Trade News / Global perspectives

Posted: May 4, 2017

On the road to global trade… Your international trade GPS just declared “Recalculating route…!” – sound relatable? The way forward for global traders is quite uncertain. Are you charting the best course for your business, or just following the detour signs? The Brexit referendum last June seems to have set the stage for this uncertainty. It… Read more »

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Posted: May 5, 2017

The Republic of India (India) is Asia’s second-largest country, after China. Its capital city, New Delhi, is located in the north central part of the country. India is a sovereign socialist secular democratic republic. Its constitution, which came into effect January 26, 1950, provides for a parliamentary form of government, at the center and in… Read more »

Posted: May 5, 2017

Written by: Brad Lehigh, GTM Governance, Canada On April 6th, 2017, the Canadian House of Commons Standing Committee on Foreign Affairs and International Development tabled a report entitled “A coherent and effective approach to Canada’s sanctions regimes: Sergei Magnitsky and beyond”. The report was issued as a result of a long-standing requirement to review Canada’s… Read more »

Posted: May 5, 2017

Written by:  Philip Sutter, GTM Governance, Global The World Trade Organization (WTO) Trade Facilitation Agreement (TFA)[1] has entered into force after more than a decade of negotiation. The two-thirds of the membership needed to ratify was achieved on February 22, 2017. This is significant because the WTO hasn’t had a great track record with multilateral… Read more »

Posted: May 4, 2017

Written by: John Moccia, Regulatory Affairs, Canada In Canada, the plan for a Customs Single Window Initiative to facilitate the exchange of trade-related information and documents has finally progressed from concept to implementation. A changing border management environment is the main driver for the Canada Border Services Agency (CBSA) to implement the Single Window Initiative… Read more »

Posted: May 4, 2017

Written by: George Reed, GTM Governance, Global Many governments around the world have enacted financial sanctions and/or trade restrictions against persons or entities engaged in activities deemed to be detrimental to national security.  Sanctions or trade restrictions may be imposed related to criminal activity, drug trade, money laundering, trade regulation violations, terrorism, weapons proliferation, UN… Read more »

Posted: May 4, 2017

Written by: Dana Pontia, GTM Governance, Global The original Miscellaneous Tariff Bill (MTB) legislation was introduced in the early 1980s, with two main goals. The first, is to help U.S. manufacturers compete both at home and abroad by temporarily reducing or suspending import tariffs. The second, is to give importers a means to request other… Read more »

Posted: May 4, 2017

Written by: Philip Sutter, GTM Governance, Global As an importer, you must ensure that proper visibility and attention is given to reduce or eliminate your company’s exposure to antidumping duties (ADD) and countervailing duties (CVD). ADD/CVD duties can be substantial. Duty percentages are sometimes in the double or triple digits. However, with the proper due… Read more »

Posted: May 4, 2017

Written by: Wojciech Lewandowski, GTM Governance, Europe For the first time since it was formed, the European Union (EU) will lose one of its member states. On May 29th, Theresa May, the United Kingdom (UK) Prime Minister, triggered Article 50 of the Treaty on the Functioning of the European Union (TFEU), thereby beginning the process… Read more »

Posted: May 4, 2017

Written by: Anthony M. Troia, GTM Consulting, U.S.  As an update to previous articles tracking the U.S. trade policy shift with respect to the North American Free Trade Agreement (NAFTA) (see: U.S. Trade Policy Shift, by Philip Sutter) it appears that, instead of outright repealing the agreement, the new U.S. administration is taking a much… Read more »

Posted: May 4, 2017

On the road to global trade… Your international trade GPS just declared “Recalculating route…!” – sound relatable? The way forward for global traders is quite uncertain. Are you charting the best course for your business, or just following the detour signs? The Brexit referendum last June seems to have set the stage for this uncertainty. It… Read more »