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Trump Administration Tightens Cuba’s Sanctions Program 

Since June 2017, we have been anxiously awaiting changes to the Cuba sanctions program since President Trump signed an executive order and emphatically stated that his administration would tighten loose regulations established under the Obama Administration. On November 8, 2017, the U.S. Department of the Treasury stated, “We have strengthened our Cuba policies to channel READ MORE

President Trump Outlines New U.S. Policy on Cuba

We’ve been patiently waiting for today’s announcement since President Trump took office on Friday, January 20, 2017. Some have speculated on whether President Trump’s stance on Cuba would further diplomatic relations following the steps of former President Barack Obama, while the majority have opined that Trump’s next steps could reverse some of the changes made READ MORE

Crash Course in the Harmonized Tariff Schedule of the United States

What is the HTSUS? The HTSUS is the Harmonized Tariff Schedule of the United States. This post will give a rundown of what the HTSUS is and why it is so important: The HTSUS was established in 1989 through an act of Congress. This new tariff classification replaced the old Tariff Schedule of the United READ MORE

Hate Unfair Demurrage Charges? Want To Do Something About It?

Now’s the time to make your voice heard. Below details what demurrage charges are and a trade initiative that FMC is currently requesting comments on. What is demurrage? Demurrage is “a penalty charge against shippers for delaying a shipment/container at a port of loading or destination beyond the allowed free”.   How Much Time is Provided READ MORE

New Executive Order…Will Small Businesses Benefit?

On January 30th, the Office of the Press Secretary released the Executive Order (EO) on reducing federal regulations and controlling regulatory costs. This latest EO requires that all federal agencies “cut two existing regulations for every new regulation they implement”. According to President Trump, this EO is meant to help small businesses by easing “the READ MORE