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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 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.
Previous TradeWatch and TradeFlash editions
TradeFlash June, 2024
TradeWatch 1, 2024
TradeFlash Feb, 2024
TradeWatch 3, 2023
TradeFlash Oct 2023
TradeWatch 2, 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
Why the shadow economy persists and how governments are responding
An EY study on the shadow economy finds this major contributor to the tax gap is contracting in most countries but still remains a significant problem.
05 Mar 2025
EY Global
How life sciences firms can adapt to trade policies
In this webcast, panelists discuss the impacts of President Trump’s trade agenda on the supply chains of life sciences companies. Learn more.
28 Feb 2025 | your local time
How to future-proof the global trade function
Master global trade complexities with strategies for integration, technology and ESG alignment. Discover how tax leaders can future-proof trade functions.
28 Feb 2025
EY Global
Adapting trade and supply chain strategy (Asia Pacific)
This webcast discusses about current trade policy and tariffs, and their implications for companies' global trade operations. Learn more.
25 Feb 2025 | your local time
How tax and trade leaders can prepare for global tariff disruption
Explore how new US tariffs reshape trade, driving tax leaders to adapt. Understand steps to build resilience and seize emerging opportunities.
17 Feb 2025
EY Global
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
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
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
International trade gender gap
his EY podcast talks about why the international trade gender gap needs to close faster and some of the leading practice being deployed. Learn more.
31 Jul 2023
47m 13s
How disruption can shape opportunities for global trade
In the face of continued geopolitical uncertainty, indirect tax and trade functions have an opportunity to show their real value. Find out more.
19 Jun 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
Why the gender gap in international trade needs to close faster
Some gender gaps are closing, but the pace of progress is too slow in trade. Reformers in government and business can show the way. Learn more.
16 May 2023
Sally Jones
How to navigate global sustainability compliance challenges
Staying ahead of ESG regulations on a global scale can be a challenge but, businesses cannot risk falling behind on supply chain policies. Learn more.
04 May 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
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
Claiming preferential treatment in a post-Brexit trade environment
In this webcast, panelists will discuss insights on risk and leading practices for claiming preferential treatment in a post-Brexit trade environment.
20 Sept 2022 | your local time
How integrating tax and trade can improve supply chain performance
Amid myriad disruptions, a data-driven model helps integrate supply chain, tax, and trade to improve global supply chain performance. Read more.
18 Aug 2022
Marc Bunch
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
The team
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