Two Minutes in Trade

CBP has provided guidance to avoid “double dipping” when it comes to paying duties twice to file replacements for canceled entries – just be sure you understand the requirements.

GAO recommends USDA and USTR change the sugar quotas under the WTO to sweeten the deal for US sugar users and US consumers. Listen for more on today’s Two Minutes In Trade. 

Drums are beating to renew the AGOA as Senator Coons floats a bill to extend and enhance the program, and Administration officials and Pres Biden urge an updated AGOA. Listen for more on today’s Two Minutes in Trade. 

Both the U.S. Endangered Species Act (“ESA”) and the Convention on the International Trade in Endangered Species of Flora and Fauna (“CITES”) regulate the international trade of nearly 40,000 endangered species and products made from endangered species.  For more information, listen to today's Two Minutes in Trade. 

·     Congress wrote a letter to the Treasury Department with recommendations on how best to implement the Biden Administration's August 9th Executive Order relating to the limit of the U.S. outbound investment into China.  For more information on this listen to today's Two Minutes in Trade.  

In today's episode, we dive into the controversial Decree Limiting Fuel Imports in Mexico.  Listen to today's Two Minutes in Trade for more information on Mexico's Energy Dilemma. 

The 20th AGOA forum kicks off, but the US deliverable falls woefully short. Congress says they want a speedy and lengthy AGOA extension, but what is moving forward?  Listen for more on today’s Two Minutes in Trade. 

Global sourcing managers and business planners now have to be geopolitical savants. Global events are impacting trade more than ever. Listen for more on today’s Two Minutes in Trade. 

While USTR is busy making “policy space” in trade initiatives, China is filling the space with global trade action and military pressure. Listen for more details on today’s Two Minutes in Trade. 

What is reciprocity?  Can we apply that concept to our trade dealings with China? Congress is exploring the idea. Listen for more on today’s Two Minutes in Trade.