Unlocking the Benefits of FTAs! Are you fully leveraging the advantages of the United States-Mexico-Canada Agreement (USMCA)? Join us for an informative webinar where Michael D. Easton will break down the key benefits of USMCA and how your company can…
Trade News
Treasury: $20 Million Settlement for Violating Iran Sanctions
OFAC settled with SCG Plastics (Thailand). SCG Plastics agreed to pay $20,000,000 to settle their civil liability for 467 violations of OFAC sanctions on Iran. Read More
CBSA: Launching New CARM schedule!
CARM will launch internally at the CBSA on May 13, as planned, to advance the Agency’s compliance and enforcement efforts. However, as a result of strike vote activity now underway by the Public Service Alliance of Canada and the possible…
OFAC: U.S. Implements Ban on Russian Nickel, Aluminum, and Copper Imports
New determination based on Executive Order 14068. Nickel, aluminum, and copper of Russian Federation origin is now prohibited from entering or being imported into the US, including admission into an FTZ. Read More
CSMS: Impersonation Scams Surge as Fraudsters Pose as U.S. Customs and Border Protection Officials
Impersonation scams are on the rise. Scammers are posing as U.S. Customs and Border Protection (CBP) employees and demanding payment or sensitive information. If you receive one of these calls, hang up and report the call to the Federal Trade…
Justice: Latvian Arrested for Illegal Sale of US Avionics Equipment to Russia
A Latvian citizen worked with Kansas residents to facilitate the sale of US avionics equipment to customers in Russia. He was arrested in March in Latvia and is pending extradition proceedings. Read More
Justice: Latvian Citizen Arrested for Allegedly Facilitating Sale of US Avionics Equipment to Russia
A Latvian citizen worked with Kansas residents to facilitate the sale of US avionics equipment to customers in Russia. He was arrested in March in Latvia and is pending extradition proceedings. Read More
Justice: Swiss Trading Giant Trafigura Beheer Admits Guilt in Foreign Bribery Scheme
Trafigura Beheer, a trading company operating in Switzerland, plead guilty to a foreign bribery scheme. They’ll pay >$126 million to resolve FCPA violations. They paid bribes to the Brazilian government to secure business with the BR state-owned oil company. Read…
Justice: US Citizen in Taiwan Sentenced to Two Years in Federal Prison
Justice announced the sentence of a US citizen living in Taiwan to two years in federal prison for a conspiracy related to the export of defense materials to Iran. He also has to pay a $10,000 fine. This person shipped…
Justice: Chinese Nationals Indicted for 14-Year Hacking and Wire Fraud Scheme Targeting Businesses and Political Officials
Yesterday an indictment was unsealed that charged seven PRC nationals with conspiracy of hacking and wire fraud. They spent ~14 years targeting businesses and political officials for economic and espionage and foreign intelligence objectives on behalf of China. There’s a…
EPA: EPA Settles with Resonac America Over Illegal Import of Hydrofluorocarbons
The Environmental Protection Agency settled with Resonac America to address their illegal import of hydrofluorocarbons (HFCs) at the port of LA in 2023 and 2024. They made four imports. They’ll destroy 1,693 pounds of HFCs and pay a $416,003 penalty.…
BIS: Commerce Department Tightens Export Controls to Nicaragua
The Commerce Department published revisions to the EAR 3/14/2024 to increase restrictions on exports to Nicaragua. This is coming after the State Department added Nicaragua to the list of proscribed countries under ITAR. Read More
Justice: Montana Rancher Accused of Wildlife Importing and Certificate Forgery
A Montana rancher has been working for 10+ years to create giant sheep for hunting. Hunting ranches, where animals are raised and then hunted, are illegal in MT since 2000, but Schubarth’s was grandfathered in, and other states still allow…