Cheaper, Easier, & Faster: What the TPP Means for US Small Businesses

April 26, 2016

The Problem: Tariff & Non-Tariff Barriers
Savvy small businesses are increasingly looking to foreign markets for growth opportunities but they face many tariff and non-tariff barriers—basically a tax on U.S. doing business in that country. Sometimes these tariffs can close-out US competition completely. Tariffs on U.S. manufactured goods can go as high as 100 percent and up to 700 percent for American agricultural products. Additionally, non-tariff barriers such as inaccessible or overly complex import licensing paperwork, unequal rules for customs valuations, pre-shipment requirements and rules-of-origin qualifiers, as well as differing product standards dissuade market entry.
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Roller Coaster Currency Markets!

March 10, 2016

For Small Business, export sales generally involve a level of complexity and attention to country and credit risk not present when selling domestically. For example, recent fluctuations in foreign currency markets can have an immediate impact on the credit terms and the supply of financing available to support your foreign transaction.

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