Publications for International Business & Trade
We are fielding questions from companies about who they can talk to about the impact of the increase in tariffs on their business (whether that is increase in US tariffs on imports or increases in foreign tariffs on US exports).
In 2017, the U.S. Treasury Department Office of Foreign Assets Control (OFAC) assessed $119,517,845 in penalties and settlements for violations of U.S. economic sanctions.
In the last three years, growth of foreign expats working in Shanghai has declined to only about 1/10 the average annual growth of the last twelve year. Businesses are leaving and expats are being replaced by low-cost local staff alternatives.
The current prolonged downturn of the Chinese economy is the worst experienced by any of today’s Chinese business managers.
When doing business overseas, people often become so entangled in the language and cultural differences, they forget about all of the fundamental business similarities. When it comes down to signing new distribution, for example, it is pretty much the same all over the world.
Businesses receive online orders from international entities through their websites all of the time. It is important to have your team in place to investigate these offers and make sure they are legitimate requests and that you can legally fulfill the order, before too much time and too many resources are expended.
The United States is a party to a number of trade treaties with foreign countries. The E visa category was created to give effect to those treaties by providing reciprocal benefits to nationals of a treaty country.
Jean G. Schtokal and Ida Farhat discuss the importance of knowledge covering U.S. export controls and the serious consequences that exporters can face if they are violated.
The "Michigan Agriculture Exporter of the Year" application requests background information on the company and its products, the percentage growth of company exports, and the company's export destinations.
Through the Branded Program, qualified companies may obtain reimbursement for a percentage of their international marketing expenses for Michigan agriculture and food exports.
Michigan small businesses with 500 employees or less can apply for reimbursement of up to $25,000 of export costs pursuant to an initiative called the Michigan State Trade and Export Promotion (STEP) Grant Program.
Did you know that the Michigan Department of Agriculture and the Food Export Association of the Midwest offer a 50 percent cost reimbursement on certain pre-approved eligible international marketing and promotional activities for Michigan small to medium sized businesses?
Brazil should be part of your international growth strategy. Brazil is the fifth largest country in the world in terms of population and size.
Companies should exercise considerable care before making sales to purchasers based in certain foreign countries.
U.S. exporters may be able to reduce their U.S. effective tax rate by establishing an IC-DISC.