The UK released its public negotiating objectives for a post-Brexit free trade agreement with the United States, but Invest Northern Ireland isn’t waiting on a deal to start taking advantage of stronger trade and investment relations for Belfast and Northern Ireland.
Trade in live animals is listed in Chapter 1 of the Harmonized Tariff Schedule. Livestock trade (from bees to goat farming) provides extra income and improves nutrition in developing countries.
The WTO Government Procurement Agreement (GPA) covers $1.7 trillion in global government procurement trade across 48 countries, including the United States. But the Trump Administration may pull out of the GPA to support “Buy American” – a move that will come with unintended consequences for U.S. businesses.
Special 301 rules direct the Office of the U.S. Trade Representative (USTR) to identify foreign countries that don’t do enough to protect intellectual property rights. Involvement from the private sector is also critical to prevent intellectual property theft.
Harley-Davidson wants to grow international sales of its iconic motorcycles. But tariffs have thrown a monkey-wrench into those plans. Tariffs on Harley-Davidson bikes are a sticking point in U.S.-India trade relations.
Dating back thousands of years, Traditional Chinese Medicine (TCM) is now an economic driver for China. But as TCM is traded globally in the modern age, the industry will need to find a balanced approach to quality, safety, and the sustainability of precious resources. Dig into the ethics surrounding TCM trade.
As more people grow concerned about where their products come from, how they are sourced, and the processes used to make them, demand for sustainable products could begin to reshape global trade.
Modern day slavery is more common than you might think. Trafficking in humans is the worst form of illicit trade. Wherever the debate comes out on how to use trade agreements and policies to promote human rights, free trade must begin with free.
China’s Belt and Road Initiative is laying the groundwork for new trade routes with infrastructure investments that span 138 countries. If successful, BRI means all roads will lead back to Beijing. Read the basics about BRI – and what questions remain.
The fundamental goal of any trade agreement is to promote and undergird government adherence to rule of law, which in turn enables private economic activity to thrive. When coupled with commitments to market access, individuals and companies are free to do business anywhere in the world.