| TRADE
US – TEXAS
Trade wars
“Only months into President
Trump’s second administration and the new tariff regime has already changed the international trade world dramatically.”
and sanctions
Adrienne Braumiller Partner, Braumiller Law Group
local distribution centers are effective tactics for enhancing profitability. In the modern trade context, technological advancements play a crucial role in transforming the partnership between customs and the private sector. Embracing these innovations may help uncover vulnerabilities from tariff changes and lead to significant monetary and operational gains. To ensure compliance and maximise the benefits of complex trade regulations, some strategies may require additional support from professional
services. These more complex strategies include verifying tariff classification, implementing tariff engineering, implementing valuation changes such as a “first sale” program and utilising special customs programs. Tariff classification is critically important in international trade, as the tariff code determines the applicable duties and regulatory requirements. Misclassification may result in overpayments, penalties, legal headaches, or all the above. First, companies should confirm the tariff classification of their products.
Adrienne Braumiller, Braumiller Law Group
Q1 How are you advising businesses in your
Networking opportunities at an IR Global conference
jurisdiction when protecting themselves from the impact of trade wars and sanctions, and what strategies can professional services firms offer to mitigate these risks? Only months into President Trump’s second administration and the new tariff regime has already changed the international trade world dramatically. These tariffs have and will continue to significantly impact businesses’ profitability and operational efficiency. Fortunately, businesses can implement proactive strategies and seek guidance from experts to minimise the impact. Optimising logistics and distribution is essential to streamline operations and ensure compliance in this constantly evolving landscape. Businesses may benefit from shortening lead times and automating workflows, routing shipments through optimised ports, and prioritising documentation. Moreover, consolidating shipments to reduce transportation costs and leveraging
Adrienne Braumiller, founder of Braumiller Law Group PLLC, is a pioneering force in international trade law with over 30 years of experience. As a leading authority in customs, import, export, foreign-trade zones, and ITAR compliance, she has mastered every aspect of trade compliance and regulatory matters. Her expertise spans diverse industries from agricultural products to electronics. She earned her L.L.M. in International Business Transactions from McGeorge School of Law and J.D. from St. Mary’s University, with additional studies at the University of Salzburg and Oxford University. Adrienne has received numerous prestigious recognitions, including Chambers and Partners rankings and the Sarah T. Hughes Women Lawyers of Achievement Award. She has served on key federal advisory committees and is a frequent speaker at major industry events. Her firm is consistently recognised as a leader in international trade law, serving clients worldwide.
+1 214 348 9306 adrienne@braumillerlaw.com irglobal.com/advisor/adrienne-braumiller
irglobal | 9
8 | irglobal
Made with FlippingBook - professional solution for displaying marketing and sales documents online