Trade Policy

News and analysis of trade policy such as free trade agreements and changes to tariff regimes around the world. 

Commentary

With official withdrawal postponed to Oct. 31, Halloween will be particularly frightful this year for UK businesses unprepared for the inevitable disruption to supply chains from the country’s exit from the European Union.

News & Analysis

16 May 2019
Complacent markets that were sure cooler heads would prevail in trade discussions between the US and China have been rocked by a rapid-fire escalation in tariffs.
13 May 2019
Facing yet another hike in tariffs on imports from China, BCOs are reviewing their options, but the reality is if they haven't changed their sourcing strategy by now, it's probably too late.
10 May 2019
Trade attorneys say manufacturers should take the lead in lobbying for changes in trade policy, as well as consider potential M&A opportunities resulting from tariff uncertainty.
10 May 2019
US imports of goods that left China prior to Friday’s increase of tariffs from 10 percent to 25 percent may be able to enter the country at the lower duty rate under certain circumstances.
06 May 2019
US President Donald Trump's decision to hike tariffs on a wide selection of Chinese-made goods took the US trade community by surprise.
01 May 2019
US importers paying tariffs might have some remedies at their disposal to limit their financial obligation, but many don’t know their options and are leaving valuable savings on the table.
05 Apr 2019
Trump’s trade policies find little favor with footwear executives, but a former USTR reminded them that trade is a long game and the complicated US-China relationship predates the current president.
02 Apr 2019
While British politicians have been chasing their tails in Parliament, businesses in the UK and Europe have been planning for a no-deal Brexit.
15 Feb 2019
With meat shipments to the Middle East poised to decline, exporters are hoping the lifting of a previous ban in Russia and an outbreak of African Swine Flu in China will offset those losses.
Port of Montreal.
10 Jan 2019
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which took effect Dec. 30, will contain 495 million consumers.
A resin plant at sunset.
02 Jan 2019
Althougth US-China trade tension can affect demand, there are several reasons US resin exporters remain bullish for 2019.
31 Dec 2018
In 2019, as in 2018, the US trade community will face multiple uncertainties generated by the Trump administration’s often unpredictable trade policy.
Cargo being unloaded.
19 Dec 2018
There are just 100 days to go until the UK exits the European Union, with British businesses "watching in horror" as the country lurches towards the worst case scenario — leaving the EU with no deal.
Shanghai port.
18 Dec 2018
US-China tariff uncertainty is prompting US-bound manufacturing moves out of China, but undertaking the shift is not a quick and easy process.
Dover Straits, United Kingdom.
12 Dec 2018
The latest deal reached between Britain’s Theresa May government and the European Union has failed to win any political support, and Brexit contingency planning suggests the private sector is assuming all trade with the EU will be on World Trade Organization terms, regarded as a worst-case scenario.
Two ships at the Port of Los Angeles.
30 Nov 2018
Following a meeting with Chinese President Xi Jinping in Buenos Aires on Saturday at the G20 summit, President Trump agreed to a 90-day truce in which the US wouldn’t impose higher tariffs on Jan 1. as threatened.
Krishnapatnam Port.
29 Oct 2018
At the most recent talk in New Delhi, India Shipping Secretary Gopal Krishna and Bangladesh counterpart Abdus Samad agreed to increase ports of call, on each side, under the bilateral inland water transit and trade pact.
Steel on rolls.
23 Oct 2018
Despite a healthy economy and a trade policy-driven import spike at some US ports, US steel cargoes declined overall at many of the major US ports during the first half.
Containers in Shanghai, China.
22 Oct 2018
The Trump administration itself is split on the effectiveness of the tariffs, and, unlike Congress, the president “cares less about data,” so businesses should go directly to Congress with their concerns, the trade executive said.
Port of Oakland.
18 Oct 2018
"I’m not optimistic we are going to see a grand bargain with all the tariffs coming off,” Lance Noble, senior analyst at Gavekal Dragonomics, said at the TPM Asia Conference on Oct. 10.
Breakbulk Americas, Oct. 2018.
16 Oct 2018
China and Russia are changing global trade rules and the global order in ways "detrimental to US security," a Trump administration document claims.
Chittagong Port
15 Oct 2018
Bangladesh Shipping Secretary Abdus Samad told JOC.com the decision was made with the interests of Bangladesh’s Chittagong and Mongla ports in mind.
Soybean silos in Kansas, United States.
10 Oct 2018
“The short term is bad, but it’s actually the long term that’s more of a concern,” said Mike Steenhoek, executive director of the Soy Transportation Coalition. Brazil and Argentina have emerged as serious challengers to the once-dominant US position as the world’s top supplier of soybeans.
The Port of Los Angeles.
20 Sep 2018
Already chaotic and upended, the Trump administration’s proposed Jan. 1, 2019, 25 percent tariff on imports from China is causing importers to scramble for ocean, truck, and rail capacity — with the next ramification being the warehouse variable: will there be any space after the front-loading of imports?
Chassis stack in the United States.
19 Sep 2018
The decision means the price of a chassis in the United States will likely rise by a substantial amount.
Dover port, United Kingdom.
19 Sep 2018
“Unfortunately, a no-deal scenario is still quite possible,” according to European Council President Donald Tusk. “But if we act responsibly, we can avoid a catastrophe.”
A steel mill.
07 Sep 2018
To say that the Trump administration’s steel tariffs and quotas have upset the global steel market would be an understatement, as nations who have hit their quotas are scrambling for new markets, and US importers are searching for new sources of affordably priced steel.
US Customs House, New York, NY.
13 Aug 2018
Importers may be unaware that they need to increase the level of the bond they must maintain with US Customs and Border Protection for duties due to be paid over a 12-month period.
Home construction in Texas, United States.
11 Aug 2018
Backers of tariffs always promise positive results for the domestic economy. But tariffs were tried by the United States and many other nations in the early stages of the Great Depression in the 1930s. Now how did that work out?
Intermdoal rail.
08 Aug 2018
Containers were one of only five items among the original 284 items granted a reprieve by the US working group consisting of nearly a dozen federal agencies.
Plastic waste for recycling.
02 Aug 2018
As of now, scrap/agriculture exporters and ocean carriers are in two parallel universes concerning whether space exists on ships heading to Southeast Asia and the Indian subcontinent.
Port of New York and New Jersey container ship.
27 Jul 2018
Although trade tensions between the United States and the European Union and their impact have been muted so far in 2018, trade stakeholders know that could change dramatically and quickly.
Intermodal containers on a train in the US.
25 Jul 2018
Tariffs on containers are unwarranted and will needlessly raise costs throughout the supply chain, business leaders testifying on Capitol Hill agreed.
A container ship at sea.
24 Jul 2018
Despite strong demand, the Hong Kong-based firm said Friday that increases in material costs, particularly corten steel, accounted for a marginal interim net loss for the first half of 2018, compared with a $16.6 million profit for the same period in 2017.