U.S. Businesses: Be Careful Whom You Trade With
If you operate your global trade business in the United States, you are prohibited from importing or exporting goods from certain countries or trading with certain business entities or individuals. These rules are maintained by the U.S. Customs and Border Protection agency.
As of March 2009, it is unlawful to conduct import or export trade with the following countries:
• Burma
• Cuba
• Iran
• Iraq (certain restrictions apply to trade with this country)
• North Korea
• Parts of Sudan
Along with these countries, the U.S. Department of the Treasury Office of Foreign Assets Control keeps a comprehensive list of persons or entities from many countries with which import/export trade is prohibited. While not all-inclusive, the Specially Designated Nationals (SDN) list is an extensive .pdf file with over 400 pages as of October 2009. Because the list includes known aliases among the alphabetical listings, use the .pdf search tool for a comprehensive search.
Restrictions and tariff treatments for all countries can be found on the U.S. Customs and Border Protection (CBP) website.
