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India’s Tariffs Could Dent Gains From California’s Bumper Almond Crop

California almond growers have reason to worry about access to one of their biggest export markets. The Indian government increased tariffs on U.S. shelled almonds by 20 percent and non-shelled almonds by 17 percent in June. The increased cost is forecasted to cause a five percent drop in U.S. almond exports to India, impacting the 6,800 almond growers in California, who are mostly small to medium-size, family-run enterprises.

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Global Trade in Cannabis Could Bloom, Boosting U.S. Hemp Production

CBD is popping up in all types of new products from infused food and drink, to dietary supplements, lotions, oils, cosmetics and even pet treats. Passage of the 2018 Farm Bill may open up new avenues for U.S. farmers looking to cash in on growing demand for hemp-derived products, like trendy CBD. But U.S. farmers will have some catching up to do to compete in the global cannabis market.

Ocean blue wave in ocean. Breaking wave for surfing in Bali

U.S. Business Prepares for Next Wave of Tariffs on 100% of Goods from China

U.S. businesses are preparing for another possible wave of tariffs while seeking product exclusions from existing tariffs on goods from China. Find out how the Trump administration is responding to these product exclusion requests, and keep track of the “tranches” or waves of tariffs announced or implemented by the administration using our graphic.

Slowdowns and Slumps: What Economists Are Saying About the Impact of Trump’s Tariffs

Economists can’t tell you how tariffs impact your own business, your job or your shopping cart. Nonetheless, as tariffs are set to go higher, we look at how economists are dialing the tariffs into their forecasts about growth for the U.S. and global economy.

Hard work in a quarry

Renewing Rare Earth Threats, China Digs Deep for Leverage in Trade War

China is stockpiling its rare earths production. Does China think the United States is trying to contain China’s economic expansion? Threatening to withhold rare earths exports could be China’s way of digging into this trade war with the United States.

Ensuring all legal customs rules are met

Is the Cargo Ship Sailing on New Tariffs?

There are rough waters ahead for shippers dealing with the tariff uncertainties. The prospect of tariff hikes is incentivizing companies to lock in better shipping prices now. But many retailers are competing just to find space for their goods on an ocean carrier, and the shipment surge has resulted in massive congestion at ports and warehouses.

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Keeping Up With U.S. Economic Sanctions

Economic sanctions are a controversial foreign policy tool used by governments to punish or curb a variety of unwanted behaviors such as human rights violations, terrorism and cybersecurity incursions. Here’s a closer look at how sanctions have been used, what form they take, and the U.S. process for enacting and administering them.

Iranian 10000 Rial Note With American One Dollar Bill

U.S. Dollar Provides the Muscle for Economic Sanctions

The United States has nearly 8,000 economic sanctions in place, and the list is growing. The muscle behind an array of U.S. financial sanctions derives from the reach and power of the U.S. dollar as the “lead currency” in the global economy.

Latin American teen

Child Labor Still a Scourge in Commonly Traded Goods

An estimated 152 million children in the world today are in child labor. Provisions on labor issues have proliferated in trade agreements since NAFTA was implemented. But child labor is a complex problem requiring complex and situational solutions. Only concerted action in local communities and throughout global supply chains will make widespread and demonstrable improvements to lives of the millions of children who are mainly not included in the scope of a trade agreement.

Empty cargo container

How Criminals Move Money Through Global Trade

As global trade grows and increases in complexity, trade-based money laundering has become the weakest link in anti-money laundering initiatives. Banks and government officials are strengthening international collaboration to crack down on criminals who hide and launder their dirty money in global trade transactions.