The U.S. is making greater use of economic and trade sanctions as tools of foreign policy, extending their reach to more targets around the world ... creating new compliance pitfalls for companies that do business on a global basis. The U.S. is leaning in on economic...
U.S. Deploys Protective Tariffs on Solar Panels, Washing Machines
Delivering on a promise to defend domestic industries, the U.S. raises protective tariffs on solar panels, washing machines; finds cause for new duties on alloy aluminum sheet from China. New protective tariffs on solar panels, washing machines and (coming soon) alloy...
Getting Trade Data Reports Admitted Into Evidence In Court: A Primer
by John M. Peterson, guest columnist Descartes Datamyne subscribers use trade data reports for a variety of purposes – to monitor competitors’ importing activities, to detect intellectual property infringements, to spot contract breaches, and to detect wrongdoing in a...
10 Bellwether Trends in International Trade
Here are 10 trends in international trade with high potential to change the course of U.S. import-export trade in the year ahead. 1. Shifting Currents in Global Energy Flows The lifting of restrictions on U.S. oil exports together with the shale revolution have...
Market Reaction to Japan’s Tariff on Frozen U.S. Beef Exports
Early signs indicate a substantial effect on frozen U.S. beef exports to Japan as the one of the largest U.S. beef destinations looks to other suppliers. Late July, Japan announced that they would be using a safeguard measure that allows for raising tariffs should...
Pop, Fizz, Clink: U.S. Celebrates with Sparkling Wine Imports
U.S. sparkling wine imports continue to rise, data from Descartes Datamyne reveals. Champagne still provides a year-end holiday lift, but Spain’s cava and – especially – Italy’s prosecco are boosting volumes all year round. The bubbly is not just for New Year’s Eve...
Christmas Tree Imports Rise as Growers Come up Short
This year’s crop of ready-to-cut firs, pines and spruce has fallen short of holiday season demand. Early trade data indicates Christmas tree imports – fresh and artificial – are rising to fill the gap. Nearly 95 million U.S. households will deck the halls with a...
Global Trade Finance and Profit: Descartes Launches New Product for Banks
Descartes adds market research geared to the global trade finance marketplace to help companies reduce risk and discover new business potential. Trade finance is central to the flow of goods. It is trade finance that makes it possible for importers, exporters,...
Twin Peaks: Imports Pass 2M TEUs Twice during Peak Shipping Season
Month-by-month, this year’s peak shipping season for U.S. maritime imports broke volume records, surpassing 2 million TEUs in August and October. This year’s peak shipping season, the August-to-October run-up to year-end holidays during which merchants stock up for...
Plastics Industry Trends | ITC Holds PET Resin Dumping Harmful
ITC determination in AD/CVD investigation finds PET resin imports dumped on U.S. market materially injured domestic producers, paves the way for new tariffs. Meanwhile, build-out of PET production for export stalls. The U.S. International Trade Commission (ITC) has...