All importers of merchandise into the U.S. must establish internal controls so that Customs can see that the company has control over its supply chain including the security and safety of the regulated product. Each importer has a profile tracked by Customs and the agency does a risk analysis when...
The U.S. government restricts trade with certain entities and individuals because of national security or other foreign policy concerns. Several different agencies maintain lists of these restricted parties. Although checking these lists is a very simple task, and the potential penalties for doing business with a restricted party are quite...
The current economy pays little attention to traditional geographic boundaries, as evidenced by the rapid expansion of American companies doing business overseas.