It’s easy to take for granted our accessibility to products native to or manufactured in countries on the other side of the world. International trade makes it possible to enjoy a dinner of Kobe beef from Japan, tropical fruits from India and a bottle of wine from France, without having to wait days (or weeks) for all the ingredients to arrive. From the days of the Silk Road between Europe and Asia in the 1200s, international trade has facilitated the exchange of goods and services between nations. As transportation evolved to make doing business internationally more practical, the result has been a global economy where events in one county can impact product supplies, demand and prices in countries thousand of miles away. For consumers, global trade means more business competition, which (despite tariffs and other additional costs that do not apply to domestic trade) typically results in lower prices for the products they want to purchase. It also opens up more markets where countries can sell the goods that are more abundant within their borders. The Cycle of Global Trade Relationships International trade can, over time, change the nature of relationships between two countries. One familiar example is when a poorer nation provides labor and facilities to more developed trading partners, acquiring wealth that can then be channeled into greater domestic productivity. When that happens, it could eventually result in a reversal of roles, where the product importer becomes an exporter. One sees elements of this in the trade relationship between the U.S. and China.
Trump Administration Advances New Series of Tariffs Amid Global Trade Concerns
The Trump administration is advancing with a new series of tariffs that experts suggest could have a broad impact on… Read More
How Geopolitics is Shaping Global Trade in 2025
In 2025, geopolitics is deeply reshaping global trade wars, leading to both prospects and risks for all sizes of businesses…. Read More
Tesla Shares Rebound in Premarket Trading Amid Musk-Trump Tensions
Tesla’s stock saw a notable rise of 4.5% in premarket trading following a sharp decline on Thursday, which was triggered… Read More
Supply Chain Federation Statement on Federal Court Decision Blocking Presidential Tariffs
Amanda Blackwood, President and CEO of The Supply Chain Federation, the leading national advocacy group working to secure and strengthen… Read More
Trade Credit Insurance Market Set to Surpass USD 23.9 Billion by 2032: A Strategic Shield in a Volatile Global Economy
In today’s unpredictable economic environment, businesses are increasingly seeking tools to manage financial risk, especially when it comes to extending… Read More
Temu Faces 58% Decline in Daily U.S. Users Amid Trade Tensions
In a recent development, daily U.S. users of PDD Holdings’ global discount e-commerce platform, Temu, experienced a 58% decline in… Read More
The Future of Trump’s Tariffs: What Lies Ahead?
The future of President Donald Trump’s tariffs remains uncertain, but it is likely that his import taxes will persist in… Read More
Future-Proofing Your Global E-commerce Business: Tax Compliance in a Changing Regulatory Landscape
When selling online, you must manage many tasks, from finding the right products to providing excellent customer service. Tax compliance… Read More
South Korea’s Shifting Trade Dynamics with the U.S.
South Korea’s trade dynamics with the United States are poised for a shift as the nation continues to channel investments… Read More
Container Shipping Sees $9.9B Q1 Profit as Red Sea Disruptions Ease, But Momentum Slows
The container shipping industry posted a net profit of $9.9 billion in the first quarter of 2025—a notable dip from… Read More
Managing the Trump Tariffs: Lower the Cost in Manufacturing & Distribution: The Benefits of Foreign Trade Zones
The Trump administration’s tariffs have caused a high degree of angst, chaos, disruption and uncertainty in global trade. Executive orders… Read More
The Microfactory Revolution: What It Means When Manufacturing Moves Into Neighborhoods
Microfactories are compact production units that handle design, assembly, and packaging under one roof. These small-scale facilities are now appearing… Read More
« Previous 1 2 3 4 … 301 Next »
