expresstradecapital

expresstradecapital

Reminder – ETC UPCOMING HOLIDAYS

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…

IF YOU IMPORT FROM THE E.U.

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.…

Recycled Retail

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…

Blockchain on Trade Finance

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…

If you Import from China

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…

IF YOU IMPORT FROM MEXICO

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…