How E-Commerce Is Making China’s Deflation Worse - The New York Times (nytimes.com)

Lowering prices accelerate growth and deflation. Prices fall, profits shrink, interest rates are cut and supply expands.

World Customs Organization (wcoomd.org)

The committee made  23 amendments to the 2028 Harmonized nomenclature and offered 21 new classification opinions. 80 items were reviewed.  More changes still to come. Expect HS 2028 to have  environmentally focused provisions.  

Disaster assistance | U.S. Small Business Administration (sba.gov)

Hurricane Helene | U.S. Small Business Administration (sba.gov)

If you are in a declared disaster area you may be able to receive assistance from the SBA.  EMTC is posting this information to assist our members, their families,  and friends of our association . Note the filing deadlines in the second link for your state .

New unit to boost effectiveness of UK sanctions against Russia - GOV.UK (www.gov.uk)

Office of Trade Sanctions Implementation : The UK established a unit to help businesses comply with sanctions particularly against Russia.

Customs Notice 24-27: CARM October Implementation – Transition Measures (cbsa-asfc.gc.ca)

The effective date is October 21 2024 

Temu Complaint (handelsverband.at)

In September te German Retail Association filed a complaint  against Temu for unfair competition . Austria receives 30,000 parcels per day from" Asian online platforms that do not comply with the rules... and misleading information."

The Trade Balance and Winning at Trade | Cato Institute

EMTC seeks to present diverse opinions for consideration by our members and friends.  "How do we know if the U.S. is winning at international trade? "

CSMS # 62464633 - Cargo and Vessel Processing Guidelines due to Possible International Longshoremen’s Association Strike 

CSMS # 62464633 - Cargo and Vessel Processing Guidelines due to Possible International Longshoremen’s Association Strike (govdelivery.com)

With ports strike imminent on East Coast, Gulf, truckers, rails are scrambling to move billions in cargo before midnight shutdown (msn.com)

54,456 TEUs with $2.7 B worth of cargo arrived on Friday at 14 ports  The strike will impact imports and exports.  Stay in contact with your logistics providers  to track your freight. The contract expires on Sept 30 at 11:59 PM

A strike costs the American economy $3.7billion per day

Reluctance to embrace automation could have a long term inflationary impact on the U.S.

US economic toll of East Coast and Gulf port strike could be billions per day, trade expert warns (msn.com)