As shrimp production continues to expand, exporters are increasingly competing through market access, sanitary regulations and trade policy rather than production alone. Ecuador‘s shrimp industry has become one of the fastest-growing aquaculture sectors in the world, doubling production every five years. According to Sandro Coitore, CEO of Omarsa, this success has also made the country … Read More

This week, at the direction of President Trump, Ambassador Jamieson Greer took final action under Section 301 of the Trade Act of 1974 by imposing a 25% tariff on certain goods of Brazil. This comes after USTR concluded a yearlong investigation that found that Brazil’s acts, policies, and practices have harmed American workers, businesses, and … Read More

Today, Representative Ro Khanna (D-CA-17), Ranking Member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, and Representative Mike Bost (R-IL-12) led a bipartisan letter to U.S. Customs and Border Protection (CBP) Commissioner Rodney Scott and Internal Revenue Service (IRS) Chief Executive Officer Frank Bisignano urging … Read More

America’s cost-of-living crisis is a wage problem, not a price problem. The cost of essential services has raced ahead of the median paycheck for 25 years. The question that piece left open is why the paycheck stalled. The trail leads to a bargain Washington struck decades ago, when cheap imports became the whole measure of … Read More

Canadian small and mid-sized businesses focused on the semiconductor industry say the United States’ artificial intelligence boom is creating opportunities too good to pass up despite ongoing trade uncertainties and geopolitical friction between the two countries. Big Tech investment in AI infrastructure will exceed US$700 billion this year, according to the financial statements of Meta … Read More

More than a year after Ontario removed nearly $80 million worth of American beer, wine and spirits from Liquor Control Board of Ontario shelves in response to U.S. tariffs, the province has spent about $8 million storing the inventory while remaining undecided about what to do with it. According to LCBO records reported by CBC, … Read More

U.S. Sen. Rick Scott, R-Naples, is pushing the federal government to take action to protect Florida’s strawberry harvest from foreign producers. In a July 2 letter to U.S. Commerce Secretary Howard Lutnick, Scott urged the federal government to investigate the “suspected illegal dumping” of Mexican strawberries during Florida’s peak growing and harvesting season. “The dumping … Read More

The rapid ascent of Chinese car brands in Europe could be nearing a turning point as both the EU and Germany consider protectionist measures. One in every 10 new cars registered in the European Union in May was from a Chinese brand, but European analysts say the rapid rise could be approaching a turning point … Read More

Europe’s parliament has agreed to cut duties on many American goods to avoid a fresh round of retaliatory tariffs from the Trump administration. The trade deal, which took effect July 1, sets 15% tariffs on most exports to the U.S. and zero tariffs on industrial goods coming from the U.S. into the 27-nation European Union. … Read More

Trade in goods between the European Union and the U.S. reached a record €875 billion ($1.00 trillion) last year despite ‌tariffs, but the figures mask significant economic damage, notably to Germany’s auto sector, a ‌study published on Friday found. The research by the German Economic Institute, or IW, found a 7.7% rise in EU exports … Read More