Insights

Trade Publications

Artificial Intelligence – Trade Compliance Applications

January 23, 2025.
Trade Publications

Artificial Intelligence (AI) has made leaps and bounds in the last few years. If you can remember when Apple released their AI companion, "Siri" in October of 2011, it was a breakthrough in how humanity interacted with technology. As of 2024, artificial intelligence can do more than just search the internet or...

Where is the Trade War? An Update on Trump’s Trade Plan at the Beginning of His Term

January 22, 2025.
Logistics Publications, Trade Publications

On January 20, 2025, the newly inaugurated President Trump signed 118 executive orders (EOs) before the proverbial sun set on his first day in office, but businesses and trade stakeholders in the US, Mexico, and Canada alike watching avidly for an EO pertaining to tariffs against Mexico and Canada need not have stayed...

U.S. Blacklists China’s Largest Shipping Line Amid Rising Geopolitical Tensions

January 16, 2025.
Logistics Publications, Trade Publications

The United States has recently blacklisted China’s largest shipping line, Cosco Shipping Holdings Co., along with two shipbuilders, China State Shipbuilding Corp. and China Shipbuilding Trading Co., due to alleged links with the People’s Liberation Army. This move, announced in a Federal Register filing, designates these...

European Union and Mercosur Strike a Deal with Free Trade Agreement

January 02, 2025.
Trade Publications

After 25 years of negotiating, the European Union and Mercosur countries (Argentina, Bolivia (newly), Brazil, Paraguay, and Uruguay) have established terms for a Free Trade Agreement. Proponents of the deal claim it will save $4.26 billion in duties each year – highlighted products include Italian wine, Argentine steak, and German Volkswagens. ...

Section 321 – Does Not Exceed $800 – Release 2

January 02, 2025.
Logistics Publications, Trade Publications

The exponential growth of e-commerce has resulted in more shipments than ever clearing, duty-free, under the section 321 de minimis exemption. For example, in 2024, more than one billion packages were cleared in this manner. Using section 321 when it is not applicable allows importers to underpay customs duties and skirt reporting requirements...

A Trade War With…Canada? Proposed Tariffs Against the North as well as East

December 31, 2024.
Logistics Publications, Trade Publications

Less than a month after his election win, President-elect Donald Trump disabused anyone holding the notion that his trade sanctions were targeted only at China by announcing he would sign 25% blanket tariffs against all products imported from the USA’s other two top trading partners, Mexico and Canada, adding...

Automation in Logistics: Job Killer or Efficiency Booster?

December 06, 2024.
Logistics Publications, Trade Publications

The logistics industry has always been the backbone of global trade, ensuring that goods move seamlessly from one point to another. However, as the world embraces technological advancements, the adoption of automation in logistics has sparked intense debates. Is it a job killer threatening livelihoods, or is it an efficiency...

Impact of Red Sea Disruption on Global Shipping

December 05, 2024.
Logistics Publications, Trade Publications

Last year’s Red Sea crisis had a major impact on global shipping due to attacks on container ships. These disruptions caused delays, increased costs and supply chain disruptions, affecting key global trade channels and routes. Traffic through the Suez Canal, a key bridge between Europe and Asia, has...

Tariff Comments About BRICS Countries

December 04, 2024.
Logistics Publications, Trade Publications

In recent developments, President-elect Donald Trump has made several statements regarding his stance on tariffs. The latest statement being on November 30, he stated on Truth Social: "We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace...

Latest Updates on Trump’s Tariff Decisions

November 26, 2024.
Logistics Publications, Trade Publications

In recent developments, President-elect Donald Trump has made several statements regarding his stance on tariffs. The latest statement being "On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United...

President Donald Trump: What Can the Trade Community Expect in 2025 and Beyond?

November 26, 2024.
Trade Publications

Donald Trump’s 2016 presidency inaugurated major changes to US international trade policy, most notably the renegotiation of NAFTA into the US-Mexico-Canada Agreement (USMCA) and major additional tariffs on Chinese products in particular and aluminum and steel in general. The durability of these policies became apparent in 2020 at the turnover...

Chinese Unreliable Entries List Expands Towards Commercial Business

November 14, 2024.
Logistics Publications, Trade Publications

In 2020, the Chinese Ministry of Commerce (MOFCOM) instituted a punitive trade sanction program called the Unreliable Entries List (UEL) with a broad mandate to protect Chinese national security and trade. Larger in scope than the US DoC Denied Persons List, the UEL sanctions specific people, organizations, and companies for...