should you use one? You could consider handling your business’ imports and exports on your own, but it’s a hassle keeping up with the process, especially as laws and regulations change (and as more are possibly set to change) in the current political climate.

 

American businesses, especially small businesses, can benefit greatly from a professional Customs Broker handling their exports.

 

A Customs Broker will take away the frustration. Instead of working to clear your shipped goods on your own, you can pass off the relevant information for your exports and know professionals are taking care of the details. Professional Customs Brokers know the bureaucracy of customs better than you ever will need to. Tariffs, local laws, and the differing regulations around transport methods needn’t be your concern—you know your business, and they know theirs.

 

This means that you don’t have to worry about keeping customs paperwork in order. Less frustration and less time spent on preparing your goods for exporting means you have more time to focus on what matters—expanding your business.

 

Customs Brokers can help there, too. American small businesses stand to break into Canadian markets with ease with a Customs Broker. That’s over 33 million more potential consumers for your business you can access with ease, especially with streamlined online Customs Broker services.

 

All the expertise of a Customs Broker means you stand to save money as well as time. No more guesswork on customs regulations that may mean returned goods and lost shipping costs. Customs Brokers can also help you set yourself and your imports to Canada as commercial, saving American businesses provincial tax and potentially allowing for tax credits.

 

If you’re ready to speak to a Customs Broker for your business, you can find out more here.

 

0

U.S. Customs
Trade tensions between America and China are only getting worse. The countries have been locked in growing hostilities in trade, with the two trading blows and regulations meant to counter the other. 

  The newest shake up between the nations is the banning of sales to Chinese telecom giant ZTE Corp. The ban will last for seven years, and is the result of ZTE illegally shipping American goods to Iran and violating an agreement reached after being caught. As the company’s stock falls, ZTE claims the move will be devastating to their business.

  This is only the newest move in the chess game of trade between China and the United States. The move has all tech firms based in China either seeing their stocks fall or worrying when it will happen next.

  The uncertainty of sanctions against companies isn’t going over well in China.

  American firms are concerned about retaliation from China. The threat of strong tariffs on Chinese goods is still fresh, and hand in hand with this new move as well as considering even stronger restrictions on the Chinese tech sector, China’s response likely will not be without pain for American companies.

    It’s entirely possible that the United States has opened up a door for China with this move. While China has announced its intention to place tariffs on American goods, the fact of the matter is that exports from America to China truly are not that high. China had been running out of arms in the fight.  

Now, however, the tech sector might come into their sights. With American tech giants such as Apple doing business in China—business so entrenched that they can’t simply leave China preemptively—China has a number of American companies in a very precarious position.  

American export tariffs could only take China so far in this trade war, but as the American tech sector could be under fire next, it doesn’t look like tensions will simmer down any time soon.
0

Uncategorized
With NAFTA at the forefront of business minds all over North America, Trump may be throwing another wrench into the negotiations: a condition concerning Mexican immigration.

Trump wants to make undocumented Mexican labour something Mexico itself has to solve as a condition of NAFTA. It is currently unclear as to whether or not this is something that will actually come up at the talks, especially given ministers from all three countries are pushing to wrap up the deal.

keep reading
0

Uncategorized
Washington State is being accused of imposing an embargo on shipping coal by private company Lighthouse Resources Inc—but not legally. Lighthouse claims they have a lease for their Washington land that allows coal exports, but Washington has blocked a key aspect of the construction of the coal terminal.

Anyone else looking to export coal in Washington isn’t going to have much luck either. Lighthouse’s coal terminal’s construction being blocked makes it the sixth coal terminal to be denied approval in some way in the state. This terminal—dubbed the Millennium Coal Terminal—isn’t being denied outright, though.

In order to proceed with finalizing and operating the coal terminal, Lighthouse needs a key water quality permit. It’s been denied on the grounds of, Lighthouse accuses, a philosophical opposition to coal.

Washington is sticking to its guns—Lighthouse’s application for the permit, which outlined 240 pages of information about the coal terminal’s water quality plans, was rejected with prejudice. Lighthouse cannot refile, which means the coal embargo they are accusing Washington State of enforcing has fallen on them. Without that water quality permit, the terminal cannot legally go forward.

The conflict is opening up a lot of questions about state sovereignty and the reaches of the law. The fact is that while coal goes against Washington’s Governor Inslee’s commitment to alternative fuels, Washington didn’t reject the water quality permit based on a state law or regulation. Instead, the permit was denied based on concerns about rail transport of the coal from Wyoming and Montana by rail and the possible emission—and rail-related effects are under federal control.

Any actions taken by Lighthouse on a state level to mitigate their coal terminal effects mean nothing, according to the state, but they’ve cited a federal technicality to support their right as a state to decide what goes on inside its borders.

Whether or not the claim will hold up has yet to be seen. Lighthouse has filed a lawsuit against the state and expects the denial to not hold up, and they’re citing federal laws in their case. Washington’s side has environmentalist groups looking to support them; Lighthouse’s has the rail company implicated in the permit denial. One thing is for certain: whatever the outcome of the lawsuit is, it’s going to have a big impact on the ideological struggle between state sovereignty and federal law.
0

Uncategorized
Customs Brokers are available to handle the documentation of point of origin, cost, and goods of your exports and imports. You may have heard of them before, but why should you use one? You could consider handling your business’ imports and exports on your own, but it’s a hassle keeping up with the process, especially as laws and regulations change (and as more are possibly set to change) in the current political climate.

American businesses, especially small businesses, can benefit greatly from a professional Customs Broker handling their exports.

A Customs Broker will take away the frustration. Instead of working to clear your shipped goods on your own, you can pass off the relevant information for your exports and know professionals are taking care of the details. Professional Customs Brokers know the bureaucracy of customs better than you ever will need to. Tariffs, local laws, and the differing regulations around transport methods needn’t be your concern—you know your business, and they know theirs.

This means that you don’t have to worry about keeping customs paperwork in order. Less frustration and less time spent on preparing your goods for exporting means you have more time to focus on what matters—expanding your business.

Customs Brokers can help there, too. American small businesses stand to break into Canadian markets with ease with a Customs Broker. That’s over 33 million more potential consumers for your business you can access with ease, especially with streamlined online Customs Broker services.

All the expertise of a Customs Broker means you stand to save money as well as time. No more guesswork on customs regulations that may mean returned goods and lost shipping costs. Customs Brokers can also help you set yourself and your imports to Canada as commercial, saving American businesses provincial tax and potentially allowing for tax credits.

If you’re ready to speak to a Customs Broker for your business, you can find out more here.
0

Uncategorized
Amazon is the biggest e-commerce marketplace right now. Chances are even you have purchased an item from the website at least once. The best part about Amazon isn’t necessarily the ease at which we can make purchases from the comfort of anywhere, though. The best part is that it is not a closed online marketplace. Any business owner — small or big– or entrepreneur, can register as an Amazon seller and gain access to the vast sea of consumers.

Upon registering as an Amazon seller, businesses have two options: the Professional seller or Individual seller programs. Your choice will depend on the level of maturity that your business has reached at the time of becoming a part of the marketplace, but what is important to note is that in either case, a percentage of your total revenue will be deducted by Amazon: this is called the Referral fee.

Referral fees are one component comprising Amazon’s relatively short list of selling fees. The Referral fee varies in percentage deductible according to product category. For example, books have a 15% referral fee — in some cases, the percentage can go as low as 6%!

The deductions that Amazon collects from your total revenue are no arbitrary calculation. For all products, Amazon calculates a percentage from the total amount paid by the customer, including delivery charges and add-ons, such as gift wrapping. It is from this sum that the Referral fee emerges and is collected.

Amazon’s Selling fees, including the Referral fee, could be seen as the equivalent to a business paying rent for a shop in the physical world. As we know, nothing in life comes for free, but these deductions are a truly small price to pay for the exposure your business will receive in the Amazon marketplace.
0

U.S. Customs
When President Obama was in office in 2016, his decision for the United States to be a part of the Trans Pacific Partnership (TPP) was based on strengthening economic ties with Asian Nations. Flash forward to President Trump’s first week in office, and the TPP is officially terminated.

Trump supported his decision by insisting that the TPP would have harmed the country’s workers. If the partnership had passed, it is argued that the US would have seen job losses in their manufacturing industry. In fact, even Bernie Sanders expressed gratitude towards Trump’s decision.

With the US pulling out, eleven countries were left committed to going forward, but unable to. The TPP’s enactment date was set for February 2018; Trump opted out on January 23, 2018. In order for the agreement to have gone forward, a portion of the countries making up 85% of the network’s economic output would have to have signed. Of course, the US made up a significant portion of that 85%.

Singapore, Brunei, New Zealand, Chile, Australia, Peru, Vietnam, Malaysia, Mexico, Japan, and Canada decided to move forward, even without the US. They have since renamed the agreement, “Comprehensive and Progressive Agreement for Trans-Pacific Partnership” (CPTPP).

Although President Trump maintained his position that the TPP did not reflect his America First Policies, only a couple days after opting out, he expressed a willingness to renegotiate. The President made it clear that the US had been made a “terrible deal”. If the US were offered a better deal, Trump would reconsider.

At this point, however, the CPTPP is moving forward without the involvement of the US.
0

Forms and Documents, U.S. Customs
Expanding into international markets is a worthwhile business decision. There is no need to occupy a physical address in the country whose market you wish to become involved in either. By registering to become a non-resident importer (NRI), you can do all your business from the comfort of your home – wherever that may be!

As a NRI, you facilitate both the exporting and importing of your product from origin to destination. Once your product has cleared customs and crossed the border, it is considered to be coming from a domestic retailer. This is made possible by the fact that you will have obtained a domestic business number.

keep reading
0

U.S. Customs

In January 2018, import prices rose by 1% in the United States in contrast to a forecasted rise of 0.6%; the forecasted rise for December 2017 was 0.2% but turned out to only be 0.1%.

What caused such an unexpected hike in import prices in January 2018? There are two factors at play here: the cost of imported petroleum, and the weakening US dollar against foreign trade partners’ currencies.

0

PREVIOUS POSTSPage 1 of 3NO NEW POSTS