by Julia Pietila With cities being painted scarlet red and lanterns among paper dragons soon to be roaming the streets, Chinese New Year is a celebration not to be missed. The Spring festival, called “chunjie” in China, marks the end of the coldest days. This wintry celebration gives way to new beginnings and the dawn… Read More Happy Chinese New Year!
What are Incoterms®? Created by the International Chamber of Commerce (ICC), Incoterms® 2020 help to determine the responsibilities of buyers and sellers for the delivery of goods under sales contracts in international trade. Having a common set of easy to follow rules prevents misunderstandings between traders in different countries. There are three things that Incoterms®… Read More The Basics of Incoterms® 2020
By: Mackenzie Babb After World War I began in 1914, the United States government decided to enact a law that would prohibit trading or exportation of products of any kind with deemed combatant countries. The Trading with the Enemy Act (TWEA) was declared law in 1917 a year before the end of the war. This… Read More Building an Understanding of U.S. Export Controls
By: Mackenzie Babb On July 1st, 2020 a new trade agreement between the United States, Mexico and Canada came into force with ambitions of advancing and mutually benefitting each country’s economy. What’s known as the USMCA (United States, Mexico, Canada Agreement) is the revolutionized North American Free Trade Agreement (NAFTA) with entirely new chapters and… Read More Key Differences Between USMCA & NAFTA – What You Need to Know
By Lauren Brahm Chinese culture can be hard to navigate if you’re an American traveling there for the first time because of how different their culture is from ours. You can go on many different websites trying to find all the tips and tricks on what the culture is like, how to travel, the best… Read More China – A Study Abroad Experience Interview
By Benjamin David | 4/6/2020 It might be an understatement to call March of 2020 “unprecedented”. More than 1/3 of the planet’s population is currently under a restriction of some sort, and cases of individuals infected with the novel Coronavirus has surpassed 1 million worldwide. With nations everywhere in different states of quarantine, it is… Read More NAVIGATING GLOBAL TRADE IN A WORLD ON LOCKDOWN
by Benjamin David As technology and infrastructure improve, and public opinion changes, electric vehicles are expected to overtake gasoline cars by 2040. This shift to a completely new power system has already left some companies reeling, and will likely distinguish which brands can adapt and thrive in the changing world, and which will be left… Read More Nostalgic Brands with an Electrifying Twist
Quote of the Week: “Hey Britain. Heard you just became single. Welcome to the club, wishing you the best with the divorce settlement.” – A line out of Brad Pitt’s BAFTA acceptance speech addressing Britain’s final exit from the European Union on January 31, 2020. Talk about a lengthy breakup. Let’s cut to the chase The Coronavirus.… Read More Global Trade by the Minute: February 2020 Edition
By: Savannah Klein Quote of the Week “‘Facebook wants to perform brain surgery.’ I don’t want to see the congressional hearings on that one.” – Mark Zuckerberg on Facebook’s acquisition of CTRL-labs, a startup that is aiming to find ways that people can communicate with computers using brain signals. Happy October! Here’s something really spooky. The World… Read More Global Trade by the Minute: October Edition
By Mackenzie Babb In 2018, U.S. goods and services trade with Canada totaled an estimated USD $714.1 billion. Today, Canada is the United States’ top trading partner in the world, largely due to proximity and the ease of transportation of goods, so any changes made to the system of trade by either country can be expected… Read More Will Canada be the Next Game Changer for Infrastructure & International Trade?