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India-UAE Trade Corridor: Redefining Global Trade Flows and Strategic Partnerships
India and the United Arab Emirates have signed a major agreement on the establishment of a trade corridor that aims to connect Europe with India through parts of the Middle East. The agreement, which was reached during a visit by Indian Prime Minister Narendra Modi to the UAE, is an ambitious plan backed by the…

How Do U.S. Firms Track and Pay Tariffs? A Plain-English Guide
Tariffs—taxes on imported goods—are a fact of life for many U.S. businesses. But how do firms actually keep track of these costs, pay them, and stay compliant with ever-changing trade rules? Here’s a straightforward guide to how it works in practice. What Is a Tariff and Who Pays It? A tariff is a tax the…

Why is Trade Compliance operating like its 1999?
Reflections on AAEI 2018 – Why is Trade Compliance operating like its 1999? As always AAEI puts together an agenda that is meaningful for the trade compliance community. The sessions are highly informative and relevant to the current trade environment and provide really good insights into what CBP, Commerce, and the PGAs are working on….

Unprecedented Increase in Container Shipping Rates Sparks Concern Among US Importers
The cost of shipping a standard 40-foot container from Shanghai to New York has surged to nearly $10,000, causing alarm among importers and industry experts who fear this spike may be unsustainable. The Drewry World Container Index spot rate for this route has skyrocketed to $9,387, marking a significant escalation from previous levels earlier in…

EU Takes Bold Steps to Combat Climate Change: Limits Methane Emissions in Fossil Fuel Imports
In a significant move towards combating climate change, European Union lawmakers recently adopted a groundbreaking law that will impose methane emission limits on fossil fuel imports starting from 2030. Methane, a potent greenhouse gas and the main component of natural gas, is the second-largest contributor to climate change after carbon dioxide. This new regulation places…

How China’s Economic Aggression Threatens the Technologies & Intellectual Property of the US & the World
White House Office of Trade and Manufacturing Policy June 2018 [Download Report]