6165 Barfield Road
Atlanta GA, 30328
United States
Tel: +1 (770)688-1206
Fax: +1 (770)688-1229
The Senate recently passed a bill aiming at those who steal trade secrets from other businesses. The measure will also allow people and businesses whose trade secrets are stolen to sue for damages in federal court, just as those who have other kinds of intellectual property misappropriated, such as patents and trademarks. The legislation will also permit a court to order the seizure of property if it will protect trade secrets. Trade secret theft costs more than $300 billion a year for the U.S. economy.
"Supporters of the legislation say that in the digital world, trade secrets are far more vulnerable than when business plans or a secret formula were locked in the office safe. Businesses use electronic means to share secrets with far-flung business partners, but that can put enormous amounts of information at risk if it's downloaded from a computer or the cloud," stated an article by the U.S. News.
Multiple media outlets are reporting that the President will increase tariffs on steel and aluminum from Canada from 25% to 50% in response to the electricity price increases announced by the Ontario government for electricity sold to the United States. The President noted on a Truth Social post that the increase is effective starting tomorrow, March 12, 2025.
Read our full advisory by clicking below.
Customs and Border Protection has issued two CSMS messages, 64348288 and 64348411 providing guidance on handling of steel and aluminum derivatives including derivatives outside of chapters 73 and 76. The additional 25% duty will be applicable starting on March 12, 2025, for ALL steel and aluminum derivatives.
To read our full advisory, click on the link below.
Check out the link below to see our drawback webinar from March 4.
Our Sites use cookies for analytics purposes. For more information about the cookies we use on our Sites or how you can disable them, please see our Cookie Policy.
.png)