From Forbidden Tech to Bold Moves: The Harsh Consequences of Violating Trade Regulations and the Urgent Plea to Trump

From Forbidden Tech to Bold Moves: The Harsh Consequences of Violating Trade Regulations and the Urgent Plea to Trump

A Harsh Reminder of the Consequences of Violating International Trade Regulations In an intriguing case, Saber Fakih, a UK citizen, has been sentenced to 18 months in prison for attempting to export US technology to Iran. Fakih, together with accomplices from Canada, the United Arab Emirates, and Iran, conspired to export an Industrial Microwave System…

China Comes Close to Overtaking Japan as the World’s Largest Car Exporter

China Comes Close to Overtaking Japan as the World’s Largest Car Exporter

In the competitive world of global automotive trade, China has come tantalizingly close to dethroning Japan as the world’s largest car exporter. While it fell just shy of achieving this goal in 2023, China’s impressive growth highlights its emergence as a major player in the automotive industry. In this blog, we will explore the factors…

Navigating the Stormy Waters of the Supply Chain in 2024

Navigating the Stormy Waters of the Supply Chain in 2024

As we embark on a new year, it’s vital for businesses to foresee and prepare for the challenges that lie ahead. The global supply chain has demonstrated its fragility and interdependence over the past years, prompting the need for resilience and adaptability. In this blog, we will explore four predictions for 2024 that are likely…

Global Soft Landing in Sight, Raises 2024 Economic Growth Outlook

Global Soft Landing in Sight, Raises 2024 Economic Growth Outlook

The International Monetary Fund (IMF) recently released an updated economic outlook, signaling a positive development for the global economy. The report forecasts a soft landing and an uplifted growth outlook for 2024. This upgrade comes alongside improved prospects for the two largest economies, the United States and China, citing a faster-than-expected easing of inflation as…

The Implications of New Antidumping and Countervailing Petitions on Paper Plates from China, Thailand, and Vietnam

The Implications of New Antidumping and Countervailing Petitions on Paper Plates from China, Thailand, and Vietnam

In the realm of international trade, recent developments have brought attention to the issue of unfair trade practices in the paper plate industry. On January 25th, the American Paper Plate Coalition (APPC), comprising AJM Packaging Corporation, Aspen Products, Inc., Dart Container Corporation, Hoffmaster Group, Inc., Huhtamaki Americas, Inc., and Unique Industries, Inc., filed antidumping duty…

Breaking Boundaries: The Must-Know Trade Stories of the Week!

Breaking Boundaries: The Must-Know Trade Stories of the Week!

January 31 Teradyne Shifts $1 Billion in Manufacturing Away from China Amid Export Controls Semiconductor testing equipment supplier, Teradyne, recently made a significant move in response to US export regulations. They relocated manufacturing worth around $1 billion from China due to supply chain disruptions and regulatory challenges. This decision reflects the company’s commitment to navigate…

Assessing the Potential Impact of Trump’s Proposed 10% Tariff Plan on Asset Classes

Assessing the Potential Impact of Trump’s Proposed 10% Tariff Plan on Asset Classes

The announcement of Donald Trump’s proposed 10% tariff plan has ignited discussions among economists, strategists, and investors. This plan, which aims to incentivize American domestic production, has the potential to shake up every asset class, according to Michael Every, a global strategist at Rabobank. Understanding the Proposed Tariff Plan:According to reports, the former U.S. president…

US Aims to Impose Tighter Curbs on Civilian Gun Exports

US Aims to Impose Tighter Curbs on Civilian Gun Exports

The Biden administration is taking steps to tighten oversight and regulations surrounding the export of semiautomatic weapons, aiming to curb their use in foreign crimes and human rights violations. According to a Bloomberg report, the U.S. Commerce Department has conducted a review following an investigation that revealed a correlation between increasing civilian gun exports and…

The Changing Landscape of Parcel Shipping: Consolidation, Discounts, and Carrier Diversification

The Changing Landscape of Parcel Shipping: Consolidation, Discounts, and Carrier Diversification

The world of parcel shipping is constantly evolving, and recent trends indicate a shifting landscape for shippers and carriers alike. In this blog, we’ll explore the emerging developments surrounding carrier consolidation, shipping discounts from major players like FedEx and UPS, and the delicate balance of carrier diversification. Join us as we delve into the challenges…

January 25:  Tariff Tactics, Data-Driven Trade, Arms Control, and De-Dollarization

January 25: Tariff Tactics, Data-Driven Trade, Arms Control, and De-Dollarization

Tariffs Back on the TableGuess who’s back with a new proposition? It’s none other than former U.S. President Donald Trump, stirring the embers of past trade wars. Trump proposes a 10% tariff on all imported goods to boost U.S. domestic production. Eye on the Horizon: Michael Every of Rabobank warns this move could have a…

Enhance Your Knowledge in Logistics and Supply Chain Management

Enhance Your Knowledge in Logistics and Supply Chain Management

If you’ve ever considered expanding your expertise in the dynamic field of logistics and supply chain management, now is the perfect time to take the plunge. We are excited to introduce our new course format that closely follows the highly acclaimed Logistics Textbook, ensuring you acquire relevant and up-to-date knowledge. Here’s a preview of what…

The Enforce and Protect Act: What You Should Know About Antidumping & Countervailing Duties

The Enforce and Protect Act: What You Should Know About Antidumping & Countervailing Duties

Activity under the EAPA has been picking up lately, so it would be timely to address the statute and administrative procedures under it and describe some of the enforcement concerns for US importers and their foreign suppliers. Simply stated, antidumping duties are imposed by the US Commerce Department when imported merchandise has been determined to…