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Canada - Law Firms American Trade Relations With Canada: Does It Matter? Is It Free? Should Americans Buy Canadian Lumber To Build Our New Homes?
If you were to poll the general public (or even the general practice bar) as to the most important and controversial international trade-related issues facing the United States today, most people would answer China ($196 billion in imports in 2004), the ever increasing over-all trade deficit ($...
Read MoreCustoms Update: The 2005 Apparel Wars And Other Topical Issues
I. Quota Elimination - Year End Planning As has been widely reported, remaining apparel quotas for World Trade Organization (WTO) countries will expire at the end of 2004. Less widely reported are some of the negative possibilities that may result. General. The United States will not apply...
Read MoreCustoms Valuation Rules Provide Opportunities For Importers Who Plan Transactions
Customs duties are "above the line" expenses which can be planned for and managed like any other expenses. Once duties are paid they are difficult to recover. Unlike income taxes which provide loss carry forward provisions, and a three-year opportunity to amend returns, the opportunity to obtain...
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