International Trade

Miami, Florida. Trade Américas Expo. June 20-21.

June 14, 2013 EVENTS

Latin America has become one of the most dynamic growth regions in the world and a hotbed of commercial opportunity. With a US $4.8 trillion economy, 600 million citizens and a growing middle-class, the countries of Central and South America and the Caribbean represent markets of growing importance for businesses and institutions looking to increase […]

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U.S. Federal Judge Denies Dismissal of U.S. Auto Dealer’s Lawsuit Against Indian Truck Manufacturer Mahindra

March 11, 2013 Commentary

Mahindra duped hundreds of U.S. auto dealers and walked away with more than $60 million in cash and trade secrets. A federal lawsuit was filed in June 2012 against Mahindra & Mahindra, Ltd, and Mahindra USA, Inc., by dealerships in New Hampshire, Florida, California, New Jersey, and Washington. The commercial suit accused the Indian truck […]

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Global Vehicles vs. Mahindra & Mahindra | A case of fraud, misrepresentation and conspiracy

June 12, 2012 Financial Fraud

A bag of false promises. When someone makes a promise then doesn’t deliver on that promise, the normal reaction for the duped is disappointment. But, when a major international truck manufacturer signs a contract with a franchisee dealer that requires significant advance costs, then manipulates the details in such a way that they take the […]

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Brazil’s Importance to South Florida’s Economy and the Chinese Avalanche

June 8, 2011 Brazil

By Michael Diaz, Jr. – Managing Partner Andre Linhares – Attorney First publication on The Brazilian-American Chamber of Commerce of Florida The U.S. is taking its relationship with Brazil for granted, and that may hurt South Florida’s economy. Consider the facts. In 2009, China became Brazil’s primary trading partner, surpassing the U.S. for the first […]

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China Facing U.S. Trade Sanctions for Keeping Yuan Undervalued

January 12, 2011 China

Guest post by Xingjian Zhao, an attorney at Diaz Reus & Targ focusing on complex commercial litigation and cross-border transactions. [Published on China Forum.] China’s cheap currency China may soon be forced to pay the high price of its cheap currency. When the Ways and Means Committee of the U.S. House of Representatives approved the […]

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Cuba Attempts at Privitization

November 8, 2010 Caribbean

The Cuban Communist Party is expected to unveil a broader agenda for economic growth later this year or in early 2011, which could hint at preparations for a political transition to life beyond the aged Castro brothers.  Announcing public sector layoffs of over 10% of the nation’s 5.5 million workers and a plan to relax […]

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Diaz Reus Blunts Criminal Sentence for Taiwanese Businessman’s OFAC Violation

August 31, 2010 China

Diaz, Reus & Targ, LLP Successfully Blunts Criminal Sentence For Taiwanese Businessman’s OFAC Violation (U.S. District Court Southern District of Florida – Case Number 10-20246-CR-Jordan) On Friday, August 27, Taiwanese businessman Yi-Lan “Kevin” Chen was sentenced to 3 1/2 years in federal prison by U.S. District Court Judge Adalberto Jordan, successfully avoiding a severe sentence […]

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China Opens Miami Free Zone “Manufacturers Mall” to Help Latin American Buyers

August 12, 2010 China

Burgeoning China-Latin American trade got a boost August 10 with the opening of the China Sourcing Center, a 76,000-square-foot, duty-free “manufacturers mall” at the Miami Free Zone in Doral. As reported in The Miami Herald, the center enables Latin American commercial buyers to view a range of Chinese products—from building materials to electronics to consumer […]

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Asian and Middle Eastern Business Ethics Hit Latin America

July 20, 2010 China

Beware when doing business in Latin America. Thanks to growing Chinese and Middle Eastern investment there, fraud and bribery are growing as well. Business practices considered unethical, fraudulent and illegal in the United States, such as bribery and financial “favors,” are largely tolerated and thriving in the developing regions of the Western Hemisphere, with little […]

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The World Expo in Shanghai China Expected to Draw 70 Million People Worldwide

June 18, 2010 China

Largest event ever in the 150 history of global expositions. The World Expo in Shanghai China is expected to attract over 70 million people worldwide who will visit exhibitors from more than 200 countries. The six-month world exhibition, which is themed “Better City, Better Life,” runs May 1-Oct. 31, 2010, and will be located on […]

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