Asset Based Lending Blog/News

Temporary Suspension of 232 Tariffs on Ukraine Steel

May 25, 2022 | Trade, Government

The United States Department of Commerce has announced that the United States of America will be temporarily suspending 232 tariffs on Ukrainian steel for one year.  The full announcement reads as follows: Ukraine’s steel industry is uniquely important to the country’s economic strength, employing 1 in 13 Ukrainians with good-paying jobs. Some of Ukraine’s largest […]

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REMINDER – ETC MEMORIAL DAY HOLIDAY HOURS

May 23, 2022 | Uncategorized

Kindly note that our office will close at 3 p.m. EST on Friday, May 27th  and will be CLOSED on Monday, May 30th  in observance of Memorial Day Holiday. Please contact your account officer to plan accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience. Happy Memorial Day to all!

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USTR Undertakes a Four-Year Review Process of Section 301 Tariffs on China’s Commodities.

May 18, 2022 | Trade, Government, Uncategorized

The U.S. Trade Representative is commencing the statutory four-year review of the two actions taken under Section 301 of the Trade Act of 1974, as amended, in the investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. The two actions were effective, respectively, on July 6, 2018 and August […]

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EXPRESS TRADE CAPITAL COMPLETES $3.2MM TRADE FINANCE FACILITY.

May 10, 2022 | Announcement

When a well-established and long-term client needed to execute a Trade Finance transaction within 48 hours in order to take advantage of an extremely profitable purchase opportunity, they knew the financier to turn to Express Trade Capital . Our deep understanding of Letters of Credit along with the Logistical parameters that were required to be […]

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The latest in TRADE: U.S. Customs and Border Protection – National Commodity Specialist Division May Webinars Schedule along with FDA’s Improvement Plan in the New Era of Smarter Food Safety.

May 5, 2022 | Trade, Food & Beverage, Government

National Commodity Specialist Division (NCSD) May 2022 Webinars have been announced by U.S. Customs and Boarder Protection in CSMS #51637091. You may register by accessing each individual link listed below (as the webinar date nears, you will receive additional correspondence from CBP). The Cargo System Messaging Service looks as follows: The Office of Trade’s National […]

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REMINDER – ETC THANKSGIVING HOLIDAY HOURS

November 22, 2021 | Announcement

Kindly note that our office will close at 3 p.m. EST on Wednesday, November 24th and be CLOSED on Thursday, November 25th and Friday, November 26th, 2021, in observance of the Thanksgiving Holiday. Please contact your account officer to plan accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience. Happy Thanksgiving to all!

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