Ngosong Fonkem

Ngosong Fonkem provides companies of all sizes with business-practical representation on all aspects of International Trade Law. His enthusiasm for embracing difficult challenges that others are afraid to take on and his willingness to go where others won’t go has provided him with the opportunity to help his clients navigate unfamiliar business sectors in unfamiliar legal territories.

US ChinaTrade Policies

Dueling US-China Sanctions: A Guide for Businesses

Balancing Between U.S. and China Regulations Companies that do business in or with both China and the United States must navigate the geopolitical tensions between these two countries  The escalating legal and regulatory conflicts between these superpowers have created a challenging “compliance dilemma.” In this post I explore the intricacies of this dilemma and what

How to figure out your U.S. Tariff rates

Decoding U.S. Tariff Classifications: A Comprehensive Guide

Decoding U.S. Tariff Classifications – A Comprehensive Guide For businesses involved in international trade, effectively navigating U.S. custom regulations can lead to significant cost savings, compliance benefits, and a smoother trade process. A key component of this process is understanding tariff classifications. What is a Tariff Classification? Tariff classification assigns a unique code to every

OFAC Sanctions

China Trade and OFAC Sanctions

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) enforces U.S. economic and trade sanctions. OFAC sanctions generally block all U.S. individuals and entities – including in some cases U.S. companies’ foreign subsidiaries – from transacting business with comprehensively sanctioned countries, such as Cuba, Iran, North Korea, Russia, and Syria, or sanctioned