WTO Blog | Data Blog - Thirty years of trade growth and poverty reduction

Trade is  $30.4T in 2023.   Share of commercial (digital) services-25%. Export of digitally delivered services $4.25T   What will the next 30 years look like?

Chamber, business groups sue FTC to block noncompete ban | The Hill

FTC votes to ban noncompete agreements | The Hill

This is effective 120 days after the Federal Register notice.  This affects most businesses 

2024-04-10wolff.pdf (piie.com)

Interesting commentary on MC13 and the future of the WTO. Is the WTO still relevant in 2024?  Will it be in 2050?  How do we move forward as global professionals?  Can 166 - or 186 soon- countries agree on a path forward?

Questions and Answers_Carbon Border Adjustment Mechanism (CBAM).pdf (europa.eu)

Critical read if you sell goods to Europe. CBAM is part of the European Green Deal.  EU importers must buy certificates to offset the carbon emissions of their imported goods . ETS caps the amount of carbon emissions. 

Weighing the Pros and Cons of Global Trade Leadership | Council on Foreign Relations (cfr.org)

If the postwar global economic order has cracks in the foundation should we just abandon it?  What are the trade-offs?

Italian ecommerce worth 80.6 billion euros in 2023 (ecommercenews.eu)

Text of H.R. 7979: End China’s De Minimis Abuse Act (Introduced version) - GovTrack.us

This moved out of committee. EMTC is following this bill closely  Follow us for updates

TikTok plans to fight back | LinkedIn

The bill heads to the Senate.  President Biden said he will sign it.  Who will be the new owner of TikTok?

'Something Will Have To Give': IMF Issues Dire Warning to Biden Administration (msn.com)

A consideration for business planning in 2024-25: The US has the ninth highest debt to GDP ratio at 129%. Target debt to GDP ratio for economic growth is 77%.