Tax Triumphs & Trade Troubles: What You Need to Know for 2018 Cross-border Trade

They say that two things are certain: death and taxes. But another certainty is that once you've built your business around a particular tax structure, it will change.

Since the new tax plan was officially announced three months ago, companies that operate in or with the United States are still scrambling to understand it, especially along with new trade restrictions, import regulations, and tariffs. Some changes, such as the import restrictions on solar panels and washing machines, have been released in full, but others remain mere speculation, making an importer's job all the more difficult this year.

source https://blog.amberroad.com/blog/tax-triumphs-trade-troubles-what-you-need-to-know-for-2018-cross-border-trade

Warning! Prop 65 Requires Compliance Beyond CA Borders

CA Proposition 65 (Prop 65) is a major concern for brands that will heavily influence California’s consumer product regulations. All manufacturers, distributors, and retailers that sell or distribute consumer products in California will be required to comply with the state’s new warning requirement regulations—meaning your compliance with product testing standards has to extend beyond California borders.

These new regulations, implemented under California’s Safe Drinking Water and Toxic Enforcement Act, are intended to manage liability risks by requiring warnings on products and premises that can potentially expose consumers to any of the 900+ specified chemicals. The new regulations will come into effect on August 30, 2018.

source https://blog.amberroad.com/blog/warning-prop-65-requires-compliance-beyond-ca-borders

Brexit Resources: Are Your Import and Export Compliance Teams Ready?

We are officially one year away (well, 364 days if you want to be exact): On March 29, 2019, the United Kingdom is scheduled to leave the European Union. While Britain is still searching for an independent customs bill that could legislate trade relations outside customs union membership, global trade professionals must prepare for the various scenarios at hand. Although we have known about this impending Brexit since June of 2016, many questions are left unanswered - are your import and export compliance teams ready for the challenges ahead?

source https://blog.amberroad.com/blog/brexit-resources-are-your-import-and-export-compliance-teams-ready

Blockchain For Supply Chain: Will It Enhance Your Global Trade Management?

Blockchain just might be the biggest buzzword of this year, but what is it and how can we use it? While it’s still a developing technology, blockchain has already shown promise for its potential application for supply chain solutions. As we continue to move forward into the digital age and engage in a digital supply chain transformation, blockchain for global trade management seems like the next logical step.

source https://blog.amberroad.com/blog/blockchain-for-supply-chain-will-it-enhance-your-global-trade-management

Trade Sanctions Update: The Hotbed Gets Hotter

In recent years, importers and exporters have needed to stay on their toes regarding changes to trade rules of all kinds, and that is rightly causing trepidation. 

Economic and trade sanctions are the most widespread and powerful means of displaying disdain for one country’s actions on the world stage. Unilateral or bilateral sanctions are strong penalties that restrict trading activity of goods imported from or to a country. They might also be used to assess duties on particular goods in retaliation for another country’s trade sanctions.

source https://blog.amberroad.com/blog/trade-sanctions-update-the-hotbed-gets-hotter

Trade Sanctions Update: The Hotbed Getters Hotter

In recent years, importers and exporters have needed to stay on their toes regarding changes to trade rules of all kinds, and that is rightly causing trepidation. 

Economic and trade sanctions are the most widespread and powerful means of displaying disdain for one country’s actions on the world stage. Unilateral or bilateral sanctions are strong penalties that restrict trading activity of goods imported from or to a country. They might also be used to assess duties on particular goods in retaliation for another country’s trade sanctions.

source https://blog.amberroad.com/blog/trade-sanctions-update-the-hotbed-getters-hotter

Annual ‘Souper Bowl’ Food Drive Feeds Thousands in the Raleigh Community

In 2017 Forbes ranked Raleigh, NC, the site of one of Amber Road's biggest offices, as the #1 City in America to Raise a Family.  In 2016, Forbes ranked the city #2 in America’s Hottest Spots for Tech Jobs. For so many people in our community, Raleigh is a great place to live and work.  Yet in the midst of the 34 counties of Central and Eastern NC, there are 630,000 people that struggle to access nutritious and adequate amounts of food necessary for a healthy life.

For the past 12 years during the lead-up to the Super Bowl, Amber Road employees have participated in their own “Souper Bowl” competition in the form of a food drive. Year-over-year, the big winner is the Food Bank of Central and Eastern North Carolina.

In the last 12 years, Amber Road’s Raleigh office has collected and donated 104,301 pounds to the Food Bank. Just last month, the team collected 33,201 pounds, equating to 27,958 nourishing meals for local families thanks to the herculean efforts by Amber Road’s passionate employees.

“Though Raleigh is a great place to live and work, there are over 630,000 people among the 34 counties of Central and Eastern NC that struggle to access nutritious and adequate amounts of food,” explained Stephanie Miles, Senior Vice President, Commercial Services for Amber Road. “Corporate social responsibility through our annual Souper Bowl Food Drive has been an integral part of our office culture and tradition for the past 12 years. Our intention is to continue the momentum and make the program contagious in our community, so that ‘No One Goes Hungry’,” added Miles.   

source https://blog.amberroad.com/blog/annual-souper-bowl-food-drive-feeds-thousands-in-the-raleigh-community