Tax & Accounting Blog

NAFTA Renegotiation

NAFTA Renegotiation

Blog, Global Trade, ONESOURCE February 24, 2017

One of the key points during the 2016 U.S. Presidential campaign was free trade and in particular NAFTA.  The two major candidates both seemed to be in agreement on one major point and that was that NAFTA needed to be revised.  The election is over and the new president is in his first 100 days … Read More

Intermediate Materials – Can They Help Me Qualify for FTAs?

Intermediate Materials – Can They Help Me Qualify for FTAs?

Blog, Global Trade, ONESOURCE February 10, 2017

In complicated manufacturing environments many producers create sub-assemblies or intermediate products before combining them in final products for export.  This is often reflected in complicated multi-level bill of materials (BOM) during manufacturing.  If these intermediate materials are qualified and considered originating in the production country, the possibility of meeting originating content requirements to meet rules … Read More

MERCOSUR EFTA FTA

MERCOSUR EFTA FTA

Mercosur country members[1] and the European Free Trade Association (EFTA) bloc formed by four European countries – Switzerland, Norway, Iceland and Liechtenstein, have successfully completed the exploratory dialogue and preliminary negotiations for a free trade agreement. From the Brazilian government’s point of view, this new FTA clearly promotes a significant update of its … Read More

What Does the United States’ Withdrawal from the TPP Really Mean?

What Does the United States’ Withdrawal from the TPP Really Mean?

Headlines around the world announced U.S. President Donald Trump’s formal withdrawal of the United States from the Trans-Pacific Partnership (TPP) agreement on Monday.  In a reversal of the former Obama administration’s position on the multi-lateral trade deal, President Trump signed an executive order, effectively killing the TPP for the 12 countries involved in the negotiations.  … Read More