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Overview

Throughout MIC, specialists of all areas take care of your company’s needs and concerns: 

From the preparation of a customized customs and trade compliance software package to the implementation and integration of MIC’s GTM Suite with existing company processes and systems. From professional support during the starting phase to application support, customized software adaptations, technological maintenance in conformance with the law, as well as 24/7 service around the world.

But we offer more!

Currently there is no data source from which up-to-date trade content such as export control commodity lists, exchange rates, code lists (e.g. customs offices), customs tariffs and much more information can be centrally obtained in appropriate quality on a global scale. It is common that you may have to consult many different data sources individually and manually in order to collect the necessary information for the individual transaction. This costs time and money. 

In order to overcome such difficulties, we offer a Global Trade Content Service (GTCS), suitable to companies in any industry.

Professional Services

Discover our professional services! Our specialists take care of the concerns of your company. For software development, project management as well as support and maintenance our qualified employees are at your disposal.

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Global Trade Content Service

You want a central service that provides you with up-to-date trade content? This is exactly what our Global Trade Content Service (GTCS) delivers, one single interface for automated updates and a controlled population of up-to-date trade content. 

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US and UK fail to agree 'mini trade deal' before new administration

Imports and Exports | | MIC Customs Solutions |

Tariffs on the import of certain UK goods to the US will remain in place after Westminster failed to secure a last-minute deal with the outgoing Trump administration.

 


The US and UK have been unable to come to an agreement on a 'mini trade deal' that would have reduced tariffs on some products before the end of Donald Trump's presidency today (January 20th).

Both sides were hopeful that a deal could be done that would have removed duties on items such as Scotch whisky imports to the US, the BBC reports. 

However, the news provider noted that an offer from the US was rejected last week by Westminster after the Business Department raised concerns about the impact it would have on Airbus' UK operations.

A government source told the BBC: "Ultimately we came close to resolving an intractable 16-year dispute, but didn't quite get there. Any deal must be balanced and work for the whole UK and all of UK industry."

Therefore, duties will remain in place into the new administration as Joe Biden takes office.

Last month, the UK announced it was unilaterally removing tariffs on imports of Boeing aircraft, which it could only do after formally breaking from the EU at the end of the Brexit transition period.

It was hoped this would act as a catalyst for positive talks with the US. However, the UK aviation sector expressed disappointment at the move, after the government had previously promised to back Airbus in the long-running dispute.

The government source said, however, that this "de-escalation strategy" had prevented the UK being hit with further new tariffs - unlike the EU - and is still hopeful of a quick resolution with the Biden administration.

UK trade secretary Liz Truss has also promised to meet new US trade representative Katherine Tai in Washington as soon as she assumes office.
 


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