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
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?
Updated from original post on 1/2018 International Credit Reports Help Manage your Company’s Risk A Worldwide Credit Report also referred to as an international credit report, is a comprehensive investigation of a business located abroad. International credit reports provide a view into the investigated company’s financial status and may include information such as, payment history… Read More Worldwide Credit Reports: A Key Step in Your International Risk Assessment
Home to Southeast Asia’s second-largest economy, Thailand has become an important player in international business. Developed infrastructure, a free-market economy, and a growing GDP make Thailand a country of strong potential for U.S. businesses. In order to understand this potential, it is important that companies pay attention to current Thai business news, some of which… Read More Current Events: Thailand
By Savannah Klein Quote of the week: “The Federal Office for National Economic Supply has concluded coffee…is not essential for life” – The Swiss government has decided to end its stockpiling of emergency reserve coffee, much to the dismay of its drowsy citizens. What’s a Global Trade Blog without a Brexit Shout-Out? The story: As… Read More Global Trade by the Minute: May Edition
by Benjamin David As a center of innovative manufacturing, Germany is the world’s fifth largest economy, and the largest in Europe. Home to companies such as BASF, Volkswagen, Siemens, and T-Mobile, Germany is a top producer of advanced vehicle, chemical, electronic, and industrial technologies. Due to its historically stable, advanced economy and its central location… Read More Five Days, Six Trade Shows, One Hannover Messe
Guest post by: Paul Jarzombek – LR International Wondering what all the fuss is about regarding the U.S. trade war with China? Retailers still seem to have all sorts of Chinese products for sale and the U.S. is seeing record demand in the manufacturing sector as well as good overall economic performance. No big deal… Read More Trade Wars and Tariffs: A Bad Idea for the World’s Two Largest Economies
Saudi Arabia is a nation of fabulous wealth, powerful corporations, immense oil fields, and a strong devotion to Islam unparalleled by most other nations in the world. The business world of Saudi Arabia has cultural quirks and protocol peculiarities that might throw off unaccustomed travelers, not only those from the West, but also from other… Read More Business Etiquette in Saudi Arabia
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