The ease and healthiness of preparing fish, combined with concerns of over-fishing in U.S. resources and environmental implications has lead to the burgeoning growth of seafood imports. It is estimated that the United States imports nearly 80 percent of the seafood it...
Snapshot: U.S. Automobile Imports and Exports
As the U.S. Commerce Department examines whether to impose section 232 tariffs on passenger vehicles, data from Descartes DatamyneTM reveals significant changes in U.S. automobile imports and exports. U.S. Automobile Imports According to data from Descartes Datamyne,...
Updating the EU-Mexico Free Trade Agreement
Mexico and the European Union (EU) have agreed to update their existing free trade agreement to further improve an already positive trade relationship. According to data from Descartes DatamyneTM, $73 billion USD worth of goods was traded between the two regions in...
Soybean Exports and Change: Market Falls to a Nine-Year Low
Soybean exports are declining alongside the drop in price. Amid trade policy changes between the United States and China, the value of grain commodities continues to fall, with a steep decline in both soybeans and corn. Since January 1st 2018, according to Business...
Coffee Imports and Exports: Market Trends and Analysis
The value of the the total coffee imports and exports continues to decline. Since August 2017, the International Coffee Organization indicator price has declined in each month except January. The price has further decreased by 1.1% in March 2018 to an average of...
U.S. Pet Food Exports: Overview and Outlook
The United States has traditionally been a strong target for dog and cat food imports, with the U.S. market share of global sales around 42%. However, U.S. pet food exports continue to rise, according to data from Descartes Datamyne™ . Despite a seasonal...
Travel, Trade with Cuba Curbed by New Constraints
OFAC and BIS rule changes reverse some – but not all – liberalized polices on travel and trade with Cuba; the Cuba Restricted List lengthens. Treasury Dept.’s Office of Foreign Assets Control (OFAC) has announced that the Cuban Assets Control Regulations will be...
Condition Whiskey: Southeast Ports Get Set for Hurricane Irma
Preparations are underway at ports in the projected path of Hurricane Irma, expected as of Friday morning to move up the Florida Keys and hit the continental U.S. near Miami this weekend. The ports of the U.S. Virgin Islands and Puerto Rico are closed – the Coast...
USTR Outlines Objectives in Renegotiating NAFTA
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...
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...