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US manufacturing grew again in February with exports growing faster

2 Mar

March 1, 2021 – The Institute of Supply Management (ISM) reported today that the nation’s manufacturing sector grew again in February, with the overall economy recording its ninth straight month of growth, according to supply executives in the latest Manufacturing ISM Report On Business. New export orders grew for the eighth consecutive month at a […]

New WTO handbook sheds light on the Technical Barriers to Trade Agreement

26 Feb

February 25, 2021 – A new WTO publication, launched on 22 February, provides an overview of the purpose and scope of the WTO Agreement on Technical Barriers to Trade (TBT Agreement), the types of measures it covers and its key principles. Prepared by the WTO Secretariat, this new edition in the “WTO Agreements” series aims […]

Midwest business confidence, manufacturing and exports expanded in January

19 Feb

February 18, 2021 – Creighton’s January monthly survey results for the Heartland followed the national manufacturing survey results. They indicate that the manufacturing sector has been expanding at a solid pace and that business confidence and new export orders rose significantly, according to Ernie Goss, PhD, director of Creighton University’s Economic Forecasting Group and the […]

Three things that could affect trucking this year

12 Feb

February 11, 2021 – According to Cargo Business News, “truckload freight volumes ended 2020 up 2% year over year but that doesn’t tell the whole story. Contract freight volumes were down 8% compared to 2019 while spot market volumes increased by more than 86%.” So what are the determinants that may affect trucking in 2021? […]

US manufacturing grew again in January with exports growing more slowly and imports growing faster

2 Feb

February 1, 2021 – The Institute of Supply Management (ISM) reported today that economic activity in the manufacturing sector grew again in January, with the overall economy gaining an eighth consecutive month of growth, says the latest ISM Manufacturing ISM Report On Business. While the ISM new export orders slid some in January to 54.9 […]

Spot truckload rates on the rise

29 Jan

January 29, 2021 – According to the January edition of Cargo Business News, trucking spot rates are persistently rising. The report claims that freight under contract has shrunk from the normal 80% to now 78%, while sport rates have climbed to 22% from the typical 19 or 20%. CBN claims that the hike in spot […]

Panama, Costa Rica pet food purchases increase 18%

19 Jan

January 19, 2021 – In a report issued yesterday by CentralAmericaData, companies in the Central American region imported $110 million in dog and cat food from January to June 2020, 18% more than the same period in 2019, a rise that is explained by the increase in purchases from the entire region. The US is […]

USTR Lighthizer asks President Elect Biden to maintain tariffs on China

12 Jan

January 12, 2021 – As reported in yesterday’s Wall Street Journal, US Trade Representative Robert Lighthizer urged the incoming Biden administration to maintain tariffs on China. “We transformed the way people think about trade, and we transformed the way the models are,” Mr. Lighthizer told the Journal in an interview published on Jan. 11. “My […]

US manufacturing grew again in December with exports and imports growing a bit more slowly

5 Jan

January 5, 2021 – According to the nation’s supply executives in the latest Institute of Supply Management (ISM) Report On Business, economic activity in the manufacturing sector grew in December, with the overall economy notching an eighth consecutive month of growth. ISM’s new export orders grew 57.5 percent in December, a slight decrease of a […]

Central American tractor purchases contract 28%

22 Dec

December 22, 2020 – As reported by CentralAmericaDATA: for the first six months of 2020, Central American countries spent $39 million on tractor imports, 28% less than what was reported for the same period in 2019, a drop that is largely explained by the purchasing behavior of Guatemala and Honduras. From January to June 2020, […]

Midwest manufacturing and exports rose sharply in November

9 Dec

December 9, 2020 – Creighton University’s monthly survey results mirrored the national manufacturing survey results indicating that the manufacturing sector has been expanding at a solid pace since sinking to a post-2008 recession low in April, according to Ernie Goss, PhD, director of Creighton’s Economic Forecasting Group and the Jack A. MacAllister Chair in Regional […]

US manufacturing advanced again in November with exports signaling faster growth

1 Dec

December 1, 2020 – Economic activity in the manufacturing sector grew again in November, with the overall economy notching a seventh consecutive month of growth, say the nation’s supply executives in today’s Institute of Supply Management (ISM) Report On Business. ISM’s New Export Orders Index soared to 57.8 percent in November, an increase of 2.1 […]

Costa Rican economy recovers slowly

17 Nov

November 17, 2020 – The Central Bank of Costa Rica (BCCR) is reporting that its economy is in the process of recovery, as a result of the process of reopening and gradual lifting of sanitary restrictions, which were imposed following the outbreak of covid-19. The BCCR report highlights that in the ninth month of the […]

US manufacturing, exports and imports continue to make gains in October

2 Nov

November 2, 2020 – Economic activity in the manufacturing sector grew higher in October, with the overall economy notching a sixth consecutive month of growth, reported the nation’s supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business. ISM’s New Export Orders Index climbed a notch to 55.7 in October, up […]

WTO official speaks out that world trade plays a key role in making the COVID-19 response more effective

16 Oct

October 15, 2020 – World Trade Organization (WTO) Deputy Director Frederick Agah (Nigeria) addressed heads of WTO member delegations on this week emphasizing “the importance of open and predictable markets to foster a strong and inclusive COVID-19 recovery for all countries.” In his remarks he highlighted the work done by the four deputy director generals […]

US manufacturing and exports forge ahead in September

1 Oct

October 1, 2020 – Economic activity in the manufacturing sector grew in September, with the overall economy notching a fifth consecutive month of growth, according to the latest Institute of Supply Management (ISM) Manufacturing Report On Business. Exports helped drive the economy forging ahead to 54.3 in September, from a 53.3 reading in August. “The […]

Egypt, Greece, Cyprus, Israel and others form 6-member Mediterranean gas group

26 Sep

September 25, 2020 -According to a report this week from Bloomberg News, Greece, Italy, Egypt, Israel and two other countries will form a permanent organization to promote co-operation over natural gas in the Eastern Mediterranean. Turkey, which has raised tensions by exploring for the fuel in contested waters, is not yet included. Energy ministers from […]

Launch of the Mekong-U.S. Partnership expands US engagement with the region

17 Sep

September 16, 2020 – The US, Cambodia, Lao PDR, Myanmar, Thailand, and Vietnam reaffirmed their long-standing relationship by launching the Mekong-US Partnership on September 11th. The US Department of State announced plans, working with the US Congress, to increase support for the autonomy, economic independence, good governance, and sustainable growth of Mekong partner countries, noting […]

US manufacturing, exports and imports making strides

2 Sep

September 1, 2020 – Economic activity in the manufacturing sector grew in August, with the overall economy notching a fourth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business today. New export orders moved up considerably reaching a 53.3 reading in August compared to 50.4 in July, […]

Panama readies for economic reopening

28 Aug

August 28, 2020 – CentralAmericaData reported today that following the implementation Panama’s reopening on September 7th, the construction industry and related activities (engineers, architects, project managers, contractors, moving and hauling services), the Panama Pacifico Special Economic Area, the Colon Free Zone and free zones, and private marinas will open for business. The plan to reopen […]

How Hurricane Laura and others affect truckload freight markets

27 Aug

August 26, 2020 – With monster Hurricane Laura, projected to become a category 4 hurricane, hits the Texas-Louisiana gulf coast tonight, and with undoubtedly more on the way during this active hurricane season, how is it affecting truckload freight markets? Freight typically follows a three-step pattern when a big storm is in the forecast, according […]

Panama Canal sees shipping transit recover

20 Aug

August 20, 2020 – Bloomberg is reporting that the Panama Canal is seeing signs of a rebound in global trade as ship transits recover from the depressed levels caused by the pandemic. Total transits through the waterway rose to 933 in July, from 845 in June, which was the fewest since the canal opened an […]

Cotton futures rise as China leads buying from the US

14 Aug

August 13, 2020 – Cotton futures climbed 2% earlier on Thursday, on track for their biggest daily rise in nearly two weeks, after weekly US data showed solid exports to China, while dry weather lent further support. Cotton contracts for December were up 0.97 cent, or 1.6%, at 63.17 cents per lb. at 1:22 p.m. […]

Central American companies buy increased amounts of plastics from Mexico

12 Aug

August 12, 2020 – According to a recent report from CentralAmericaData, Central American companies imported US$151 million in plastics from Mexico from January through April of this year. 60% of it was purchased by companies in Guatemala and El Salvador. This was an increase of 26% from the same period in 2019.While Guatemala was the […]

US Heartland exports still weak. Imports grow, yet business confidence high.

6 Aug

August 6, 2020 – Ernie Goss, PhD, Director of Creighton University’s Economic Forecasting Group and the Jack A. MacAllister Chair in Regional Economics in the Heider College of Business, reports that international trade numbers for a 9-state Heartland region were mixed in July with new export orders rising to a sluggish 47.9 from June’s 26.4 […]

US manufacturing sector grew in July. Exports and imports show some growth.

4 Aug

August 3, 2020 – According to the latest Institute of Supply Management (ISM) Report On Business, economic activity in the manufacturing sector grew in July with both exports and imports moving up. “If you listen to most US media, you would think our entire economy is in shambles,” said IBNewsmag publisher Fred Baehner. “But, with […]

US Senators urge the USTR to protect American food names abroad

1 Aug

July 31, 2020 – – Agricultural and food interests are praising a bipartisan Senate letter sent today to US Trade Representative (USTR) Robert Lighthizer and US Agriculture Secretary Sonny Perdue urging stronger international safeguards to protect US exporters using common food and wine terms. Senators. John Thune (R-SD), Debbie Stabenow (D-MI), Thom Tillis (R-NC) and […]

Containers are moving again

22 Jul

July 22, 2020 – According to a report from Hellenistic Shipping News Worldwide, “containers are moving again, but not quite on a pre-COVID-19 level. That can be seen on the container availability with higher levels of equipment availability across European ports. We all know that the COVID-19 crisis has far from been good for the […]

Kenya and US initiate free trade agreement talks

16 Jul

July 15, 2020 – Last week, US Trade Representative Robert Lighthizer and Kenya Cabinet Secretary for Industrialization, Trade, and Enterprise Development Betty Maina formally launched trade agreement negotiations between the United States and the Republic of Kenya. According to the report from the USTR office, “The two countries recognize that an agreement between them has […]

US manufacturing grew in June, exports and imports languish

2 Jul

July 2, 2020 – According to the latest Institute of Supply Management (ISM) Report On Business, economic activity in the manufacturing sector grew in June, with the overall economy notching a second month of growth after one month of contraction. “The June number signaled that manufacturing entered an expected expansion cycle after the disruption caused […]

Central American consumers on the move seeking to buy electronics, home and garden products online

25 Jun

June 25, 2020 – As reported by, consumers in Central American countries are looking for electronic devices online: “20% try to buy electronic devices such as cell phones, video game consoles or cameras, 17% home and garden items, and 10% vehicles. Panama leads the way with 35% attempting to purchase these items; followed by […]

Cargo volume declines of 20-30%% predicted at most US ports

24 Jun

June 23, 2020 – Seatrade Maritime News recently interviewed Chris Connor, President and CEO of the American Association of Port Authorities (AAPA), which represents ports all over the Americas. “Due to the pandemic, most big US ports will likely experience cargo volume declines of about 20% to 30%, while many smaller ones may experience much […]

German economy under a dark cloud from its April staggering hit

20 Jun

June 19, 2020 – As America’s largest European trading partner, the German economy is expected to shrink by nearly 10% in the second quarter as the coronavirus paralyses the country, leading research institutes warned in April as reported by the Courthouse News Service. “The corona pandemic is triggering a serious recession in Germany,” the six […]

As COVID-19 spikes, airlines issue additional safety policies

12 Jun

June 12, 2020 – United and Delta announce varying policies to safeguard passengers. United Airlines is the first major US airline to introduce a customer acknowledgment form with a checklist that includes the following: Face masks are required Have not been diagnosed with COVID-19 in the last 21 days. Have not experienced any of the […]

May US manufacturing and exports claw their way up from April’s dismal ranking

2 Jun

June 1, 2020 – The May manufacturing index registered 43.1 percent, up 1.6 percentage points from April’s 41.5 percent. This figure from the latest survey from the Institute of Supply Management (ISM) indicates expansion in the overall economy after April’s contraction. ISM’s New Export Orders Index rose to 39.5 percent in May, up 4.2 percentage […]

Air travel demand affecting air cargo capacity

14 May

May 14, 2020 – Air Cargo News reported earlier this week that the shift away from passenger air traffic has had an impact on air cargo. With the onslaught of the COVID-19 pandemic and passenger travel plummeting, a dramatic reduction in cargo capacity followed. “As more countries issued ‘stay-at-home’ measures, air cargo demand fell, but […]

Trucking freight to Canada is critical and remains open

8 May

May 8, 2020 – According to the University of Windsor’s The Conversation, while Canada and the US have agreed to restrict non-essential trips across their common border, it has remained open for the movement to freight in trucks. While the justification of banning crossings by “non-essential” people is open to question, the economic arguments for […]

Exports and imports contracted in April

3 May

May 3, 2020 – The Institute of Supply Management’s (ISM) latest survey revealed that April new export orders dropped to 35.3 from 46.6 in March – down 11.3% – the lowest reading since 2008. Its Import index gained a bit, rising to 42.7 in April, from 42.6 in March. Any number below 50.0 indicates a […]

Coronavirus threatens British pork exports to China as disruptive global supply chain problems escalate

16 Mar

March 16, 2020 – The Grocer magazine is reporting that Coronavirus is threatening to slow British pork production as severe disruptions to global shipping are exacerbating the problem causing many businesses to struggle finding containers for long-haul transportation. Perishable goods rely on refrigerated ‘reefer’ containers for long-haul transportation and disruptions at Chinese ports have created […]

Wuhan experience suggests hypertension is a major Covid-19 complication

10 Mar

March 9, 2020 – Bloomberg is reporting today that “patients with hypertension appear to be at a higher risk of dying from the coronavirus, said a top Chinese intensive care doctor who’s been treating critically ill patients since mid-January. While there’s been no published research yet explaining why, Chinese doctors working in Wuhan, the central […]

US manufacturing and exports continued growth in February while imports slid drastically.

2 Mar

March 2, 2020 – Economic activity in the manufacturing sector grew in February, and the overall economy grew for the 130th consecutive month, reported the nation’s supply executives in the latest Manufacturing Institute of Supply Management (ISM) Report On Business. Exports dipped slightly to 51.2 in January, down from December’s 53.3. Any reading above 50.0 […]

International Housewares Show braces for coronavirus

29 Feb

February 28, 2020 – Despite the threat of covid-19, the International Housewares Show (IHA), now called The Inspired Home Show, which draws some 1600 worldwide exhibitors at Chicago’s McCormick Place will take place March 14-15 as planned. The IHA is taking comprehensive precautions including the self-withdrawal of the seven Chinese pavilions. All foreign show attendees […]

US exporters warned of pending shortages of empty containers

21 Feb

February 20, 2020 – JOC Online is warning US exporters that with Chinese factories crippled for a third consecutive week and carrier announcements of more than 80 blank sailings in February and March, the shortage of empty containers beginning to surface in the US interior will intensify in the coming weeks. Stay in touch with […]

US manufacturing, exports and imports get a boost in January

4 Feb

February 3, 2020 – For the first time in six months, all three indices of the Institute of Supply Management’ (ISM) survey of the nation’s supply managers depicted growth led by manufacturing gains. ISM’s New Export Orders Index rose to a strong 53.3 percent in January, an increase of 6 percentage points compared to the […]

Canada’s conservative House of Commons could delay passing USMCA

25 Jan

January 24, 2020 – Reuters is reporting that Canada’s conservative-dominated legislature may not move as quickly on the USMCA passage as Prime Minster Trudeau is pressing. PM Trudeau on Tuesday urged legislators to quickly approve the new continental trade pact, but the main conservative opposition party said it wanted to study the deal, indicating the […]

Korea, Japan, China adopt ‘trilateral vision’ for next decade, including FTA

21 Jan

January 20, 2020 – Asia Today International, a sister publication of IBNewsmag, is reporting today that Chinese Premier Li Keqiang, Japanese Prime Minister Shinzo Abe, South Korea’s President Moon Jae-in, proclaimed that the three countries have adopted “a trilateral cooperation vision for the next decade”. They reconfirmed the importance of the trilateral cooperation developed over […]

US wheat exports flourished in December

13 Jan

January 13, 2020 – According to the latest report from the USDA Foreign Agricultural Service, US wheat prices went up during the month of December, buoyed by strong export sales to Turkey and the potential for trade to China, among others. Hard Red Winter (HRW) and Soft Red Winter (SRW) gained $14/ton and $6/ton respectively […]

New IMO 2020 regulations to help reduce vessel emissions

10 Jan

January 10, 2020 – C.H. Robinson’ Sri Laxmana recently reported on how the new International Maritime Organization (IMO) regulations, known as IMO 2020, calls for cutting emissions of Sulphur oxide (SOx) from ocean vessels to less than 0.50% m/m. This initiative, which went into effect on January 1, 2020, is slated to help reduce the […]

US manufacturing, exports and imports continue slumping in December

4 Jan

January 3, 2020 – US manufacturing, exports and imports all contracted in December, with the overall index registering 47.2 percent, a decrease of a 0.9 percentage point from the November reading of 48.1 percent. This marks nine straight months of softening or contraction in manufacturing. This according to the latest Institute of Supply Management (ISM) […]

Two piracy attempts in Singapore Strait today; five attacks in just four days.

24 Dec

December 23, 2019 – The Straits Times (Singapore) reported today that under the cover of darkness, pirates attacked two vessels separately in the Singapore Strait today, bringing the total number of such incidents to five in just four days. The latest attacks, which happened just after midnight and within two hours of each other, involved […]

Has the US effectively crippled the World Trade Organization (WTO)?

17 Dec

December 16, 2019 – Nearly buried in today’s Wall Street Journal front page article, “Trade Policy Breaks With the Past,” it reports that, ”the US on Wednesday effectively crippled the Geneva-based WTO trade court launched in 1995 to prevent the kinds of trade tactics Mr. Trump has deployed to coerce trading partners to the bargaining […]

UPS expands international express services to cover 140 countries

13 Dec

December 12, 2019 – According to a report from AJOT earlier this week, UPS has expanded its international suite of shipping services that guarantees time- and day-definite delivery for urgent shipments by 40 more countries. Its express services are now available to businesses across 140 countries and territories, reaching the top 20 countries by GDP […]

How to create a global marketing strategy for your small business

11 Dec

In this era of interconnectedness and technology, gaining a global audience for your business has become a completely feasible (and even necessary) strategy. An international market immediately skyrockets your exposure, which in itself can do more for your brand than personal outreach and word of mouth. Here are five tips on building an effective, global-facing […]

US manufacturing, exports and imports slid in November. Exports up in Mid-America.

3 Dec

December 3, 2019 – Economic activity in the manufacturing sector pulled back in November, including new export orders and imports, said the nation’s supply executives in the latest Institute of Supply Management (ISM) Manufacturing’s Report On Business. “Global trade remains the most significant cross-industry issue said Timothy Fiore, Chair of the ISM Manufacturing Business Survey […]

What does IMO 2020 pollution standards mean for international shipping?

2 Dec

December 2, 2019 – In a recent article authored by David McCullough and Nicholas Hillman, of the New York office of Eversheds Sutherland (US) LLP, “Effective January 1, 2020, Annex VI of MARPOL, which is the international treaty governing pollution on the high seas, will mandate a significant decrease in sulfur emissions from vessels—reducing the […]

Laredo, Texas airport housing both US and Mexican customs

22 Nov

November 21, 2019 – In an effort to streamline US exports to Mexico, the Federal Inspection Station at the Laredo International Airport began housing both US Customs and Border Patrol (CBP) and Mexican customs officials (Servicio de Administración Tributaria, or SAT), who jointly perform inspection checks on US exports within a single facility. With goods […]

Ag exports boost North Dakota economy

20 Nov

November 20, 2019 – According to the US Department of Commerce (USDC), several of North Dakota’s food commodities showed strong annual growth in 2018, including corn (93.1%), wheat (26.8%), rapeseed (canola) (62.7%), and soybean oilcakes (70.6%). Soybeans, already the top ag export for the state, also increased by 8% (to $62.4 million), with over $20 […]

Mid-American exports continue to drift. Imports also down.

12 Nov

November 12, 2019 – According to the most recent purchasing managers’ survey conducted by Creighton University, the Heartland regional trade numbers were very weak with both export orders and imports falling, but at a somewhat slower pace. The new export orders index increased to 44.7 from September’s 36.2, and the import index increased to 48.2 […]

October exports grew nationally. Imports contracted, while the overall economy continued steady growth

12 Nov

November 11, 2019 – In a surprise move, October exports took a sharp upward curve, rising above growth neural to a positive 50.4 from a dismal 41.0 in September, according to the latest Institute of Supply Management (ISM) Report on Business. “The October export index rose somewhat unexpectantly following three consecutive months of contraction,” said […]

US traders using NVOCCs for China freight must ensure re-registration

29 Oct

October 28, 2019 – According to a report from Supply Chain today, US Non-Vessel Owning Common Carriers (NVOCCs) need to re-register with the China Ministry of Transport (MOT) under China’s new registration system to ensure freight transport with China. It had been previously reported that MOT had dropped formal registration approval procedures and insurance (China […]

Multi-state trade summit to focus on global trade successes

28 Oct

October 27, 2019 – International traders from several states will convene on November 6 & 7 at the University of Missouri, Columbia, to hear from trade experts on how to expand exports based on actual case histories at the Mid-America Trade Summit. Attendees will hear about lessons learned from current and former successful exporters. Featured […]

EU steps on American cheesemakers again

25 Oct

October 24, 2019 – The Consortium for Common Food Names reports today, “That major dairy-producing organizations around the world are challenging the European Union’s (EU) decision to disregard market realities and international trade standards by granting Denmark sole ownership of the generic name “havarti” cheese in Europe. Photo courtesy of Pearl Valley Cheese With the […]

One possible take on Brexit

23 Oct

October 22, 2019 – One of our readers commented on Brexit. “We are down to the last nine days on Brexit. PM Boris Johnson did a smart thing when Parliament forced him to ask for another delay on Saturday. The forced request was unsigned, accompanied by a signed letter saying don’t grant the delay—echoing France’s […]

The US signs a free trade agreement with Japan that will greatly aid US growers

8 Oct

October 8, 2019 – The United States and Japan signed a trade agreement yesterday that would open up markets to 7 billion dollars worth of US agricultural goods, once it is approved by the US Congress. President Trump described the deal, dubbed the new US–Japan Trade Agreement, as a huge victory for both countries, especially […]

US exports, imports and manufacturing slid further in September

1 Oct

October 1, 2019 – New export orders slumped further in September, according to the latest Institute of Supply Management (ISM) Report on Business. September exports registered a 41.0 reading, down from August’s 43.3, while imports slowed to 48.1 in September, down from 46.0 in August. Manufacturing too, contracted in September registering 47.8 percent, a decrease […]

Midwest regional seminar: CE-Marking, EU Machinery & ROHS

25 Sep

September 24, 2019 – The Midwest International Trade Association (MITA) of Omaha will present a specialized morning seminar on October 17th in Omaha, NE on the subject of Machinery Directive 2006/42/EC and ROHS Directive 2011/65/EU compliance. Participants will be able to determine what type of machinery may follow the self-certification process of the Machinery directive, […]

OPIC and USAID combine to form a new international finance org

18 Sep

September 17, 2019 – The Overseas Private Investment Corporation (OPIC) and the US Agency for International Development (USAID)’s Development Credit Authority are forming a new consolidated agency to better serve the developing world with better private capital. The US International Development Finance Corporation (USDFC) is set to be launched on October 1, 2019, and will […]

Settling a worldwide battle for the Common Name – Mozzarella

11 Sep

September 11, 2019 – The Consortium for Common Food Names (CCFN), the US Dairy Export Council (USDEC) and the Consorzio Tutela Mozzarella di Bufala Campana (Italy) have signed an historic agreement that CCFN hopes will pave the way for a new dialogue on the protection of products of origin in the US and in global […]

Japan may have to dump contaminated Fukushima water into the Pacific

11 Sep

September 10, 2019 – Singapore’s Straits Times is reporting today that “Japan’s environment minister said today he saw ‘no choice’ but to discharge treated contaminated water from the wrecked Fukushima Daiichi nuclear power plant into the Pacific Ocean, as storage space is likely to run out by 2022.” Environment Minister Yoshiaki Harada, expected to be […]

The US is the 5th major economy to see manufacturing slump

6 Sep

September 5, 2019 – According to Markets Insider yesterday, global manufacturing has taken a heavy hit during the trade war. The US economy joined the UK, Germany, Japan, and South Korea in posting similar manufacturing declines amid a worrying slowdown in global growth. The latest US data came two days after Trump’s newest round of […]

US exports and imports slumped further in August

3 Sep

September 3, 2019 – New export orders dropped significantly in August, according to the latest Institute of Supply Management (ISM) Report on Business. August exports registered a 43.3 reading, down from July’s 48.1, and imports slowed to August’s 46.0 from 47.0 in July. “Respondents expressed slightly more concern about U.S.-China trade turbulence, but global trade […]

Trade wars continue to hurt US economy says Creighton’s Prof. Goss

21 Aug

August 20, 2029 – According to Creighton University’s Professor of Economics and national spokesperson on the international economy Professor Ernie Goss, “In opposition to sound economic theory and US equity markets, President Trump assumes his actions against Chinese imports will reduce the nation’s trade deficit and force some US companies producing in China to move […]

US announces plans to expand its partnership with Mongolia

9 Aug

August 8, 2019 – A somewhat overlooked announcement from the White House at the end of last month was the cooperative meeting between President Trump and Mongolia’s President Battulga proclaiming closer cooperation between the two democracies. In 2018, the United States had a $111 million trade surplus with Mongolia, reflecting the significant importance of the […]

Heartland international trade continues to fade

6 Aug

August 5, 2019 – Both new export orders and imports slumped deeper in July, according to the latest Heartland International Business Index compiled by Creighton University’s Professor Ernie Goss. Exports fell off to 44.7 in July from the June reading of 48.3, and imports slumped to 43. 8 from June’s 50.0. Any reading below 50.0 […]

While US manufacturing continued to grow, both exports and imports dropped in July

2 Aug

August 2, 2019- Despite the fact that both exports and imports slowed in July, “Economic activity in the manufacturing sector expanded in July, and the overall economy grew for the 123rd consecutive month,” said the nation’s supply executives in the latest Manufacturing ISM Report On Business. Other headlines from the ISM Report read, “New Orders, […]

Heartland international trade falls off in June

19 Jul

July 18, 2019 – Both new export orders and imports drifted down in June, according to the latest Heartland International Business Index compiled by Creighton University’s Professor Ernie Goss. Exports fell off to 48.3 in June from the May reading of 48.5, and imports slumped to 50.0. Any reading above 50.0 represents growth. “June’s import […]

Brazilian woman establishes international spouses group

16 Jul

July 16, 2019 – Gazelle magazine reports that Susan Gobbo is the founder and coordinator of the St. Louis International Spouses Meetup Group, created to embrace foreign-born women who move to the area due to their spouse’s job transfer or assignment by helping them settle down and easing their transition to new surroundings. She also […]

Manufacturing and exports grew at a slower pace in June

1 Jul

July 1, 2019 – Economic activity in the manufacturing sector and new export orders grew slower in June, while the overall economy grew for the 122nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. “Growth in manufacturing grew for the 34th consecutive month in June,” said Fred Baehner, […]

Sweeping changes proposed for Ex-Im Bank

21 Jun

June 21, 2019 – Tuesday night, the House Financial Services Committee Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) released a summary of their agreement for a seven-year reauthorization of the Ex-Im Bank (to be renamed the United States Export Finance Agency), with multiple additional provisions. The Committee is looking at a potential […]

Manufacturing and exports grew in May. Imports contracted.

5 Jun

June 4, 2019 – Economic activity in the US manufacturing sector and new export orders expanded in May, and the overall economy grew for the 121st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. Manufacturing expanded in May, as the PMI® registered 52.1 percent, a decrease of 0.7 […]

Growth eases in Asia as investment takes a hit

20 May

May 20, 2019 – A new research report from ANZ Bank says GDP growth slowed in the first quarter of 2019 in the six Asian economies – Indonesia, Malaysia, Singapore, Taiwan, South Korea, and the Philippines – that have released data so far. In aggregate, weaker growth primarily reflected a loss of momentum in exports, […]

China excludes essential food products from tariff increases

15 May

May 15, 2019 – While China announced on May 13 that it would increase tariffs ranging from 5 to 25 percent on 5,140 US products, worth about $60 billion, as retaliation for a recent US tariff hike, there were some noticeable exceptions, according to a news report today by Nicole Hao in the Epoch Times. […]

Mid-America exports and imports up, overall economy strong

8 May

May 7, 2019 – The April Creighton University Mid-America Business Conditions Index, a leading economic indicator for a nine-state region, receded to a still solid reading signaling positive growth for the region over the next three to six months, according to Ernie Goss, PhD, director of Creighton University’s Economic Forecasting Group and the Jack A. […]

Trump’s latest threat to raise imported tariffs from China

7 May

May 6, 2019 – According to yesterday’s news report from USA TODAY, the president proposed “implementing a 25% tax on another $325 billion in goods from China that currently “remain untaxed.” He did not specify what goods would be hit or when that tax would be imposed, aside from “shortly,” Trump said Sunday the negotiations […]

April manufacturing expanded, exports and imports contracted

2 May

May 2, 2019 – Economic activity in the manufacturing sector expanded in April, and the overall US economy grew for the 120th consecutive month, but both new export orders and imports contracted say the nation’s supply executives in the latest Manufacturing ISM Report On Business. Manufacturing itself expanded in April, as the ISM Purchasing Managers […]

Mexico ascends to become USA’s leading trade partner

1 May

April 30, 2019 – According to a recent article by Ken Roberts in Forbes, Mexico is the United States’ top trade partner – at least for now. Mexico traditionally ranks third among US trade partners, behind China and Canada. This realignment shines a slightly brighter light on the essentially dormant US-Mexico-Canada (USMCA) agreement, which House […]

New NAFTA to land $34 billion investment for US automakers says USTR

19 Apr

April 18, 2019 – According to a US Trade Representative report issued today, “USTR estimates that new capital investments attributable to the proposed US-Mexico-Canada (USMCA) trade deal by automakers and battery suppliers will total approximately $34 billion over 5 years. This figure is based on information about future investments provided by automakers, as well as […]

March Heartland business conditions, manufacturing and exports continue growth

17 Apr

April 16, 2019 – According to Ernie Goss, Ph.D., Director of Creighton University’s Economic Forecasting Group, the March Creighton University Heartland Business Conditions Index, a leading economic indicator rose to its highest level since August of last year signaling solid growth for the region over the next three to six months. “The regional economy continues […]

Singapore’s Jewel Changi Airport ready for its coming-out party

12 Apr

April 11, 2019 – Singapore’s Straits Times reported today that its USD 1.7 billion-dollar, 135,700 sq. m airport complex opens next Wednesday. Jewel Changi features a 10-storey complex with shops, restaurants, leisure attractions and facilities for travelers. Other highlights include a 40m-tall indoor waterfall and a five-story garden with 2,500 trees and 100,000 shrubs. There […]

Held & Associates, Kansas City, transitions to Savino Del Bene USA

11 Apr

April 10, 2019 – In a move that has been in the making for some time, Kansas City Freight Forwarder and US Customs Broker, Held & Associates, has formally become Savino Del Bene – Kansas City Global Logistics and Forwarding Company USA, Inc., as of 1 April. Rick Held, who founded the firm 38 years […]

USTR releases its 2019 Trade Estimate and Barriers for 61 countries

6 Apr

April 5, 2019 – The US Trade Representative (USTR) recently released its National Trade Estimate Report on Foreign Trade Barriers (NTE), reporting on the largest export markets for the US. The 2019 report covers 61 countries, along with the EU, Taiwan, Hong Kong and the Arab League. It estimates the impact on US exports, US […]

Manufacturing up. Exports and imports continue to expand at marginal levels

2 Apr

April 1, 2019 – The Institute of Supply Management (ISM) reported today that national economic activity in the manufacturing sector expanded in March, and the nation’s overall economy grew for the 119th consecutive month. ISM’s New Export Orders Index slipped to 51.7 percent in March, 1.1 percentage points lower compared to the February reading of […]

Court of International Trade rules Section 232 tariffs on steel are constitutional

27 Mar

March 26, 2019 – Husch Blackwell reported today that the Court of International Trade (CIT) yesterday issued its decision in the American Institute for International Steel’s appeal on the institution of Section 232 tariffs on steel products ruling that Section 232 tariffs are constitutional and that their decision results in the continuation of these tariffs […]

RoHS Exemption List – Assent

14 Mar

Exemption Number Exemption Text Expiration Date(s)/Category 7(c)-II Lead in dielectric ceramic in capacitors for a rated voltage of 125 V AC or 250 V DC or higher. • July 21, 2021 for All • July 21, 2023 for 8 In Vitro • July 21, 2024 for 9 Industrial and 11 7(c)-IV Lead in PZT based […]

European Commission makes 16 updates to RoHS exemption list

14 Mar

March 13, 2019 – According to a report by Assent’s Valerie Kuntz, the European Commission is issuing updates to the European Union (EU) Restriction of Hazardous Substances (RoHS) Directive exemption list. It extended nine expired exemptions and added seven new exemptions. Six of the seven new exemptions put further restrictions in place for specific categories. […]

No-deal Brexit threat to ‘billions of pounds’ of chemicals

12 Mar

March 11, 2019 – The BBC reported Friday that, “A no-deal Brexit threatens billions of pounds of chemical import,” warned the head of the Chemical Industries Association, Stephen Elliott. “Secondary legislation, needed to copy EU regulations into UK law, contains ‘significant gaps’.” “Put simply, the drugs don’t work, the cars don’t run and the planes […]

US removing GSP status from India and Turkey

7 Mar

March 5, 2019 – It appears that it will finally happen. On Monday the US Trade Representative (USTR) announced its intent to withdraw its Generalized System of Preferences (GSP) from both India and Turkey. The GSP program is designed to enhance economic growth in developing countries, providing duty-free import treatment of over 3,500 products from […]

The US manufacturing economy, exports and imports expanded in February

2 Mar

March 1, 2019 – Economic activity in the manufacturing sector rose in February, and the overall economy grew for the 118th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report on Business. “Exports continue to expand, at slightly stronger rates compared to January. The manufacturing sector continues to expand, but inputs […]

China may be slowing, but Europe is dangling over the cliff

20 Feb

February 19, 2019 – Bloomberg reported last week that Europe looks like the real weak link in the global economy. According to the report, “Industrial production across the 19-nqtion euro area is falling at the fastest pace since the financial crisis, and deteriorating demand is evident as the region finds itself squeezed between international and […]

2018 International Market Potential Assessment ranks countries

7 Feb

February 6, 2019 – Larry Cresswell, SBA Regional Manager, Export Solutions Group, in his February St. Louis USEAC Newsletter posted a top international market index from the Global Edge at Michigan State University. See this link for the full report. With a US focus, the report ranks the overall market potential of the largest […]

Forecasts point to another strong year of retail sales growth

6 Feb

February 5, 2019 – HomeWorld Business carried a report today from the National Retail Federation (NRF) forecasting strong US retail sales this year following 2018 retail sales growth of 4.6%. Despite issues including the U.S./China trade war, a volatile stock market and the effects of the government shutdown, the NRF is forecasting sales to increase […]

US manufacturing, exports and imports continued to grow in January

2 Feb

Feb 1, 2019 – According to today’s Institute for Supply Management’s (ISM) “Report on Business”, manufacturing expanded in January registering 56.6 percent, an increase of 2.3 percentage points from the December reading of 54.3 percent. “This indicates growth in manufacturing for the 29th consecutive month. ISM’s New Export Orders Index slipped to 51.8 percent in […]

China expected to surpass US as world’s largest retail market

29 Jan

January 28, 2019 – China could become the world’s top retail market this year, displacing the United States, according to a report from eMarketer today. The report forecasts that China will surpass the US in retail sales by more than $100 billion. In 2019, China’s total retail sales will grow 7.5% to reach $5.636 trillion. […]