SEDAMYL’s Post

Quick and balanaced read on de minimis.

Ah, just what we needed—more red tape gone! The government has decided to eliminate controls on foreign trade and say goodbye to that oh-so-burdensome "green stamp" on imported goods. Because who doesn’t love a surprise cost increase? This brilliant move will apply to everything from textiles to toys, and the authorities claim this will only save us a whopping 1%. You know what they say: every little bit helps—especially when it comes to the joys of international commerce! Check out the full details here: [Clarin](https://ift.tt/hNT6EkY).

Just a reminder: if you see pro-de minimis op-eds, remember that cheap imports come at a high cost. Exploiting the de minimis loophole means unsafe products are coming into the country and impacting YOU. It's time to close the loophole and support responsible trade practices. Read our memo:

🌐 The Customs and Global Trade market is constantly evolving and legislation and policies shape this market for global merchants. 📣 Last week we announced our much anticipated partnership with Customs Manager Ltd, who is not only a leader in customs processes throughout the UK and EU, but also a “go to” when it comes to knowledge on the global trade and customs industry. In this comprehensive article, CEO Arne Mielken, lays out major changes in global trade and what to expect in 2024. Some key pertinent issues on the table include the EU Customs Union Reform, the largest to date, as well as the UK’s expansion of non-EU trade deals across the globe. 👋 Doing business in the UK and EU? Learn more about trade and compliance regulations and how it affects what duties you can claim back: https://lnkd.in/diRK9dT7 #internationaltrade #customscompliance #eutrade

New research by the British Chambers of Commerce’s (BCC) Insights Unit has uncovered the scale of the impact on UK businesses caused by the disruption to shipping in the Red Sea. Almost two fifths (37%) of more than 1,000 firms surveyed overall for the research said they had been impacted – with exporters, manufacturers and B2C businesses (which include retailers and wholesalers) far more likely to report an impact. Anne White, Head of International Trade and Compliance at Thames Valley Chamber of Commerce said: “”This important research from the BCC sheds light on the immediate impacts of Red Sea disruption on UK businesses. “While spare shipping capacity has provided a buffer, prolonged challenges could escalate costs, with certain sectors more vulnerable, and further exacerbated by new customs checks. We support the BCC’s call for urgent government support and welcome the idea of an Exports Council to fortify trade strategies.” Read more here 👇 https://lnkd.in/eE_Ya5Tw There is also still time to sign up for our Global Impacts on Shipping webinar taking place tomorrow at 11am, where speaker Sue Terpilowski OBE will be providing an informative update on today’s ever challenging waterways. Sign up here 👇 https://lnkd.in/eUK7s5XF #tvcc #chamberofcommerce #internationaltrade #thamesvalley

This week's #InternationalTrade Update from our #Mexico team sheds light on recent U.S. International Trade Administration determinations impacting the industry. Stay updated on wine glass bottles and mattress trade details involving #Poland and #Slovenia. Sign up to receive future updates. https://bit.ly/2PuBOd2 #HKMexico #HKLatAm #HKLatinAmerica

Trade Tiffs and Tipple Triumphs In the often murky waters of trade negotiations, it's not every day that you hear about a David and Goliath story where the little guy comes out on top. Well, guess what? That just happened! I couldn't help but chuckle at the news that U.S. trade negotiators stood their ground against the EU to dodge a tariff tsunami on our homegrown bourbon. That's right, no extra fees on our spirited exports! It's a victory for the underdog, and let's be honest, it's also a win for all of us who appreciate a good glass of bourbon with our friends. It got me thinking about how we, at Supergay Spirits, share a similar David-esque spirit, facing down giants with our values of inclusivity and genuine taste. This little anecdote from the trade world reminds us that sometimes holding your ground (with a bourbon in hand, perhaps?) can lead to sweet, tariff-free success. And isn't that something worth toasting to? Read more about this trade tiff turned triumph here: [Article Link](https://buff.ly/3vcmG8B) Learn about our story and values at supergayspirits.com.https://buff.ly/4aAqgcC the American spirit: US trade negotiators block an EU tariff on bourbon, for now - Fox News

Today we launched our British Chambers of Commerce document on 3 years of the post Brexit UK-EU trading relationship. We present the latest survey data, analyse future regulatory developments and set out policy recommendations for improving UK-EU trade. Read it here: https://lnkd.in/eY7ifnMY #trade #ukeu #brexit

The UK government has ratified new arrangements allowing Northern Irish businesses to finally tap into the preferential tariff rates from Britain's independent free trade agreements. Hailed as a milestone, the deal resolves the long-standing issue of Northern Irish importers being unable to capitalize on the UK's ambitious new trade pacts.   Agri-Food #agricultureandfoodindustry #domesticfarmers #freetradeagreements #independenttradepolicy #InternationalMeatTradeAssociation #NorthernIrelandExecutive #NorthernIrishbusinesses #tradelandscape #UKFreeTradeAgreements #UKinternalmarket

It seems that the Global shipping current situation is impacting us more than I thought. I can't wait to hear more details from Sue Terpilowski OBE tomorrow. If you didn't book your space for our webinar tomorrow, you only have a few hours left - Book here for the webinar "Global Impacts on Shipping" https://lnkd.in/eNXfXUeG #Global #Shipping #Trade #internationalshipping #internationaltrade