Posts tagged export
Transforming the Trade Landscape: A Collaborative Approach by the diaspora and Multinational Corporations

Transforming the trade landscape requires a collaborative approach between diaspora communities and multinational corporations. By leveraging unique cultural insights and global networks, this partnership fosters innovation and drives sustainable growth. Together, they can navigate market challenges, enhance trade relationships, and create opportunities that benefit economies on both local and international levels.

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US Dockworker strike and the lessons from prior strikes

With the U.S. East and Gulf Coast dockworkers’ strike expected to begin on October 1, 2024, businesses dependent on these major ports face severe disruptions. This blog post outlines the immediate effects of the strike, including delays, skyrocketing shipping costs, and supply chain bottlenecks. Learn how companies can prepare for the worst-case scenarios by exploring contingency strategies for shipment rerouting, adjusting delivery timelines, and optimizing logistics efficiency. Stay ahead of the impending strike to mitigate its potential impact on your business.

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The Dangers of Undervaluing Imports: A Critical Perspective for the EXIM, Logistics, and Supply Management Teams

Undervaluing imports can pose significant risks to businesses and the supply chain as a whole. When a company inaccurately assesses the worth of its imported goods, it is often in an attempt to inflate profit margins and misrepresent the financial health of the business. Undervaluation violates customs regulations, incurring hefty fines and legal consequences including revokation of licenses, registrations and certifications. More damagingly, inaccurately reported import values disrupt supply chain dynamics, distort market pricing, and product branding. Ultimately, undervaluing imports can compromise a company’s credibility and sustainability, hindering long-term growth and stability.

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U.S. Faces Tricky Questions With African Trade Group: Balancing Values and Interests

As the AGOA program approaches its expiration in 2025, Congress will need to decide whether to reauthorize it. While there is support for renewal, lawmakers may demand significant changes to the program, making the reauthorization process challenging. The recent suspension of countries like South Africa has stirred debates about the program's integrity, considering South Africa's pivotal role in mediating peace efforts across the continent.

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