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Global trade
Trade forms the backbone of the world’s economies, spurring investment, job creation, economic growth, and raising standards of living.
Global trade is being increasingly disrupted as tariff tensions, political unpredictability, protectionist policies and regulatory uncertainty challenge established business models and trade relationships.
The resulting inefficiencies were challenging when the trade environment was stable. But in our increasingly volatile times with COVID-19, Brexit as well as trade and political tensions at both local and global levels, the stakes are far higher.
Now should be a breakthrough era for international trade, as technological advances are making new forms of business possible, built on a foundation of data and insight. EY professionals can help you build an integrated approach by:
- Shaping responses to changing global tariffs and trading relationships
- Reducing cost, risk and delays from your trade network
- Driving better insights through data
- Reimagining your supply chain operating model
- Leveraging technologies
EY Global Trade Updates
TradeFlash June 2024
Welcome to the newest edition of the TradeFlash newsletter, a roundup of the latest developments in global trade around the world.
In this issue, we provide links to EY articles and webcasts covering key trade topics, many of them focused on the impact of sustainability and data challenges on international trade. We also provide links to our articles such as How can boards convert sustainability from a wish to a winning reality? and How the government can accelerate better trade in Australia.
Previous TradeWatch and TradeFlash editions
TradeWatch 3, 2023
TradeWatch 2, 2023
TradeWatch 1, 2023
TradeFlash Feb, 2024
TradeFlash Oct 2023
TradeFlash Feb, 2023
How EY can help
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Our indirect tax and global trade team can help your business strategically meet its tax obligations and resolve tax controversy. Find out more.
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Our excise tax professionals can help your business reduce its risk, enhance compliance and build a unified tax strategy. Find out more.
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Our indirect tax compliance service professionals can help you meet your compliance obligations and business goals around the world. Find out how.
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The Geostrategic Business Group can help translate geopolitical insights into business strategy to help manage political risk. Find out how.
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Our Corporate, Commercial and SME (CCSB) Banking services team can help your business navigate through rising market expectation. Learn more.
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Our flexible EY Trade Connect technology platform can help your business view its trade operations with clarity and act with precision. Learn more.
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Our latest thinking
How trade functions are transforming the ‘new normal’
A new perspective on recalibrating, refocusing and re-establishing companies’ interest in their global trade function. Read more.
11 Sep 2023
Lynlee Brown
How tax departments should prepare for CBAM
Tax functions need to plan for the challenges CBAM will create and identify the potential opportunities it offers. Read more.
08 Aug 2023
EY Global
How three global trends are shaping indirect tax
Indirect tax leaders need to comply and spot the opportunities in the megatrends affecting indirect tax policies and international trade. Find out more.
19 Jun 2023
Kevin MacAuley
How sustainability is shaping global indirect tax
Indirect tax leaders need to not only comply but spot the opportunities in the ever-evolving group of sustainability taxes and incentives. Find out more.
19 Jun 2023
EY Global
How to prepare for upcoming combined royalty changes
CFOs and tax functions may be inclined to treat customs issues as peripheral to their critical workload, but they must pay attention. Learn more.
13 Apr 2023
EY Global
Case study: How geopolitical insights build resiliency
EY teams helped a financial services firm analyze the financial consequences of regional political tensions. Learn more in this case study.
30 Jan 2023
Courtney Rickert McCaffrey
Omnishoring: Recent trends in supply chain, tax and global trade
In this webcast, panelists discuss the recent trends and developments in supply chain, resilience, tax and global trade. Learn more.
13 Dec 2022 | your local time
How unilateral digital services taxes put global tax reforms in motion
This episode of Tax and Law in Focus explores how the proliferation of DSTs has helped fast-track BEPS 2.0, triggering the biggest shake-up in international taxation for decades. Listen here.
26 Jan 2022
33m 15s
The US Congress passes infrastructure program: What this means for European investors
In this webcast, panelists discuss the key highlights of the Infrastructure Investment & Jobs Act (IIJA) and its anticipated impact. Learn more.
25 Jan 2022 | your local time
How multi-hub models help operations and cut tax risk
Adopting multi-hub models can help businesses manage changing tax landscape and supply chain pressures. Read more.
22 Sep 2021
Jay Camillo
Join national journalist Justine Greene as she interviews EY and industry leaders, exploring together the critical issues impacting the global trade ecosystem.
01 Sep 2021
How the EU aims to enforce sustainability goals beyond its borders
The EU’s Carbon Border Adjustment Mechanism (CBAM) could have a major impact on global trade.
28 May 2021
EY Global
Three indirect tax topics vital for global businesses
In this webcast, panelists will explore three areas vital for global businesses - sustainability taxation, global trade and major VAT changes. Learn more
30 Mar 2021 | your local time
How digital transformation is redesigning trade finance
Banks that adopt an agile, design-based approach to digital transformation can boost the success of their trade finance functions.
30 Oct 2020
Andrew Gilder
Key fiscal and tax incentives in ASEAN and India
In this webcast, panelists discuss the fiscal and tax incentives, as well as location aspects, of investing in ASEAN and India. Learn more.
08 Sep 2020 | your local time
How technology is reducing trade finance risk and compliance costs
EY’s Trade Risk Analytics Compliance Kit helps global banks to combine analytics with risk management to increase automation.
29 Jul 2020
Andrew Gilder
How the EU can lead the way to sustainable recovery, beyond COVID-19
Policymakers and economic stakeholders have the opportunity to reimagine Europe’s future by making the right choices now.
16 Jul 2020
Tristan Dhondt
How foreign investment in Europe, by Europe, can drive economic recovery
To remain attractive, Europe must put collaboration at its heart and simultaneously embrace digital, innovation and sustainability.
08 Jun 2020
Julie Teigland
How can Europe reset the investment agenda now to rebuild its future?
COVID-19 has slowed foreign investment in Europe, but there’s still cause for optimism, according to EY’s latest Attractiveness survey.
28 May 2020
Julie Teigland
How can the EU Green Deal redefine sustainable growth globally?
The circular economy will help the EU boost its competitiveness and change the world for better.
13 Jan 2020
EY Global
The team
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