Preparations are underway at ports in the projected path of Hurricane Irma, expected as of Friday morning to move up the Florida Keys and hit the continental U.S. near Miami this weekend. The ports of the U.S. Virgin Islands and Puerto Rico are closed – the Coast Guard’s Condition Zulu….
Datamyne Blog
Covering trade & transport, with tips on using import-export data to advantageCommerce Dept. Imposes Steep Duties on Biodiesel Imports
Preliminary determination in AD/CVD investigations sets rates as high as 68 percent for duties on biodiesel imports from Argentina and Indonesia. Duties are applied 90 days retroactively to Argentine shipments. The Department of Commerce has determined that exporters of soybean-based biodiesel in Argentina and Indonesia have been supplying their product…
Hurricane Harvey Disrupts Trade as Record Rains Hit Texas Coast
Examining the Strategic Role of Affected Deep-water Ports As of today (August 30), it’s too soon to gauge Hurricane Harvey’s impact, let alone target dates for recovery. Even as the rains eased in Corpus Christi (near the hurricane’s landfall) and Houston, Harvey has pivoted toward the Texas-Louisiana border. One clear result:…
U.S. Tightens Venezuela Sanctions
More Venezuelans join the Office of Foreign Assets Control (OFAC) list of sanctioned individuals. A new executive order prohibits U.S. dealings in Venezuelan government stocks and bonds. The U.S. continued to ratchet up Venezuela sanctions with the aim of achieving political change by exerting economic pressure on the government. Last month,…
USTR Outlines Objectives in Renegotiating NAFTA
The USTR plan for renegotiating NAFTA is largely about bringing it in line with trade policies developed since 1994. What’s really new: The U.S. states its goal is to reduce the U.S. trade deficit. Talks are set to open August 16. The first round of talks to revise the 23-year-old…
FSVP & Data Management: Two Keys to FDA Compliance
The FDA’s Foreign Supplier Verification Program (FSVP) implements provisions of the Food Safety Modernization Act. Leading businesses are enabling compliance, considering data management and implementing a holistic regulatory strategy. By Myra Reynolds, LCB, CCS, guest columnist The FDA’s Food Safety Modernization Act (FSMA) rule on the Foreign Supplier Verification Program (FSVP)…
U.S. OFAC SDN List of Sanctioned Venezuelans Lengthens
Thirteen current and former government officials in Venezuela are designated for sanctions that freeze their U.S. assets and bar U.S. persons from doing business with them. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added 13 current or former senior officials of the Venezuelan government…
Argentina Clears Mercosur-Egypt FTA for Take-off
With Argentine Congressional approval, the free trade agreement signed by trade bloc members and Egypt in 2010 will enter into force within a month. Argentina announced it has sent its formal ratification of the Mercosur-Egypt FTA to the regional trade bloc’s headquarters in Asunción, Paraguay. Implementation of the FTA will…
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