President Donald Trump and China’s Vice Premier Liu He have signed an initial agreement that commits China to policy changes on intellectual property (IP), technology transfer, financial services, and currency management. China also promises substantial purchases of...
U.S. tariffs on imports from China consigned the traditional peak shipping season to the ghosts of Christmases past this year. The U.S.-China trade war pushed the U.S. import shipping volume trend line for 2019 to an early peak in July before driving TEUs [20-foot...
While negotiations between the U.S. and Japan are continuing with a view to a free trade agreement in 2020, the trade partners on September 25 announced a partial deal – an “early harvest” – that will open Japanese markets to more U.S. agricultural exports and reduce...
In the first half of this year, Descartes Datamyne trade data shows, the U.S. swung from net importer to exporter of methanol [HS290511], a basic petrochemical derived from natural gas. The trade surplus might have been more substantial had shipments to China not...
ANTONY, France, October 21, 2019 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Vestiaire Collective, the leading, global community-driven platform for...
As the UK nears its latest deadline for departing the EU, what will happen next remains unclear. Descartes Datamyne international data – including our new UK database – keeps Brexit’s ongoing effects on global trade in sharp focus. “Entrenched uncertainty” – that’s...
Starting in March of 2018, the Trump Administration has deployed tariffs and import quotas on select steel and aluminum products under Section 232 of the Trade Expansion Act of 1962, which authorizes these measures to control imports in the cause of national security....
A return to the 25% duty rate on U.S. automotive exports to China is set to enter into effect on December 15th, and U.S. auto-makers are worried about the effects. Overseas sales of U.S.-made cars have yet to recover after last year’s tariff cut shipments to China by...
Industry publication, Logistics Management, speaks to Brendan McCahill, Senior Vice President of Trade Data Content at Descartes Datamyne. Read how Mr. McCahill covers port trends, carrier service, the larger ocean supply chain and more in the article by Patrick...
Mexico, steadily rising in rank to No. 12 among exporting nations, has eclipsed China and Canada to become the U.S.’s leading trade partner. Mexico is now the top U.S. trade partner, ranked by total value of import and export trade, according to Descartes...
