On January 19, 2022, the European Union and 26 partner countries announced a new Coalition of Trade Ministers on Climate during the World Economic Forum’s annual meeting in Davos, Switzerland. COALITION OF TRADE MINISTERS ON CLIMATE The coalition seeks to encourage global actions and policies that benefit the environment. It [...]
The second annual deputies meeting for United States-Mexico-Canada Agreement (USMCA) was attended by officials from the U.S., Mexico, and Canada to discuss competitiveness, forced labor, and environmental issues as well as review and provide oversight for the ongoing work by USMCA/CUSMA/T-MEC committees to implement the Agreement. FORCED LABOR PREVENTION [...]
FOCUS ON SERVICE “The entire Union Pacific team recognizes that 2022 did not meet expectations,” Union Pacific (UP) CEO Lance Fritz said during the company’s recent fourth-quarter earnings call. The lengthy labor negotiations in 2022 strained UP’s workforce leading to customer service issues. For example, UP's Intermodal trains fell [...]
Union Pacific (UP) experienced a mainline service disruption on Jan 24th. The disruption occurred near Santa Rosa, NM leading UP to temporarily suspend service between the ports of LA/Long Beach and Council Bluffs, Kansas City, Chicago (Global 4), and Chicago (Ohio Valley) until further notice. SERVICE DISRUPTION IMPACTS UP [...]
FOUR-YEAR SECTION 301 RESULTS Green Worldwide previously reported that the United States Trade Representative requested public comment on the effectiveness of Section 301 tariffs on Chinese imports. The review period closed on January 17, 2023, and nearly 1,500 comments were submitted by several companies, as well as trade groups [...]
United States (US) and European Union (EU) officials met this week to negotiate a new Tariff Rate Quota Agreement (TRQ) in the aftermath of the United Kingdom's (UK) 2021 exit from the EU. A portion of the UK's agricultural export quotas has been reallocated to the US, increasing the [...]
Under the U.S.-Mexico-Canada Agreement (USMCA) trading partners may qualify for zero tariffs on cars and trucks if 75 to 80 percent of their component parts are manufactured in Canada, Mexico, or the United States. The USMCA, signed in 2018 to replace the North American Free Trade Agreement (NAFTA), provides rules [...]
The United States and Japan will launch a task force to promote human rights and international labor standards in the supply chain. Signed on January 6 by United States Trade Representative's Katherine Tai and Japan's Minister for Economy, Trade, and Industry Nishimura Yasutoshi, the Memorandum of Cooperation provides the US [...]
The INFORM Consumers Act and the STURDY Act were included in the over 4,000-page omnibus appropriations bill for Fiscal Year 2023 (FY23) which was approved by Congress and signed into law by President Joe Biden last week. Both of these acts were included to provide consumer protections. INFORM CONSUMERS ACT [...]
As previously reported by Green, the CBP is launching a new requirement within CBP’s Automated Commercial Environment (ACE). The new requirement will be called “UFLPA Region Alert” under which the “postal code” will become a “required field” when “Country of Origin is China for Entry and for Manufacturer Identification Code [...]
