Fed Keeps Rates Unchanged Amid Trade Uncertainty

Fed Keeps Rates Unchanged Amid Trade Uncertainty

The Federal Reserve has paused interest rate hikes again, keeping the federal funds rate unchanged, mainly due to economic uncertainty. Ongoing trade friction exacerbates supply chain risks and poses challenges to inflation control. The future direction of interest rate policy depends on factors such as inflation data and trade policies. The US economy continues to face uncertainty.

Latin America Streamlines Customs Rulings to Boost Trade

Latin America Streamlines Customs Rulings to Boost Trade

Nineteen Latin American countries gathered to discuss the optimization and implementation of the Customs Advance Ruling (AR) mechanism. The seminar aimed to foster regional cooperation, share best practices, and refine relevant policies and regulations to build a more efficient, transparent, and predictable trade environment. This initiative helps businesses reduce trade risks, improve customs clearance efficiency, and optimize cost control, ultimately promoting economic development and global trade prosperity in the Latin American region.

Businesses Adapt to Trade Policy Shifts Tariff Challenges

Businesses Adapt to Trade Policy Shifts Tariff Challenges

Foley & Lardner partner Greg Husisian discusses key trade and tariff issues, advising companies to strengthen compliance and diversify their supply chains to navigate the complex international trade environment. He emphasizes the importance of understanding and adapting to evolving tariff policies and proactively mitigating risks related to trade fraud. Businesses should prioritize robust compliance programs and explore alternative sourcing options to minimize disruption and maintain competitiveness in the global market. Staying informed and agile is crucial for success in the face of increasing international trade complexity.