Global trade

Trade forms the backbone of the world’s economies, spurring investment, job creation, economic growth, and raising standards of living.



Tariff report

In preparation for the new Republican administration, businesses should understand their potential exposure and consider certain short-term, actions to mitigate the impact of the President-elect’s tariff agenda. This will lay a foundation to respond to likely retaliatory actions from the US’s trading partners.

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EY Global Trade Updates

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TradeFlash October 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 include an article on the possible impact of the forthcoming United States presidential election on global trade issues, as the US plays a pivotal role in shaping international trade dynamics.

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Tradewatch 2024 global Insight

TradeWatch Global Insights

The Global Insights section of our latest TradeWatch publication covers a wide range of trade topics and developments from around the world. On the agenda of this Issue 2, 2024: 

  • Effective outsourcing for global trade functions: strategies and considerations
  • The journey to digitalization
  • Transfer pricing and customs valuation: a conflict for eternity? 

Download Global Insights chapter 

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TradeWatch Americas Insights 

Under our Americas chapter, focus is on:

  • Brazil: new import process set to go live
  • Colombia: recent amendments to customs regime
  • Mexico: the Istmo de Tehuantepec Interoceanic Corridor Initiative
  • US: Navigating statute of limitations waivers

Download Americas chapter

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TradeWatch Asia-Pacific Insights

The Asia-Pacific chapter focuses on the following key issue:

  • China: recent developments related to imports and international trade

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TradeWatch EMEIA Insights

Under the EMEIA chapter, authors focus on:

  • EU: 2024 update of the compendium on customs valuation released
  • EU: how recent and pending court rulings affect post-clearance price adjustments on customs valuation
  • United Arab Emirates: boosting trade through Comprehensive Economic Partnership Agreements

Download EMEIA chapter

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Row of young trees along the road between the grain fields.

Sustainability

In this edition of TradeWatch, we highlight some key sustainability topics and issues impacting the trade function, including:

  • European Parliament approves legislation to ban forced labor products
  • New EU Supply Chain Due Diligence Directive
  • As EU CBAM reporting progresses to actual emissions data, what should companies do next?

Download Sustainability and ESG chapter

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Previous TradeWatch and TradeFlash editions

TradeFlash June, 2024

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TradeWatch 1, 2024

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TradeFlash Feb, 2024

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TradeWatch 3, 2023

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TradeFlash Oct 2023

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TradeWatch 2, 2023

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TradeConnect

How can you spend less time on tactical/transactional activities and more on strategic and focused activities that create value? One way is to turn to EY Trade Connect — a modular technology platform that links EY clients to a broad spectrum of managed services that can adapt and evolve with the changing needs of the business.

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