The North Korean regime continues to amass missile and nuclear technologies, through a combination of global licit and illicit transactions. North Korea trades for currency, for fuel, and for military materiel to preserve its power. Will expanded sanctions choke off revenue for weapons programs, or will continued trade ties with China throw North Korea a lifeline?
Trade agreements offer a variety of benefits, most notably tariff cuts – but only to goods that qualify. Rules of origin serve that gatekeeper function, aiming to ensure that the benefits of trade agreements go to the goods of the parties.
Most products today are the result of creative, physical, and intellectual efforts by people in different roles across the globe—they are designed in one country, their materials are procured in another, their components may be made and assembled somewhere else. Their “Made in…” labels only tell us the country where that product last underwent some significant change or “substantial transformation”. That’s just a snapshot of one stop on their journey
Americans spent 8 billion hours in 2015 sitting in traffic. Our individual productivity takes a hit, but so does the productivity of our businesses and the overall economy. In the same way, bottlenecks clearing products through customs at international borders can waste time and money and even disrupt business plans and supplier relationships.
Every minute and hour count in the aftermath of life-threatening emergencies such as large scale natural disasters. Behind the scenes, private donors and relief organizations work to navigate customs requirements and procedures at the borders of countries struck by disaster. But customs bottlenecks are among the most common obstacles cited by the humanitarian community to delivering aid quickly.
North America’s global competitive advantage depends in large measure on maintaining a strong foundation of workforce talent. But employers with North American manufacturing and supply chains are concerned about labor market shortfalls, particularly for frontline jobs in advanced manufacturing and logistics.
Robots are not in every case displacing jobs, but automation is certainly changing the types of jobs available and the skills needed to fill them. Explore this robot map produced by the Brookings Institute to see where the robots are on the move.
At the end of his four-year apprenticeship, Allen Miller will hold a journeyman’s license in industrial maintenance, an associate’s degree from nearby Germanna Community College, and a certificate in “asphalt technology” issued by the Virginia Asphalt Association. He might be the model for the kind of worker the U.S. economy needs more of to succeed.