Trade News / Global perspectives

Posted: Oct 14, 2016

Just as we promised with our inaugural launch of Global Trade News, we continue to endeavor to provide insight into the global trade environment, and to offer solutions that simplify the complexities of trade to help you SUCCEED! The global trade environment is complex. However, we’re here to provide our expertise to help you navigate… Read more »

Most Recent News

Posted: Oct 19, 2016

By David Garduno, GTM Governance, Mexico The Trans-Pacific Partnership (TPP) Agreement was signed on February 4th, 2016 after a number of years of negotiations. The twelve countries making up the TPP are: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. While the agreement still has to be… Read more »

Posted: Oct 14, 2016

By Chris Brady, GTM Governance, U.S. On June 3, 2016, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and the U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) published final rules revising key definitions in the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR). These revisions… Read more »

Posted: Oct 14, 2016

By John Moccia, Regulatory Affairs, Canada Nearly three years have passed since the 159 member states of the World Trade Organization (WTO) reached consensus and signed an Agreement on Trade Facilitation (TFA). The Agreement represents a significant milestone for the WTO as it is the first multilateral trade agreement to be concluded since the WTO… Read more »

Posted: Oct 14, 2016

Home to 31.75 million people, the Republic of Peru is located on the Western side of South America, and shares a border with five of its neighbours (Ecuador, Brazil, Columbia, Bolivia, and Chile). Peru is one of the fastest growing economies in the world, in industries such as copper, gold, zinc, petroleum, and coffee. Geographically,… Read more »

Posted: Oct 14, 2016

WHY IS HTS CLASSIFICATION IMPORTANT? The Harmonized Tariff Schedule of the United States (HTSUS) is the foundation of classification. Its roots go back to 1988, when it was adopted by the 200 or so member countries all around the world. Within the principles of the HS, the HTSUS classification determines the duty rate for goods… Read more »

Posted: Oct 14, 2016

By Brad Lehigh, GTM Governance, Canada The Wassenaar Arrangement (WA) is made up of 41 countries committed to promoting responsibility and transparency in global arms trade and to preventing the destabilizing accumulations of arms. Each year, in December, WA signatories meet to discuss necessary revisions to the Wassenaar Arrangement of Dual-Use Goods and Technologies list…. Read more »

Posted: Oct 14, 2016

By Phil Sutter, GTM Governance, Global The Brexit Referendum vote in the United Kingdom (UK), on 23 June 2016, has produced much uncertainty about Britain’s future. The referendum was an expression of the will of the people for Britain to exit the European Union (EU), a bloc of 28 countries. However, apart from the finality… Read more »

Posted: Oct 14, 2016

By Patty Davis U.S. Regulatory Affairs Following years of planning, U.S. Customs and Border Protection’s (CBP) transition to the Automated Commercial Environment (ACE) and the Single Window Initiative is nearing completion. With the exception of some, post-release processes (scheduled for implementation in late October), all electronic import and export filings are now being processed in… Read more »

Posted: Oct 14, 2016

By Philip Sutter, GTM Governance, Global Every five years, as with the return of the swallows to Capistrano, the World Customs Organization (WCO) updates the Harmonized System (HS). And so, on 1 January 2017, customs veterans will witness another HS update. Rather than perching on the walls of an old mission church, however, this update… Read more »

Posted: Oct 14, 2016

Just as we promised with our inaugural launch of Global Trade News, we continue to endeavor to provide insight into the global trade environment, and to offer solutions that simplify the complexities of trade to help you SUCCEED! The global trade environment is complex. However, we’re here to provide our expertise to help you navigate… Read more »