The clue is in the name: Liberation Day. When President Trump announced at the beginning of his speech that he was declaring the independence of the United States from the global trade system, this was not a negotiation. The rhetoric used was violent: “America has been looted, pillaged and raped by other countries.” The scale of the tariffs imposed was unprecedented—a minimum of 10% and for some, notably China, much higher.
The WTO’s Global Trade Outlook 2025 reveals a projected decline in global merchandise trade, rising protectionism, US-China decoupling, and a surprising resilience in services trade amid growing global uncertainty.
In ports and boardrooms around the world, patterns of commerce that once seemed immutable are shifting with the geopolitical tides. Wares that a decade ago would travel directly from Shanghai… read more →
Written in collaboration with researchers from NYU Stern School of Business, the 292-page report aims to guide business leaders and policymakers through global trade dynamics by providing context for the forces driving the global economy.
New research conducted by Descartes Systems Group and SAPIO Research suggests that businesses that use trade compliance strategically (rather than considering it a regulatory burden) are the ones experiencing the… read more →
The latest World Trade Organization (WTO) Goods Trade Barometer indicates that global merchandise trade remained steady at the start of 2025. The index read 102.8 – virtually unchanged from December’s 102.7, suggesting that trade growth continues at a moderate pace, though rising trade policy uncertainty and potential tariff measures could weigh on future performance.
Written in collaboration with researchers from NYU Stern School of Business, the 292-page report aims to guide business leaders and policymakers through global trade dynamics by providing context for the forces driving the global economy.
Those who deal in international markets are forced to contend with the ever-volatile nature of the world. Natural disasters in distant corners of the globe have as much ability to… read more →
CargoX, a blockchain platform, has successfully facilitated the first fully digital FIATA Multimodal Bill of Lading (eFBL) pilot under the draft United Nations Convention on negotiable cargo documents.