Asset Based Lending Blog/News

Turkey Trade Designation Update

May 21, 2019 | Announcement, Government, Shipping

Sadie Keljikian, Express Trade Capital The President issued Proclamation 9887 on May 16th, entitled To Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974. The proclamation indicates the termination of Turkey’s status as a beneficiary developing country, effective May 17th, 2019. The decision comes as a result of Turkey surpassing minimum […]

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Trade War with China Rages On

May 16, 2019 | Announcement, Government, Shipping, Wholesale

Sadie Keljikian, Express Trade Capital Per last week’s announcement, the White House has raised existing tariffs on $200B worth of Chinese imports from 10% to 25% and is now threatening new tariffs of up to 25% on an additional $300B worth of Chinese imports as part of its ongoing trade war with China. The latest list targets a wide variety of goods, including apparel, accessories, food and beverage products, and livestock.    President Trump seems optimistic about reaching an agreement with Chinese President Xi […]

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Tariffs on Chinese Imports May Rise Again

May 7, 2019 | Announcement, Government, Wholesale

Sadie Keljikian, Express Trade Capital Due to delays in establishing a trade deal between the US and China, the President unofficially announced plans to raise the trade remedy tariff from 10% to 25% effective Friday. This will seemingly apply to all List III goods. The President also suggested a possible extension of the trade remedy […]

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Ecommerce and Store Closures on the Rise

April 16, 2019 | Apparel Industry, Retail, Technology

Sadie Keljikian, Express Trade Capital Although fears of a “retailpocalypse” have mostly died down, the retail landscape is certainly shifting in favor of ecommerce, with more than 5,000 brick and mortar closures already announced in 2019. Many of the closures come from high-profile retailers like Gap, J.C. Penney, Abercrombie & Fitch, Tesla and Victoria’s Secret. […]

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Green Your Business

April 15, 2019 | Small Business, Tips

Sadie Keljikian, Express Trade Capital The devastating effects of climate change have rapidly increased in the last few years. As a result, businesses of all sizes and across industries are taking it upon themselves to be more eco-friendly. Though most business owners recognize the urgency to reduce their wasteful or pollutive practices, many are concerned […]

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Tech Shakes Up Retail

April 2, 2019 | Apparel Industry, Retail

Sadie Keljikian, Express Trade Capital As technology becomes increasingly present in our daily lives, it changes the way we do nearly everything, most notably how we buy and sell products. Keeping up with the intricacies of digital sales can be overwhelming, particularly given the ever-evolving nature of technological functionality. Here are a few of the […]

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