As supply chain disruptions wreak havoc on energy and food prices, resulting in scaling price increases that haven’t been seen since 1981, inflation is unlikely to fall to pre-pandemic levels for some time.
To date, the stampede for non-fungible tokens has largely centered on the “ownership” of images, works of art and similar kinds of digital files. So what does this latest manifestation of the virtual universe have to do with the everyday reality of supply chain management?
USTR has announced it will reinstate through the end of this year more than 350 previously expired China duty exclusions under Section 301 of the Trade Act of 1974. It’s important to act now to identify qualifying exclusions and estimate potential duty refund amounts.