U.S. and India Exclusive Trade Partnership: A New Endeavor

The U.S. Ambassador to India - Harsh Shringla - released just yesterday (January 8, 2020) that the United States and India are in talks about an exclusive trade agreement. The agreement would grant business owners of both nations preferential market access. Shringla, the now-former ambassador is set to take on his role as India's next foreign secretary later on this month.

His comments state that there has been success in bridging the gap during the latest trade talks for new trade packages. The current conversations are setting a stage for a much bigger bilateral trade agreement.

Coronavirus: What You Need To Know

It causes flu symptoms - and passengers on planes could expect to be temperature tested upon entry and being quarantined if the traveler displays symptoms. The CDC urges people having recently traveled to Wuhan in the past two weeks to seek medical care immediately in the event of fever, coughing, or difficulty breathing though the symptoms should present most prominently and most quickly in older adults or in anyone with underlying health conditions as they may be at greater risk and only if they’ve come into contact with someone who recently returned from China (in the last two weeks)

Trump Impeachment: TRIAL (Fun Facts)

The impeachment process for Donald J. Trump began on September 24th of 2019. Today - January 23rd - we’re just getting into the Trial portion of impeachment. Among the discoveries in American households when impeachment began was that it doesn’t *actually* mean an automatic unseating of the president. In-fact, in the other rare circumstances of Presidential impeachment, the President has been acquitted.

U.S.-China Deal: Predictions Coming True

January 15th, the United States and China signed a Phase 1 Deal, but a lot of people are concerned about what it will mean for international traders in both countries. According to the National Law Review, the existing Tariffs for goods on List 4A would be reduced from 15% to a mere 7.5% by Valentine’s Day.

China, too, has imposed some tariffs - but there is no information thus far on exactly when this will happen - though it is said to be a necessity.

China's Impact on the Global Economy

Since the outbreak of the Coronavirus, the world has stayed attached to their mobile devices and computers, waiting for updates in real-time on the growing epidemic that many fear could become a global pandemic that makes the SARS outbreak of 2003 appear tame. The world was frankly - not prepared for a global pandemic, and speculation is flying on what it could mean…

Africa's New Trade Deal

What the AfCFTA has the ability to do is putting systems in place to reduce the trade issues in intra-African trade. These larger integrated markets could make outside investment more prevalent and it could lead to new tech and new learning.

As with all international trade - tariffs play a large role, and though trade within African borders is low, revenue from tariff collection is essential to governments, and to protect domestic industry through limitation of import competition…

International Business, Market, AfricaTEIL Firms, LLCFebruary 27, 2020Africa, African Trade, Trade, AfCFTA, TariffComment

Happy Black History Month! Black Business Past, Present, & Future

TEIL will celebrate through highlights of significant events or change-makers in Black American History.

Trademark Changes Are Coming: Here's How You Can Weigh-In

Branding, International Business, BusinessTEIL Firms, LLCAugust 30, 2019USPTO, Trademark, Intellectual Property, New Business, Business News, Branding, Brand, Business, United StatesComment

Looking For The Perfect Market For Your Business? Read This First.

We have discussed the social and cultural Factors before, but make sure you know what the literacy rate is and the average educational level in the country? If you are selling to or your product is designed for the middle class, make sure there actually is a middle class that would support your product?

Outsourcing: Is It A Good Idea For Your Business?

So outsourcing is not just international, not just for the largest corporations and not just for saving money why then do some companies skip outsourcing?

A lot of companies don't outsource simply because they don't even realize the option is there. Without a creative mind on your team - it can sometimes be difficult to discover any way that outsourcing could be helpful. Ever heard of Influencer Marketing?

Trade Agreements: Why Are They Important?

When imports enter a country they normally have a tariff or a tax. So for example: when you are purchasing an item from France it’s more expensive because of a duty that the importer had to pay for it to come in. When a Trade Agreement is negotiated there is an elimination of that tax then the import comes in freely and the item may be less expensive than one you could purchase in the United States. If too many of those items are coming in then there may be concerns that there needs to be protection of that industry.

International Negotiations: Cultural Nuance

When I think of how to begin the negotiation of a contract in a different culture, I first want to make sure that I know something about the culture. Generally, how 85% of the people act, think, and behave. "What is important to them? " I ask myself. Inevitably, I read about the culture, the history, talk to people who have done business in the culture and most definitely go to visit the place when possible.

International Branding 101

NAFTA: Could It Be Lost?

In order to decrease fears of US litigation, or any long drawn out litigation, for that matter, NAFTA has "dispute resolution panels." These panels look at whether or not the NAFTA countries participant is being treated fairly. Under President Trump, the US has claimed that "US court's sovereignty is eroded." He would do away with the panel altogether. Canada and Mexico want to keep them of course.

Getting Goods To Market

Business, Market, International Business, TransactionTEIL Firms, LLCJanuary 12, 2018Market, Importing, Exporting, Update, International, News, International Business, Online Business, Brand, Regulations, Laws, Transaction, TradeComment

Travel & Commerce In Cuba: What To Know Before You Go

Great Women In Business: Cuba

Avoid Unnecessary Business Tax

Business Structure, Business, Transaction, Market, International BusinessTEIL Firms, LLCSeptember 27, 2017Tax, Business Tax, Business, Laws, Transaction, International, Business StructureComment

Cuban Sanctions: What You Need To Know

The Sanctions, under President Obama, the first U.S. President to visit since the embargo, authorized specific licenses for travel conditions and other transactions directly related to attendance or professional meetings in Cuba. This did not change the sanctions, but simply softened them. With a change of policy came diplomatic travel which included increase in tourist industries; with U.S. businesses going in and Cuban entrepreneurs opening up their homes for restaurants and cars for joyrides.

6 Things You Need To Know Before Starting Your Global Trade

International Business, International LawTEIL Firms, LLCJune 27, 2017Global, Trade, Foreign Trade, Business News, Business, International Business, Importing, Exporting, Regulations, Laws, International LawComment

BLOG

Looking for a specific topic? Choose from one below.

About us | Contact us | practice | media | Blog | FAQ | DISCLAIMER | site map