Why Trade Is Evolving, Not Going Away

Why Trade Is Evolving, Not Going Away

By Francisco Aristeguieta Anyone focused exclusively on the bold headlines and market moves of 2018 can be forgiven for concluding that trade is doing more than just rattling markets. To some, these moves signal the demise of an economic framework based on trade and globalization, which has underpinned economic growth and progress for decades. Overseeing…

China Rolls Out Measures to Ease Import and Export Restrictions

China Rolls Out Measures to Ease Import and Export Restrictions

By Weida Li China rolled out measures to further its opening-up policy and boost trade at a Li Keqiang-chaired executive meeting of the State Council in Beijing on Tuesday. In order to maintain steady growth in both the import and export sectors, China will advance trade facilitation by shortening its customs clearance times, reducing the…

How Trump Split Mexico and Canada in NAFTA Talks

How Trump Split Mexico and Canada in NAFTA Talks

MEXICO CITY (Reuters) – A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from U.S. President Donald Trump. But Trump had something more important on his mind: Would Mexico’s new president consider a bilateral trade deal? Lopez Obrador responded he would be “open to the possibility” in the…

U.S. Import Prices Post Largest Drop in More Than One and A Half Years

U.S. Import Prices Post Largest Drop in More Than One and A Half Years

WASHINGTON (Reuters) – U.S. import prices recorded their biggest drop in more than 1-1/2 years in August amid declines in the cost of fuels and a range of other goods, suggesting a strong dollar was curbing imported inflation pressures. The Labor Department said on Friday import prices fell 0.6 percent last month. That was the…

Why We Should Train Workers Like We Train Machine Learning Algorithms

Why We Should Train Workers Like We Train Machine Learning Algorithms

By Makada Henry-Nickie The evolution of workforce opportunity in the United States depends on the future of education and our commitment to far-reaching, equitable federal reform. Unfortunately, policy conversations at the federal and state levels about transforming education systems to meet future workforce demands have focused disproportionately on a skills agenda, largely ignoring behavioral competencies that…

Automated Compliance: Allied’s Stock-in-Trade

Automated Compliance: Allied’s Stock-in-Trade

Written by By Jennifer Baljko | INBOUND LOGISTICS  Automating global trade compliance helps electronics component distributor Allied Electronics & Automation nail its screen test. Companies in the import/export business dread the day when a customs official knocks on the door and questions their shipping policies. That day came for distributor Allied Electronics & Automation a few years…

CBP to Audit Safeguard AD/CVD Goods

CBP to Audit Safeguard AD/CVD Goods

By Brian Bradley| Adam Smith Project Imports subject to both a safeguard tariff and an antidumping or countervailing duty order will be a focus for regulatory auditors.  U.S. Customs and Border Protection soon will deploy informed compliance measures to guide the trade community in complying with recently imposed safeguard tariffs.    Thomas Jesukiewicz, field director of…

U.S., Mexico reach NAFTA deal, turn up pressure on Canada

U.S., Mexico reach NAFTA deal, turn up pressure on Canada

  WASHINGTON (Reuters) – The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact.  Auto stocks soared and the S&P 500 and the Nasdaq rallied…

USTR Finalizes Second Tranche of Tariffs on Chinese Products in Response to China’s Unfair Trade Practices

USTR Finalizes Second Tranche of Tariffs on Chinese Products in Response to China’s Unfair Trade Practices

Washington, DC (USTR.GOV) – The Office of the United States Trade Representative (USTR) released a list of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technology and…

EAR vs. ITAR Compliance: Can You Name 5 Differences?

EAR vs. ITAR Compliance: Can You Name 5 Differences?

Compliance to the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR) are rooted in the same concept behind many government regulations: Sometimes you need to ask the government for permission before doing something.  Especially if that “something” can potentially endanger others…even if your particular activity means no harm.  The tricky part…