Select from the drop down menu options to find helpful trade tips.
New Export market opportunities
Did you know that in the past 5 years, three US free trade agreements have gone into effect: US-Korea, US-Colombia, and US-Panama?
In addition, the Trans-Pacific Partnership agreement (TPP) was concluded in October 2015, paving the way for new export market opportunities for US goods into Japan, Vietnam, and Malaysia in the next few years. If implemented, TPP paves the way for new export market opportunities for US goods into Japan, Vietnam, and Malaysia in the next few years, and will allow US exporters to more effectively compete against China in their own backyard.
Free trade agreements are a good way to find new overseas customers and offer price-competitive products as a result of lower tariff costs. For FTAs that will come into force in the future, US manufacturers should educate themselves on duty reductions and phase outs to support strategic planning. Let TradeMoves help your company quantify the opportunities to reduce costs for export of your goods to customers in Latin America and Asia Pacific regions.
In addition, the Trans-Pacific Partnership agreement (TPP) was concluded in October 2015, paving the way for new export market opportunities for US goods into Japan, Vietnam, and Malaysia in the next few years. If implemented, TPP paves the way for new export market opportunities for US goods into Japan, Vietnam, and Malaysia in the next few years, and will allow US exporters to more effectively compete against China in their own backyard.
Free trade agreements are a good way to find new overseas customers and offer price-competitive products as a result of lower tariff costs. For FTAs that will come into force in the future, US manufacturers should educate themselves on duty reductions and phase outs to support strategic planning. Let TradeMoves help your company quantify the opportunities to reduce costs for export of your goods to customers in Latin America and Asia Pacific regions.
Sourcing Strategies
Are you aware of all the countries in which your company can source parts and inputs duty-free?
There are more than 135 countries that benefit from reduced duties or duty-free access for import into the US market. For instance, instead of sourcing products from markets like Argentina, Europe, or China which are assessed the higher non-preferential tariff rate, your company may benefit from potential duty savings for your materials and components as a result of importing from free trade agreement partners and preferential program beneficiaries including Canada, Mexico, Australia, Korea, Colombia, Panama, countries in Central America, and most African countries. Let TradeMoves LLC show you ways to cut costs in your sourcing operations.
There are more than 135 countries that benefit from reduced duties or duty-free access for import into the US market. For instance, instead of sourcing products from markets like Argentina, Europe, or China which are assessed the higher non-preferential tariff rate, your company may benefit from potential duty savings for your materials and components as a result of importing from free trade agreement partners and preferential program beneficiaries including Canada, Mexico, Australia, Korea, Colombia, Panama, countries in Central America, and most African countries. Let TradeMoves LLC show you ways to cut costs in your sourcing operations.
Export Preparation
Are you aware of labeling regulations, product standards, and import requirements necessary to sell your product in new markets?
Trade tools such as an export preparation manual may be just what your company needs to help you manage your growth into important new markets. Let TradeMoves be your "one-stop shop" for understanding international trade regulations. We can design and manage a customized export manual or interactive database of trade information for your sourcing and logistics teams.
Trade tools such as an export preparation manual may be just what your company needs to help you manage your growth into important new markets. Let TradeMoves be your "one-stop shop" for understanding international trade regulations. We can design and manage a customized export manual or interactive database of trade information for your sourcing and logistics teams.
Duty-free Export Opportunities
Are you able to take advantage of lower duties in trade agreements?
With numerous bilateral and regional free trade agreements (FTAs), many US products can enter significant export markets at a reduced duty or duty-free. The key to preferential access is to ensure rules of origin are met which are the criteria needed to determine the national origin of a product and whether the product qualifies for lower, preferential duties. In a world where more and more goods are produced from parts and inputs coming from other countries, conferring origin to a product is not always an easy task. Contact the TradeMoves team to learn more about preferential rules of origin for your products and how your company can fully benefit from FTAs.
With numerous bilateral and regional free trade agreements (FTAs), many US products can enter significant export markets at a reduced duty or duty-free. The key to preferential access is to ensure rules of origin are met which are the criteria needed to determine the national origin of a product and whether the product qualifies for lower, preferential duties. In a world where more and more goods are produced from parts and inputs coming from other countries, conferring origin to a product is not always an easy task. Contact the TradeMoves team to learn more about preferential rules of origin for your products and how your company can fully benefit from FTAs.
Cost-saving Options
Are you using the correct and most advantageous classification for your product?
You may be able to cut costs just by re-visiting tariff classifications for your products as they move internationally. Many manufacturers depend on their customs broker to classify the product. TradeMoves reviews classifications to ensure accuracy and to explore whether alternative classifications may exist based on level of processing or functionality of your product. Contact TradeMoves to see how we can assist with customs compliance and potentially reduce your tariff burden.
You may be able to cut costs just by re-visiting tariff classifications for your products as they move internationally. Many manufacturers depend on their customs broker to classify the product. TradeMoves reviews classifications to ensure accuracy and to explore whether alternative classifications may exist based on level of processing or functionality of your product. Contact TradeMoves to see how we can assist with customs compliance and potentially reduce your tariff burden.
Customs Compliance and Trade Facilitation
Are the tariff codes for your products accurate? Are your products valued correctly for customs purposes?
If not, your company may face delays at the border, and/or penalties for not complying with customs regulations. TradeMoves can review your tariff classifications to ensure accuracy and compliance, and work with you to ensure your declared customs value incorporates all applicable costs, fees, assists, and adjustments required under customs laws.
If not, your company may face delays at the border, and/or penalties for not complying with customs regulations. TradeMoves can review your tariff classifications to ensure accuracy and compliance, and work with you to ensure your declared customs value incorporates all applicable costs, fees, assists, and adjustments required under customs laws.
