Reidellawfirm.com | What Are Carnets and How Are They Used?

What Are Carnets and How Are They Used?

Originally walking slowly towards the customs authority, Ray suddenly quickened his pace. The reason behind his change of gait was a welcome thought.  “That’s right, I don’t have to pay duty fees!” Acting almost like a “merchandise passport,” ATA carnets aren’t necessarily mainstream knowledge.   We aim to change that in the following article.  By the[…]

Reidellawfirm.com | Trade Embargoes and Sanctions

Trade Embargoes and Sanctions

OFAC (Office of Foreign Assets Control) heads the United States sanctions compliance program. As a part of the U.S. Treasury Department, they take a risk based approach in the search for red flags raised by an industry or nation. Besides their Specially Designated Nationals (SDN list) and Blocked Persons list, OFAC sanctions affect various entities.[…]

Reidellawfirm.com | Country of Origin Labels

Country of Origin Labels

What Are Country of Origin Labels and What Do They Mean for Consumers? These are labels that indicate the country where a product was made. They are intended to help consumers make informed choices about the goods they purchase. There are several different types of country of origin labeling systems, but the most common is[…]