#trade-compliance

#trade-compliance

Applied Materials Inc. will pay $252.5 million to settle a US Commerce Department investigation into improper exports to China, ending a yearslong saga for the largest American supplier of chipmaking machinery. The agreement resolves allegations by the Commerce Department's Bureau of Industry and Security that certain shipments to China between November 2020 and July 2022 didn't comply with export regulations, the company said in a statement Wednesday.

the Strengthening Organic Enforcement (SOE) rules, set by the USDA, declared that importers-that's right, the firms that typically handle sales and logistics, not just the winemakers- also need to be certified organic in order for the wines to retain the label. According to a spokesperson from the USDA, the regulations are an effort to "better protect organic businesses and consumers" and "keep fraud out of the market."

Worldwide country support means Quickcode.ai now provides tariff classification and duty rate data for every country, greatly simplifying the complexity of global trade compliance.