The USTR plan for renegotiating NAFTA is largely about bringing it in line with trade policies developed since 1994. What’s really new: The U.S. states its goal is to reduce the U.S. trade deficit. Talks are set to open August 16. The first round of talks to revise the 23-year-old…
Datamyne Blog
Covering trade & transport, with tips on using import-export data to advantageFSVP & Data Management: Two Keys to FDA Compliance
The FDA’s Foreign Supplier Verification Program (FSVP) implements provisions of the Food Safety Modernization Act. Leading businesses are enabling compliance, considering data management and implementing a holistic regulatory strategy. By Myra Reynolds, LCB, CCS, guest columnist The FDA’s Food Safety Modernization Act (FSMA) rule on the Foreign Supplier Verification Program (FSVP)…
U.S. OFAC SDN List of Sanctioned Venezuelans Lengthens
Thirteen current and former government officials in Venezuela are designated for sanctions that freeze their U.S. assets and bar U.S. persons from doing business with them. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added 13 current or former senior officials of the Venezuelan government…
Argentina Clears Mercosur-Egypt FTA for Take-off
With Argentine Congressional approval, the free trade agreement signed by trade bloc members and Egypt in 2010 will enter into force within a month. Argentina announced it has sent its formal ratification of the Mercosur-Egypt FTA to the regional trade bloc’s headquarters in Asunción, Paraguay. Implementation of the FTA will…
NVOCC Share of U.S. Maritime Imports Edges Past 39 Percent
Free report from Descartes Datamyne ranks top 20 NVOCCs by import TEUs in first half 2017, reveals gains in volumes, NVOCC share of U.S. import market. We’ve been tracking the NVOCC share of U.S. maritime imports as an indicator of shippers’ use of logistics services providers. Our U.S. import bill…
Tesla Electric Vehicles Exports Gain in 2016
A new free report from Descartes Datamyne provides trade data on Tesla electric vehicles exports, including Model S and Model X, volumes and country destinations in 2016. Tesla shipped 22,007 electric vehicles (EVs) to markets abroad in 2016, an 11.9% increase over 2015, according to Descartes Datamyne waterborne export data. Based…
U.S. Beef Exports | Primed for Opening Markets
U.S. beef exports to South Korea passed a billion-dollar milestone in year 5 of the KORUS FTA. Beef exports are primed for more growth as the Chinese and Brazilian markets re-open. U.S. Beef Exports: KORUS FTA Trajectory No market provides a better example of the fall and rise of U.S. beef…
USDA Halts Imports of Fresh Beef from Brazil
U.S. Secretary of Agriculture Sonny Perdue yesterday announced the suspension of all imports of fresh beef from Brazil because of recurring concerns about the safety of the products intended for the American market. In the wake of the Brazilian government investigation into alleged bribery of food-sanitation inspectors, some 20…
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