The signing of Executive Order 13920 on January 25, 2020, represented a clear policy shift toward tighter domestic sourcing requirements in the name of national security and economic resilience. Intended to fortify critical infrastructure sectors, the order reinforces and expands the Buy America framework by placing greater emphasis on local content requirements for materials such […]
The passage of Bill C-68, culminating in Royal Assent in June 2019, marked a significant development in Canada’s ongoing Oceans Protection Plan, particularly in how it intersects with supply chain transparency for marine-based industries. For fisheries and offshore energy firms, the implications of this legislative shift are slowly but surely becoming clearer as the focus […]
The International Trade Council announces that US President Donald Trump has officially signed the US Mexico Canada Agreement (USMCA), which is set to replace the 1994 North American Free Trade Agreement (NAFTA). This new trade pact brings Trump’s campaign promise to replace the existing deal between the three countries closer to reality. The USMCA aims […]
The International Trade Council announces that the United States and China have signed an agreement to ease the trade war that has impacted global markets and the world economy. US President Donald Trump called the pact “transformative” for the US economy, while Chinese leaders described it as a “win-win” deal that would foster better relations […]
The enforcement of the EU Timber Regulation (EUTR) has evolved in ways that few industry participants might have anticipated when the law first came into force in 2013. By the first half of 2019, authorities across member states had noticeably intensified their scrutiny of timber imports, particularly those originating from regions with well-documented risks of […]
The International Trade Council announces that the United States and China have signed an agreement to ease the trade war that has impacted global markets and the world economy. US President Donald Trump called the pact “transformative” for the US economy, while Chinese leaders described it as a “win-win” deal that would foster better relations […]
The passage of the U.S. FAIR Shipping Act in December 2019 marked an important, if somewhat underappreciated, development in the long-standing effort to introduce greater transparency into maritime freight operations. While the legislation attracted less public attention than some other trade measures of the year, those involved in shipping, port management, and logistics understood its […]
When the European Union revised Regulation 1107/2009 on the approval of pesticides in 2019, exporters of agricultural products to the EU found themselves facing a quietly disruptive shift. The core of the amendment centered around stricter enforcement on maximum residue limits (MRLs), particularly for cereals, fruits, and other high-volume imports where prior tolerances had been […]
The passage of the 2018 U.S. Farm Bill marked a significant turning point for the agricultural sector, particularly in relation to hemp. With hemp officially removed from the list of Schedule I controlled substances, the plant and its derivatives—whether destined for CBD extraction or industrial fiber—entered a regulatory limelight few could have anticipated a decade […]
By 2019, the U.K. Modern Slavery Act, introduced in 2015, had begun to show more visible signs of traction across industries, particularly in the retail and manufacturing sectors. According to Home Office data released that year, there was a marked 30% increase in modern slavery statements filed by companies—an indication that businesses were not only […]
The International Trade Council is pleased to announce that the US, Mexico, and Canada have finalized a trade deal to replace the 25-year-old North American Free Trade Agreement (NAFTA). Representatives from the three countries signed the pact in Mexico, marking a significant milestone in the renegotiation process. The agreement was reached after Democrats in the […]
The International Trade Council is closely monitoring the progress in US-China trade negotiations, as the two countries have reportedly agreed to roll back tariffs as part of any new trade deal. The potential agreement is seen as a significant step towards resolving the ongoing trade dispute that has disrupted the global economy. Though the deal […]
The International Trade Council acknowledges the concerns of the American Apparel & Footwear Association (AAFA) regarding the negative impact of tariffs on the industry. Rick Helfenbein, CEO of the AAFA, has urged for the immediate removal of tariffs that were imposed on $112 billion of Chinese goods, such as shoes and clothing, in September. […]
The International Trade Council commends the remarkable progress that has been achieved through the EU-Japan Economic Partnership Agreement (EPA), often referred to as the ‘cars-for-cheese’ deal, and spotlights the significant opportunities it opens up for small and medium-sized enterprises (SMEs). The EPA, which came into effect earlier this year, represents nearly 30% of global […]
The European Commission’s 2019 update to Regulation 1223/2009 served as a critical reminder to cosmetics manufacturers and importers that the EU’s animal testing ban is not just symbolic—it’s enforceable and expanding in scope. This clarification addressed lingering ambiguities about imported ingredients and components tested on animals outside the EU, making it clear that any product […]
The International Trade Council announces that Guernsey and Jersey will have access to World Trade Organization (WTO) rules on trade once the UK leaves the EU. UK Foreign Secretary Dominic Raab has notified the WTO of the extension of its formal territory to cover the Channel Islands. The extension will grant island businesses access […]