The world’s trading system needs to ditch its paper trail | Financial Times (ft.com)

A UK transaction could require 40 different documents.  Trade transactions and customs digitalization could deliver $2T  in economic growth. It adds conservatively 40% efficiency gains.  

Long Beach, Calif. terminal hit by labor turmoil and won't open Monday (cnbc.com)

Check with your carriers and vendors for any supply chain disruptions impacting your business

Reshoring: More domestic manufacturing due to supply chain disruption (cnbc.com)

Today's supply chains were built to serve yesterday's business models.  We can't just "reshape trade" we must totally rethink how we supply goods end to end 

WTO Blogs | Views of the Chief Economist - A blog by Ralph Ossa, Chief Economist -

A strong multilateral system using WTO rules guarantees economic security.  EMTC posts diverse views on Trade Tax and Transportation for our readers to consider as they develop their business strategies. 

Zulily enters another era as Qurate sells Seattle e-commerce retailer to investment firm – GeekWire

Zulily revenue dropped 17% in Q1 and it laid off employees. 

Ports of LA, Long Beach shut down amid labor negotiations (msn.com)

Disruptive work actions effectively closed LA/LB ports as well as other ports on the West Coast.  Labor negotiations for 22,000 workers are in process 

CBSA Proposes "Last Sale" Rule for Customs Valuation | Bennett Jones

CBSA is considering a fundamental change that could impact SMEs 

India's Rupee as an Emerging Global Currency for International Trade (law.asia)

Excellent article by our friend Reena Khair, Esq.  Food for thought in international trade. 

EU sets carbon border tax to boost climate efforts : NPR

Less developed countries will likely pay the most additional tax 

EU Customs Reform (europa.eu)

Platforms have liability. Consumers pay duties & VAT on small parcels. A data hub stores details.