USMCA Trade Deal Needs Stronger Enforcement NEMA Says

USMCA Trade Deal Needs Stronger Enforcement NEMA Says

The National Electrical Manufacturers Association (NEMA) is urging the United States Trade Representative (USTR) to promptly review and update the USMCA agreement. NEMA emphasizes the importance of strengthening enforcement and enhancing the predictability of the agreement to ensure a level playing field for the U.S. electrical manufacturing sector. They believe that robust enforcement will foster investment and job creation within the industry. NEMA's call underscores the need for a modernized USMCA that effectively addresses trade barriers and promotes fair competition.

Chinaus Trade Deal Offers Opportunities for Export Firms in Kuala Lumpur

Chinaus Trade Deal Offers Opportunities for Export Firms in Kuala Lumpur

The 2025 Sino-US Kuala Lumpur Agreement brings benefits to the exhibition trade industry, including tariff reductions and relaxed technology restrictions. Companies should seize this opportunity to adjust product strategies and actively participate in professional exhibitions in Europe and the United States. At the same time, they should pay attention to potential risks and formulate countermeasures to enhance competitiveness. This agreement presents a significant policy opportunity for businesses involved in exhibition trade and offers potential for increased growth and expansion in international markets.

Modern Ports Boost Global Supply Chain Resilience

Modern Ports Boost Global Supply Chain Resilience

This article highlights the importance of modernized ports in ensuring the resilience of the U.S. economic supply chain. It discusses a recent crisis triggered by union strikes and calls for investments in automation and technology to enhance port efficiency, safeguarding national security and competitiveness.

08/06/2025 Logistics
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US and Japan Strike 550B Trade Deal to Boost Economic Ties

US and Japan Strike 550B Trade Deal to Boost Economic Ties

The Trump administration announced a trade deal with Japan, featuring a 15% US tariff on Japanese imports and Japan's commitment to $550 billion in US investments. The agreement aims to balance trade relations, promote job growth, and reshape the US-Japan economic relationship. Japanese stock markets reacted positively, but the long-term impact of the agreement remains to be seen. This deal is expected to influence future trade negotiations and potentially impact global supply chains. Further analysis is needed to fully understand the implications.

Malaysia Customs Adopts Wcos Clikc Platform for Elearning

Malaysia Customs Adopts Wcos Clikc Platform for Elearning

Malaysian Customs has signed an agreement with the World Customs Organization (WCO) to introduce the CLiKC! e-learning platform. This initiative aims to enhance the professional knowledge and skills of customs officers, improve work efficiency, and promote trade facilitation. The agreement allows Malaysian Customs to install WCO e-learning courses on its servers, providing its officers with a flexible and personalized learning experience to address the increasingly complex international trade environment. This will contribute to a more competent and effective customs administration in Malaysia.

US Dockworkers Maritime Alliance Agree on Sixyear Labor Deal

US Dockworkers Maritime Alliance Agree on Sixyear Labor Deal

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative six-year agreement, aiming to ensure labor stability at East Coast and Gulf Coast ports. A key focus is balancing automation advancement with workers' rights, averting potential strike disruptions. The agreement's ratification and implementation will significantly impact the supply chain. Continued collaboration between the ILA and USMX is crucial for achieving mutual benefits and fostering a stable and efficient port environment. This agreement is a significant step towards ensuring supply chain resilience.

11/03/2025 Logistics
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WCO Workshop Enhances Panama Customs Valuation Practices

WCO Workshop Enhances Panama Customs Valuation Practices

With the support of the China Customs Cooperation Fund, the World Customs Organization (WCO) held a virtual workshop on customs valuation for Panama Customs, aiming to enhance its capacity to implement the WTO Agreement on Customs Valuation. The workshop covered key concepts, latest developments, and post-clearance audit applications of the Agreement. Through a combination of theory and practice, it improved participants' skills in document review, customs clearance, and risk management. The WCO will continue to deepen cooperation to support global customs capacity building and promote trade prosperity.