international trade

Chaebols May Wabble but They Don’t Fall Down How Samsung Became 23% of South Korea’s GDP

By Bob Brewer, Braumiller Law Group

Chaebols are large, family-owned business conglomerates that play a significant role in South Korea’s economy. These conglomerates have a significant influence on the South Korean economy and are often involved in various government decisions. This rather close relationship has resulted in not just mutual support, but the government providing subsidies, loans, and tax incentives.

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Global trade deficits

All Is Fair in Love and War, But Apparently Not Trade Closing the Gap on Global Trade Deficits with the U.S.

By Bob Brewer, Braumiller Law Group

In addition to the tariffs on Mexican, Canadian and Chinese imports, Trump is also set to announce a litany of what he deems to be reciprocal tariffs across the globe come April 2, the day after the conclusion of an investigation the President ordered. These tariffs are aimed at balancing trade with other countries, some of which have higher tariff rates on US exports than the US imposes on imports from those nations.

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Panama Canal

Options to the Panama Canal Perhaps?

By Bob Brewer, Braumiller Law Group

Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and Asia to N. America. One was to sail around the southern tip of South America (Cape Horn) adding months to the journey if they were lucky enough to make it through what is known as one of the most hazardous shipping routes in the world, where it’s estimated that over 800 ships have been lost over the last couple of centuries of trade.

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Section 232 Tariffs

President Trump Restores Section 232 Tariffs

By: Brandon French, Senior Associate, and Olivia Van Pelt, Law Clerk at Braumiller Law Group

On February 10, 2025, President Trump signed proclamations to reinstate the full 25% tariff on steel imports and increase tariffs on aluminum imports to 25%. Section 232 of the Trade Expansion Act of 1962 affords the President with the authority to adjust imports being brought into the U.S. in quantities or under circumstances that threaten to impair national security. The President says the reinvigorated Section 232 tariffs “will support the program’s original objective of revitalizing the domestic steel and aluminum industries and achieving sustainable capacity utilization of at least 80%.”

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usmca

USMCA Part Three: What to Do about Joint Review

By: Adrienne Braumiller, Founder of Braumiller Law Group and Gavin Andersen, Law Clerk, Braumiller Law Group

The United States-Mexico-Canada Agreement (USMCA) joint review process is scheduled to begin on July 1, 2026, but the time to prepare is now. Embedded trade compliance professionals should already be doing scenario analysis—pulling data, calculating the supply chain impacts of potential changes, and helping their companies to strategize accordingly.

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China belt and road

China’s Belt and Road Initiative, Building Global Infrastructure Regarding Trade, It’s a Major Competition

By Bob Brewer, Braumiller Law Group

In 2024, China’s Belt and Road Initiative (BRI) saw significant financial engagement. Preliminary data indicates that China invested approximately $92.4 billion in various projects across the 149 countries involved in the BRI. China’s Belt and Road Initiative (BRI) encompasses numerous large-scale infrastructure projects across the globe.

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China in Mexico

Chinese Industrial Parks in Mexico, Mexico a Growing Hub for Chinese FDI (And BYD)

By Bob Brewer, Braumiller Law Group

As of now, the start of 2025, there are several Chinese industrial parks in Mexico, with notable examples including the Hofusan Industrial Park near Monterrey, which hosts manufacturing plants for ten Chinese companies. When one is considering how to navigate the U.S. import tariffs, for many Chinese manufacturers, pulling the trigger on nearshoring is the right move.

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America First Trade Policy

Should we Expect More Tariffs in the Future? Understanding Trump’s America First Trade Policy

By: Brandon French, Senior Associate, and Olivia Van Pelt, Law Clerk at Braumiller Law Group

As one of his first official acts as President, Trump released his memorandum on America First Trade Policy. The policy offers insight into the new administration’s trade priorities and calls for a review of current trade-related policies. President Trump says his goal is to establish “a robust and reinvigorated trade policy that promotes investment and productivity, enhances our Nation’s industrial and technological advantages, defends our economic and national security, and — above all — benefits American workers, manufacturers, farmers, ranchers, entrepreneurs, and businesses.” 

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madman theory

Trade War and the Madman Theory: A Personal Reflection

By: Kerry Wang, Senior Associate, Braumiller Law Group

I can’t help but reflect on a negotiation seminar I took in law school, where we studied the Madman Theory, popularized by Richard Nixon. The theory suggests that acting unpredictably or being willing to take extreme actions can create leverage. If your opponent believes you might “blow it all up,” they may feel forced to make concessions. This strategy clearly echoes Trump’s approach to trade policy.

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coercion in international trade

Is Coercion the Best Approach to North American Trade?

By: James R. Holbein, Of Counsel

The Trump Administration has demonstrated a willingness to apply new tariffs to goods entering the U.S. as a viable tactic under its America First strategy to achieve greater fairness in its dealings with other countries. The application of tariffs is authorized under a number of standard legal procedures, such as trade remedy investigations to mitigate dumping of goods at less than fair value into the U.S. market or eliminating the unfair price advantages of government subsidies, and use of section 301 duties to respond to unfair trade practices by other countries. However, the broad-brush use of tariffs to coerce our trading partners to make concessions in non-trade areas to resolve a domestic crisis is relatively new.

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chemical classification

Chemical Classification, It Matters, Now More Than Ever-To Most

By Becky Urbanek, Braumiller Consulting Group

If you have a company that imports chemicals – whether they are used as raw materials or components for onward manufacturing, or finished goods containing chemical components – you have been facing significant challenges over the last half-dozen years. Some of these challenges include the trade wars with China (I’m looking at you, Section 301) and the disruptive impact of COVID-19 to global supply chains. In response to these challenges, you have maybe modified your supply chain to reduce your dependence on Chinese chemical imports.  Or perhaps your supply chain was not largely affected by Section 301 tariffs (if so, consider yourself lucky – and may your luck hold!).

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External Revenue Service

The External Revenue Service: A Bureaucratic Overreach or Necessary Reform?

By: Victoria Holmes, Braumiller Law Group

President Donald Trump made headlines when he announced an External Revenue Service (ERS) agency to collect tariff incomes. The announcement sparked a heated debate among trade experts, economists, and business leaders. But, what exactly would be the purpose of the agency? Well, we can take the words spoken from his inauguration address as an answer.

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China in Latin America

China’s Growing Influence in Latin America: Infrastructure Investments and Implications for the Panama Canal

By: Victoria Holmes, Braumiller Law Group

China has significantly expanded its economic and geopolitical footprint in Latin America, particularly through the acquisition and development of critical infrastructure such as ports, airfields, and railways. This strategic move has raised questions about the long-term implications for regional sovereignty, global trade routes, and the future of the Panama Canal, a linchpin of international maritime commerce.

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Customs Exam

The U.S. Customs Broker License Exam: Tips and Perspectives

By Mike Smiszek, Senior Trade Advisor, Braumiller Consulting Group

A customs broker license is issued to a person who has successfully passed a grueling licensing exam (after paying the exam fee), submitted a license application (along with another fee), and passed the subsequent FBI background investigation. The open-book exam, which lasts 4½ hours and comprises 80 multiple-choice questions, is ostensibly intended to measure one’s knowledge about various customs-related regulations and practices yet experience or employment in a customs-related job is not a prerequisite.

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