What are the rules governing import/export of goods and services?

International trade law in California governs the import and export of goods and services between the state and other countries. Generally, the purpose of these laws is to ensure that the goods and services exchanged between states and countries are traded in a fair and equitable manner. When it comes to importing and exporting goods, the most important law in California is the Tariff Act of 1934, also known as the Jones-Shafroth Act. This federal law imposes taxes and duties on imported goods that are regulated by the U.S. Customs and Border Protection. The purpose of these taxes and duties is to protect domestic industries by levying taxes on foreign imports. When it comes to services, the General Agreement on Tariffs and Trade (GATT) governs international trade of services. This agreement sets the rules for how international trade of services is conducted, including rules such as protecting intellectual property and providing equal access to services. In addition to these two sets of laws, California also follows the principles of the World Trade Organizations (WTO), which sets the rules for global trading practices. These rules cover matters such as the protection of intellectual property rights, anti-dumping practices, and government subsidies. Finally, California has several state and local laws that regulate international trade. These laws protect local businesses and ensure that California-based companies remain competitive in global markets. Overall, international trade law in California is designed to promote fair and equitable trade between the state and other countries. This law ensures that both goods and services are exchanged under fair conditions and that local businesses remain competitive.

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What are the rules governing import/export of goods and services?

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