Aaron Ansel Aaron Ansel

Agricultural Tariffs: Quotas vs. Duty

Quotas are designed to protect domestic industries from foreign competition, while duties are intended to raise the price of imported goods so that consumers will buy more domestic products.

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Aaron Ansel Aaron Ansel

Russia Sanctions Challenges: Three Examples

Complying with US sanctions rules is easier said than done. Many companies are still trying to determine what products and services are prohibited and what activities would trigger a sanctions violation. Consider the following examples.

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Aaron Ansel Aaron Ansel

Import Compliance: An Introduction

Import trade compliance is the process of ensuring that imported goods comply with applicable laws and regulations in the country of import. Trade compliance includes a number of activities, such as classification, valuation, licensing, and record-keeping.

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Aaron Ansel Aaron Ansel

What is the Commodity Control List?

The Commodity Classification List includes items that can be used in the development, production, and delivery of WMD, as well as items that can be used to support terrorist activities. The CCL covers a wide range of items, including minerals, metals, chemicals, and microorganisms.

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Aaron Ansel Aaron Ansel

Machine Learning and Import Classification

Machine learning can help importers determine the correct HS classification for their products by providing a more efficient and accurate way to identify the right classification code for a product.

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Aaron Ansel Aaron Ansel

Standards Adoption in Trade: What, Why, and How.

Industry standards are the norms or conventions established by an industry or sector. They can be voluntary, such as in the case of best practices, or they can be mandatory, as is often the case with regulatory requirements.

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Aaron Ansel Aaron Ansel

What is the UFLPA and Why Should Importers Care?

The UFLPA was created to stop the import of products made with forced labor from the Xinjiang region of China. The law also established the Forced Labor Enforcement Task Force to develop a strategy for preventing goods made with forced labor from being imported into the United States.

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Aaron Ansel Aaron Ansel

How Can Digital Standards Reduce the Cost of Trade?

As things stand, the process of buying and selling goods internationally is needlessly complicated, time-consuming and expensive. The problem, however, isn’t a lack of innovative solutions, but that they are not being adopted on a large enough scale to make a real difference.

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Aaron Ansel Aaron Ansel

What is Supply Chain Optimization?

The term “supply chain optimization” is used to describe the process of improving the efficiency and effectiveness of a company’s supply chain.

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Aaron Ansel Aaron Ansel

The Benefits of Blockchain in Supply Chain Traceability

There are many benefits to using blockchain in supply chain management. First, it creates an undeniable transparency in the supply chain, which builds trust among stakeholders.

Second, it enables compliance by external stakeholders through the use of smart contracts and audit trails. Finally, it has the potential to reduce costs associated with liability claims and lawsuits.

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