Month: March 2023

Constellations

Constellations

There are 88 constellations officially recognized by the International Astronomical Union. This list of modern constellations was adopted by the IAU in 1922 and 36 modern constellation lie principally in the northern celestial hemisphere, while 52 are found in the southern sky. Ancient sailors navigated maritime trade routes using a combination of techniques including celestial navigation which is 4,000 years old. In the beginning it was primarily a multitude of spices traded among the various Mediterranean routes. To this day, the spice and seasoning trade is changing world history and has a market projected to grow to $26 billion by 2029. Braumiller Law Group loves the science behind global trade compliance.

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Buy American Act

The Buy American Act

The Buy American Act (BAA) was enacted during the Depression in 1933 to encourage the federal government to buy from American companies. To qualify as a domestic product the manufactured product must meet two requirements. First the end product must be manufactured I’m the United States, and second, the end product must be made of substantially all U.S. sourced components. This percentage threshold has increased to 65%. Some companies are following the new Buy America preferences, while others may need to make significant adjustments to their supply chain and domestic manufacturing processes to meet the stringent “produced in the U.S.” requirements.

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Who is the IOR

Who is the IOR? Importer of Record

One of the most common questions asked within our initial consultation with clients is, who is the IOR? The Importer of Record (IOR) is the essential entity in international trade. It is the one who is responsible for complying with all customs regulations, facilitating smooth import operations and managing all potential legal liabilities. It is essential when conducting due diligence and avoiding penalties.

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Coffee

Ahh Coffee

About $10 billion in coffee was imported into the U.S. in 2022 with 50% primarily coming from Brazil and Columbia at roughly $2.2 billion each. It’s a staple in the majority of American’s daily lives via a kick of caffeine in the morning. The amount of business discussed daily over numerous cups of java goes without saying. If you’d like to have a cup with us and have a chat about anything international trade compliance related, we’ll be here. BLG can help you with Global Trade Compliance.

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question mark

A Head Scratcher

By Bruce Leeds, Senior Counsel, Braumiller Law Group

A product has a country of origin of China, is not subject to China 301 duties and is eligible

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Constellations

Constellations

There are 88 constellations officially recognized by the International Astronomical Union. This list of modern constellations was adopted by the IAU in 1922 and 36 modern constellation lie principally in the northern celestial hemisphere, while 52 are found in the southern sky. Ancient sailors navigated maritime trade routes using a combination of techniques including celestial navigation which is 4,000 years old. In the beginning it was primarily a multitude of spices traded among the various Mediterranean routes. To this day, the spice and seasoning trade is changing world history and has a market projected to grow to $26 billion by 2029. Braumiller Law Group loves the science behind global trade compliance.

Read More »
Buy American Act

The Buy American Act

The Buy American Act (BAA) was enacted during the Depression in 1933 to encourage the federal government to buy from American companies. To qualify as a domestic product the manufactured product must meet two requirements. First the end product must be manufactured I’m the United States, and second, the end product must be made of substantially all U.S. sourced components. This percentage threshold has increased to 65%. Some companies are following the new Buy America preferences, while others may need to make significant adjustments to their supply chain and domestic manufacturing processes to meet the stringent “produced in the U.S.” requirements.

Read More »
Who is the IOR

Who is the IOR? Importer of Record

One of the most common questions asked within our initial consultation with clients is, who is the IOR? The Importer of Record (IOR) is the essential entity in international trade. It is the one who is responsible for complying with all customs regulations, facilitating smooth import operations and managing all potential legal liabilities. It is essential when conducting due diligence and avoiding penalties.

Read More »
Coffee

Ahh Coffee

About $10 billion in coffee was imported into the U.S. in 2022 with 50% primarily coming from Brazil and Columbia at roughly $2.2 billion each. It’s a staple in the majority of American’s daily lives via a kick of caffeine in the morning. The amount of business discussed daily over numerous cups of java goes without saying. If you’d like to have a cup with us and have a chat about anything international trade compliance related, we’ll be here. BLG can help you with Global Trade Compliance.

Read More »