Two Minutes in Trade

Beginning January 1, 2022, regulated entities must maintain records and provide disclosure on products containing bioengineered foods.  But is the USDA Agricultural Marketing Service really the one enforcing the requirement

The EU did not increase its retaliatory tariffs and will suspend them effective January 1, 2022. Listen to learn more on today’s Two Minutes In Trade.

The 3 Amigos meeting wore off quickly as the US announced doubled ADD/CVD rates on Canadian softwood lumber  listen for more info on today’s Two Minutes In Trade.

USICA has many provisions to help the US be more competitive and “other provisions”. The country of origin online act is one companies need to watch during the bill conference. Listen for more on today’s Two Minutes In Trade.

Olive prices might go down due to a WTO dispute settlement panel report although not in time for Thanksgiving. Listen and learn on today’s Two Minutes In Trade.

Carrot or a stick. To get cargo moving again we may need a stick - cargo dwell fees- or a carrot - vaccination incentives. Listen for more on today’s Two Minutes In Trade.

The US and EU are both moving provisions that would ban imports of goods derived from illegally deforested land that significantly increase importer tracking and certification requirements. Listen for more on today’s Two Minutes In Trade.

Now that the trade community has commented on Senator Cassidy’s discussion draft of the “ModAct-21” it has become evident that many view the bill as focusing on enforcement over facilitation.  Understanding the major pain points provides a peak into the debate and deliberation that lies ahead.

There is no one culprit in the supply chain backlog.  Many factors contribute and all of them are leading to inflation.  Listen for more on today's Two Minutes in Trade.  

FTAs don’t always play well together and if we are concerned with the US role in the Indo Pacific region -frameworks won’t do much. Let’s make our existing “kids” play together to compete as a global trade influencer.