Last update: 6:00 p.m. (ET) May 10 Latest comment: “Not enough profit for the time invested and also disputing freights 3 months after the loads ships.” 5/10 11:05 a.m. (ET) Earlier comments (oldest first): “For those not exporting it is ultimately their risk...
An Earth Day Story
The HS gets in the way of spreading environmental goods What’s the difference between a pipe used in treating wastewater and a pipe that transports oil? A hotplate and a solar cooker? A refrigerator that’s energy-efficient versus an energy hog? In the Harmonized...
Clock Stops on Countdown to Tariffs
Brazil, U.S. reach agreement in 11th-hour talks Brazil’s threat to impose stiff tariffs on a range of U.S. products and commodities as of April 7 has been withdrawn thanks to negotiations that began April 1 and concluded with an agreement announced April 6. The...
Plastic Bag Tug of War
First-ever countervailing duty to be imposed on Vietnam The Department of Commerce has issued final determinations of anti-dumping duties to be imposed on plastic grocery bags made in Taiwan, Indonesia, and Vietnam. Polyethylene retail carrier bags — or PRCBs — have...
Global Bounce Back
WTO forecasts 9.5% growth in trade volumes The World Trade Organization (WTO) projects a rebound in world trade in 2010, recovering some, but by no means all, ground lost in 2009, when global trade volumes contracted 12.2% — the largest decline since World War II. If...
Brazil's Countdown Continues
Scope of threat broadens Brazil has broadened the scope of threatened retaliation to include 21 new items, including pharmaceuticals, music and movies (http://bit.ly/cQQ7a8), which would be subject to not only tariffs but also suspension of patents and intellectual...
Brazil’s Retaliatory Tariffs
After 8 years, 30 days to sanctions With the approval of the World Trade Organization, Brazil is set to impose tariffs on a range of U.S. products and commodities in retaliation for U.S. government subsidies to American cotton growers. The trade dispute started in...
Engine for growth
Betting that more exports = more jobs The Obama administration’s National Export Initiative (NEI) aims to double U.S. exports over the next five years by expanding government promotion efforts. The ultimate goal is job creation. As the Economic Report of the President...
The Datamyne Top 5
Top U.S. Export Markets "We will double our exports over the Next five years..." – President Obama, SOTUS, January 27 Here's where we start: Top Countries of Destination 2009 - JAN to NOV - FOB Value US$