Trade News

Trade News
03
Oct
Global Ports
The Headlines: U.S. trade policy is having a notable impact on global trade, despite months of delays and uncertainty. Data shows that in August, China began shipping more to ASEAN countries and less to the U.S., while also bringing attention to the issue of illegal transshipment. The upcoming U.S. port fees are also reshaping trade lanes, with many Chinese-built ships being rerouted to non-U.S. trades. The dynamics of the global supply chain trade (and the ports it relies...
02
Oct
On September 29, the White House issued a proclamation (Proclamation) invoking Section 232 of the Trade Expansion Act (Act) to impose tariffs on certain imports of timber, lumber, and derivative wood products into the United States. This action is a response to a U.S. Commerce Department investigation, which found that rising import volumes, supported by foreign subsidies and unfair trade practices, are burdening the U.S. wood products industry.
The Tariff Rate
The Proclamation imposes a 10% ad valorem tariff on imports...
01
Oct
The NCBFAA has issued guidance on the impact of the current U.S. government shutdown. At this point, it is believed that most "fee funded" agencies will continue operations, but some will do so with reduced staffing levels.
Below is additional information provided by the NCBFAA that has been summarized:
Trade is expected to be UNCHANGED, for now.
Agencies responsible for assisting Trump with trade and tariff negotiations are largely insulated after funding lapsed overnight, according to contingency plans published hours before Wednesday’s deadline.
The...
26
Sep
Transshipment has fast become the second most important word in trade, after tariff.
The reason is that the U.S. government is intensifying its oversight of importers suspected of using transshipment through third countries to evade duties on Chinese goods. And the risks and costs of violating the rules can be severe.
This increased scrutiny comes as shifting trade flows highlight how exporters are adjusting to the new tariff environment. In August, China’s exports to the U.S. fell 33% year-over-year, while shipments...
25
Sep
By: Mike Smith, Principal, CliftonLarsonAllen
Key insights
• President Donald Trump's tariffs are reshaping international trade dynamics and additional changes could be forthcoming.
• Learn about the potential wide-ranging economic impact on key industries and how it could affect your business and operations.
• This is an evolving situation that continues to change.
Tariffs have been and continue to be a hot topic. As the tariff landscape continues to evolve, it can bring a level of uncertainty for many businesses across industries.
As we continue...
23
Sep
Transshipment has fast become the second most important word in trade, after tariff.
The reason is that the U.S. government is intensifying its oversight of importers suspected of using transshipment through third countries to evade duties on Chinese goods. And the risks and costs of violating the rules can be severe.
This increased scrutiny comes as shifting trade flows highlight how exporters are adjusting to the new tariff environment. In August, China’s exports to the U.S. fell 33% year-over-year, while shipments...
22
Sep
The hard work of managing global trade strategies and negotiations continues even when the talk of tariffs fades (ever so slightly) from the headlines. The U.S. has launched a formal consultation process for the upcoming review of the vital U.S.-Mexico-Canada Agreement (USMCA), asking the public to comment on any benefits and shortcomings of the trade deal. Stakeholders have 45 days to submit feedback on issues including balanced trade, market access, and economic security. The first USMCA joint review meeting is set...
19
Sep
By Ian Hunter, Director, OCO Global
Cheaper money has changed boardroom calculus. With the Federal Reserve’s interest rate cut, European CFOs deciding where to build the next plant or R&D hub now see the United States as easier to finance and faster to scale. Momentum in foreign direct investment (FDI) was already tilting west; lower rates nudge more plans from deck to delivery, especially in states that pair credible incentives with execution. Think Pennsylvania, Texas, New York, South Carolina, Ohio,...
Other Chapter News






