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


Navigating a new trade landscape

In this short feature interview, Graham Reid, Head of Tax at EY Ireland, explores the evolving US trade policy landscape and its global implications. In interview with Evan Giesemann, EY US Trade Policy Lead and Colin Doolin, EY Ireland Partner, Indirect Tax - Global Trade, they discuss the U.S. trade agenda, its impact on Irish multinationals, and how businesses can prepare for potential EU trade measures.


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.

Low angle view of the White House, Washington DC, USA

EY Global Trade Updates

Aerial view of blue ocean

TradeFlash February 2025

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. 

Download full report


Previous TradeWatch and TradeFlash editions

TradeWatch 2, 2024

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TradeWatch 1, 2024

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TradeFlash Oct, 2024

Download edition

TradeFlash June, 2024

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TradeFlash Feb, 2024

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TradeFlash Oct 2023

Download edition


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.

Our latest thinking

How can Ireland successfully adapt as the FDI landscape evolves?

International investors have identified policy areas for Ireland to focus on, including supporting high-tech industries and innovation. Find out how.

28 Jul 2024 Feargal de Freine +1

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 Sept 2023 Lynlee Brown

8 ways interest rates affect transfer pricing and how to adapt

There is a consensus among economists that higher interest rates will remain in the medium -term. Businesses need a strategy. Read more.

04 Sept 2023 Jay Camillo

Talent, Tech, Sustainability: How Ireland can secure next-generation FDI

Ireland punches above its weight in comparison to rest of Europe in attracting FDI. Find out how its attractiveness may improve over the next three years.

27 Jun 2023 Feargal de Freine

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

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