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After meeting with Vice Premier Liu He of the People’s Republic of China, President Trump announced in a news release on October 11, 2019 that the duty increase from 25% to 30% on List 1, 2, and 3 products would…
Important Upcoming Information Due to the upcoming Jewish/Federal holidays, some of our financial institutions will be closed or have limited staff/limited funding on October 9 and October 14. Please contact your account officer accordingly during this time frame. We greatly…
Following a World Trade Organization decision paving the way, the U.S. Trade Representative (“USTR”) has published a list of products form E.U. origin which will be subject to additional duty rates of 10% or 25% ad valorem, effective October 18, 2019.…
Important upcoming information. Due to the upcoming Jewish holidays, some of our financial institutions will be closed or have limited staff / limited funding. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and…
ETC Managing Director Mark Bienstock was featured in California Apparel News in their discussion of how brands are investing in crucial digital tools and traditional methods to reach customers. Click here to read the full article!
By; Carli Valinoti, Express Trade Capital One of the newest sustainability trends is making old garments new again. Evrnu, a Seattle-based textile-technology startup, is making old clothes and fabrics into new fibers that can be used for recyclable fashion. Although…
By: Tajinder Marwaha, Express Trade Capital As the trade finance industry faces challenges related to logistics and fraud, blockchain technology may help in creating transparency and assurance of delivery while still providing confidentiality for trade parties. Blockchain can support cross…
By; Carli Valinoti, Express Trade Capital After meeting with President Xi over the weekend, President Trump announced decisions regarding the bilateral trade dispute. The President announced that while current tariffs will remain in place, he will not move forward with additional…
Every Friday through Labor Day, ETC will close at 4pm. Separately – in observance to Independence Day, ETC will be closing Wednesday, 7/3 at 3pm and closed the day of 7 Regarding any funding request’s, please contact your account officer…
By; Carli Valinoti, Express Trade Capital Late Friday night the President announced successful negotiations with Mexico. With a signed agreement addressing illegal immigration, the President has suspended indefinitely the planned tariffs against Mexico. The 5% tariff on goods from Mexico…