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October 1, 2019

Daisy

News, Trade Policy

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The World Trade Organization (WTO) has significantly reduced its trade growth forecast for 2019, warning that ongoing trade wars and slower growth in major economies could negatively impact living standards and employment. The organization now predicts a 1.2% growth in trade volumes this year, a considerable drop from its earlier 2.6% projection. The WTO has […]

The International Trade Council is pleased to announce that the UK has signed an economic partnership agreement with the Southern African Customs Union and Mozambique (SACU+M). The agreement ensures continued free trade between the UK and South Africa, Botswana, Lesotho, Namibia, Eswatini, and Mozambique after Brexit.     Businesses in both regions will benefit from […]

October 1, 2019

Kristan

Supply Chain

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In May 2019, Canada took a decisive step toward addressing forced labor and human trafficking risks in supply chains with the launch of a public consultation on a proposed Modern Slavery Act. The consultation process, led by Global Affairs Canada, invited feedback from a broad cross-section of society—including businesses, civil society organizations, and concerned individuals—on […]

September 27, 2019

Daisy

Japan, News, Trade Agreements, United States

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The International Trade Council is pleased to announce that the United States and Japan, the world’s first and third largest economies, have reached an initial trade agreement that will lower or eliminate tariffs on certain products traded between the two nations.   The deal will benefit agricultural goods and digital products, with duties on some […]

September 15, 2019

Kristan

Supply Chain

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In mid-2019, industry associations representing the electronics and automotive sectors released a comprehensive toolkit designed to help companies comply with the European Union’s Conflict Minerals Regulation (2017). Aligned with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals, the toolkit offered practical templates, checklists, and open data resources to facilitate conflict minerals reporting. […]

September 10, 2019

Kristan

ISIC

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The story of advertising in 2019 is, at its core, a story of digital migration. As brands poured resources into online platforms, agencies adapted—some with ease, others with urgency. But beneath the headlines and the creative sizzle, analysts and policymakers faced the perennial question: How fast is this shift happening, and where is the momentum […]

September 1, 2019

Kristan

Supply Chain

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In the wake of OFWAT’s 2018 water resilience rules, utilities across the United Kingdom faced mounting pressure to strengthen supply chain visibility and ensure uninterrupted water services during drought conditions. The regulatory framework, designed to protect consumers and safeguard natural resources, required water companies to demonstrate that their operations and supply chains could withstand prolonged […]

August 15, 2019

Kristan

Supply Chain

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In June 2019, the United States government implemented adjustments to anti-dumping tariff rate quotas (TRQs) that notably affected the importation of solar cells and steel products. These adjustments introduced stricter requirements for importers to report upstream supply sources as part of enhanced trade compliance measures. The changes aimed to tighten controls on imports linked to […]

August 1, 2019

Kristan

Supply Chain

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The coming into force of Canada’s Bill C-69 in August 2019 marked, as many would cautiously agree, a significant turning point in how mining projects must approach environmental assessments and related supply chain transparency. It’s not merely about satisfying regulatory requirements on paper; there is now, arguably, a heightened expectation for firms to demonstrate how […]

July 30, 2019

Kristan

ISIC

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Global trade in staple goods—food, beverages, and tobacco—rarely commands headlines, but it is the unseen engine behind everything from food security to macroeconomic stability. In 2019, shifts in wholesale trade flows told a story not only of market trends, but also of policy moves and changing consumer preferences. For analysts trying to map these currents, […]

July 1, 2019

Kristan

Supply Chain

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The passage of the Trying to Combat Illegal Fishing Act (TIFFA) in December 2018 marked a significant shift in U.S. policy toward tightening seafood supply chain controls. By mid-2019, seafood importers and processors found themselves grappling with a new and demanding compliance landscape. The Act’s core requirement—that all seafood imports be traceable to the port […]

The International Trade Council acknowledges India’s decision to impose tariffs on 28 US products, including almonds and apples, effective from Sunday. These new duties, with some reaching as high as 70%, are a response to Washington’s refusal to exempt Delhi from higher taxes on steel and aluminum imports. Earlier this month, US President Trump announced […]