Companies in diverse sectors, including consumer electronics, automobiles and automotive parts, pharmaceuticals, and apparel are warning they are mere weeks away from running out of production-critical supplies as Chinese factories shut down and cross-border commerce...
Approved by Congress and signed by President Trump on January 29, the U.S.-Mexico-Canada Agreement is one big step closer to entering into force. Mexico was first to ratify the trade pact on June 19, 2019. Canada’s House of Commons will be taking up the USMCA this...
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...
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...
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...
As the impact of shifting trade policy on the electronics sector remains to be fully seen, Descartes Datamyne has released it’s quarterly commodity report that contains detailed import and export data that shows the early effect of tariff changes. In the first half of...
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,...
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...
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...
