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April FX outlook – US tax reform and French election After the failure of the Trump/GOP healthcare bill the next focus is on the Republican tax reform proposals, which may well be outlined more clearly by the end of the month. With the USD having weakened a little over the last month and having failed…
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Conducting international business presents a variety of challenges. The successful export of goods and services throughout the global markets can only be accomplished through expertise and an ability to adapt to changing market demands. District Export Councils, such as the Ohio DEC, are dedicated to providing professional export advice to each region’s local firms. What…
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U.S. law prohibits the Department of Commerce from providing U.S. Government assistance, including export assistance, for exports to Cuba. The Department of Commerce’s Bureau of Industry and Security and the Department of the Treasury’s Office of Foreign Assets Control (OFAC) provide information regarding U.S. sanctions regulations relating to Cuba, including during monthly call-in programs to…
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Effective November 15, 2016 US exporters should use the new Destination Control Statement on their commercial invoices: “These items are controlled by the U.S. Government and authorized for export only to the country of ultimate destination for use by the ultimate consignee or end-user(s) herein identified. They may not be resold, transferred, or otherwise disposed…
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The President’s “E” Award was initiated by Executive Order of President John F. Kennedy in 1961 and has been presented annually ever since. The President’s “E” Award affords suitable recognition to persons, firms, or organizations which contribute significantly in the effort to increase U.S. exports. There are two types of “E” Awards. The President’s “E”…
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Recognition for a job well done might not be the ultimate goal of a company; however, it is certainly appreciated when it is received. Such validation represents an objective confirmation of a company’s striving for excellence. One such recognition is the President’s “E” Award, the highest honor a U.S. entity can receive for significant contributions…
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On December 4, 2015, President Obama signed the highway funding bill which also reauthorizes the Export-Import Bank (EXIM Bank) through FY 2019. This represents a hard-fought victory for President Obama, Secretary Pritzker, the Administration, and the U.S. exporting community over Congressional critics who successfully permitted EXIM Bank’s authority to lapse on July 1st. However, the…
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The decision to add exporting products to its growth model can be a major step in the success of a business. And, like all major decisions, it comes with its share of anticipation and apprehension. This simplified guide is offered as a starting point in the plan’s process. A review of the literature on export…
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Congressman Boehner squeezed by home state exporters over Ex-Im Bank. https://www.bloomberg.com/news/articles/2014-07-23/boehner-squeezed-by-home-state-exporters-over-ex-im-bank
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