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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
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?
Previous TradeWatch and TradeFlash editions
TradeWatch 1, 2024
TradeFlash Feb, 2024
TradeWatch 3, 2023
TradeFlash Oct 2023
TradeWatch 2, 2023
TradeWatch 1, 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
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 Sep 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
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 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 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
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
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 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
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
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
Patricia Tay
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
Patricia Tay
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
How can Europe raise its game?
Foreign direct investment into Europe declined in 2018 – but a strengthened skills base and infrastructure, especially in digital, will keep it ahead of the game.
04 Jun 2019
Andy Baldwin
The team
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