Reidellawfirm.com | Can I Import from or Export to Cuba?

Can I Import from or Export to Cuba?

Nobody wants a visit from law enforcement for an avoidable offense. As an importer or exporter dealing in foreign trade, it’s good to stay up on Cuba sanctions.  That way your business can access this market. The United States maintains limited engagement with the Cuban government. But there are exceptions to restrictive foreign affairs.  And[…]

Reidellawfirm.com | How Has Nearshoring Impacted the U.S. Economy?

How Has Nearshoring Impacted the U.S. Economy?

How Has Nearshoring Impacted the U.S. Economy? In recent years, reliance on global supply chains has led to increased risks.   Not only for U.S. companies but our economy as a whole.   Nearshore outsourcing is the suggested solution from the White House.  But with that comes the debate about how realistic an option it is.  Which[…]

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.[…]