Krypt Blogs | Trade Agreements

Information and Insights on Global Trade and Supply Chain Solutions


Trade Preference Processing with SAP GTS

International trade requires complying with various rules, most of which SAP Global Trade Service can assist with. When importing goods into another country, buyers typically pay duties. Duties are in place to raise money and protect domestic manufacturers from foreign competition. However, two countries may agree to terms wherein they will accept each other’s goods duty … Continue reading “Trade Preference Processing with SAP GTS”

By: Team Krypt - February 10th, 2017

Trump and Trade Deals

Yesterday, Monday January 23, 2017, President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership. The TPP – which also included Canada, Mexico, Japan, Australia, New Zealand, Chile, Peru, Malaysia, Singapore, Vietnam and Brunei – would have slashed tariffs for American imports and exports with those countries. With the TPP no longer on … Continue reading “Trump and Trade Deals”

By: Team Krypt - January 24th, 2017