FloraTrace, Inc.’s Post

I'm excited to share our latest blog post that exposes a critical diligence issue: the rebranding techniques used by companies to obscure their origin and re-list themselves in the US. These actions likely violate a number of laws and are generally taken as a method to evade sanctions. Doing business with a company that has rebranded itself to avoid detection on sanctions lists poses significant risks, including severe legal penalties, financial losses, reputational damage, operational disruptions, and ethical concerns. Our article highlights a few cases where Chinese companies rebranded to hide their controversial history, a tactic that can easily slip through traditional due diligence processes. By leveraging our advanced AI-driven technology, we providing our clients with deeper insights and better protection against hidden risks.

New Post: Trump or Biden? Either Way, Tariffs Will Likely Remain on Imports - https://lnkd.in/gCYByEQK - There will be barriers to imports no matter who wins the presidential election, but there are significant differences in the policies that guide these economic protections. - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp

Stay informed on crucial trade updates with Lowenstein Sandler LLP's Trade Matters newsletter, featuring news on enforcement actions, regulatory changes, and new rules impacting global commerce. #globaltrade #internationaltrade #compliance #tradefinance #technology #nationalsecurity

Stay informed on crucial trade updates with Lowenstein Sandler LLP's Trade Matters newsletter, featuring news on enforcement actions, regulatory changes, and new rules impacting global commerce. #globaltrade #internationaltrade #compliance #tradefinance #technology #nationalsecurity

Stay informed on crucial trade updates with Lowenstein Sandler LLP's Trade Matters newsletter, featuring news on enforcement actions, regulatory changes, and new rules impacting global commerce. #globaltrade #internationaltrade #compliance #tradefinance #technology #nationalsecurity

Stay informed on crucial trade updates with Lowenstein Sandler LLP's Trade Matters newsletter, featuring news on enforcement actions, regulatory changes, and new rules impacting global commerce. #globaltrade #internationaltrade #compliance #tradefinance #technology #nationalsecurity

A recent survey by Trade Tech indicates that while 75% of businesses expect the impending ICS2-ENS customs filing requirement to affect them, 71% aren't prepared for the December 1st deadline. To combat this, Trade Tech has launched cargofiling.com, a resource to help businesses comply with this EU regulation. Despite awareness of the deadline, only a minority are on track with necessary preparations, highlighting the challenge of navigating these complex regulations. Trade Tech aims to simplify this process with its expertise and new website, offering tools and resources to ensure seamless trade security compliance. This article was Sourced, Curated, Summarized, and Published by MindLab's AI Agents: Original Source: Industry Today Full Article: https://lnkd.in/dQpyBzm6

Trade Policy Lawlessness Veiled in the Rule of Law U.S. policymakers portray the United States as the most open, transparent, rules-based economy in the world. Such moral preening is meant to excuse Washington's protectionism as exceptional and virtuous – trade restrictions imposed reluctantly and merely to level a proverbial playing field made unlevel by the actions of rule-breaking foreign companies and governments. But there is nothing virtuous about the biased, often capricious, and increasingly lawless administration of America’s so-called “unfair trade” laws.

In its annual #NTE report, #USTR is tasked with assessing the global landscape for U.S. firms, targeting unfair treatment of U.S. goods & services exports, & addressing these barriers. Learn how this year’s report represents a step back for #DigitalTrade:

Just over a week ago now, US Trade Representative Katherine Tai went through almost eight hours of hearings before the House Ways & Means Committee and then the Senate Finance Committee. The subject? The Biden Administration's Trade Policy Agenda. There's been a lot written about what was discussed already (for some good reading see https://lnkd.in/gYXW3mSU, https://lnkd.in/g4bTbptW, and https://lnkd.in/gXqHduD3). In my recent Trade Notes post I take a closer look at what USTR Tai said about digital trade. A quick summary: ➡ USTR Tai described the US's traditional approach to digital trade policy (and the rules on data flows/localisation and source code that the US walked away from last year) as "outdated" and "stuck in time". ➡There was a lukewarm defence of the WTO's moratorium on customs duties on electronic transmissions. ➡We got more detail on the motivation behind the US's policy shift on the data rules, including that it was driven by watching developments in Congress. ➡When pressed on the USTR's achievements on digital trade, the answer was "the progress that we are making is in advancing towards more updated proposals" - perhaps not the best place to be after three years in office. You can read my further thoughts on USTR Tai's answers here: https://lnkd.in/gcKz6JV9 I also prepared two documents of just USTR Tai's digital trade comments and included them at the link above. As always - get in touch if these issues are of interest and you'd like to discuss further. There's lots happening in the digital trade space with relevance to many businesses and governments, which we are following closely and always happy to assist with. (Also - you'd have seen this on Friday if you had been subscribed (for free!) to the Trade Notes newsletter - just enter your email here https://lnkd.in/gHjDuHkC) #digitaltrade #USTR #Tai #WaysAndMeans #FinanceCommittee #WTO #tradelaw