Washington, DC--

Following President Biden's State of the Union address, the Administration released the Budget of the U.S. Government Fiscal Year 2025.  Release of the Administration's budget priorities kicks off the spending process in Congress to pass 12 appropriations bills, 6 of which were included in the Consolidated Appropriations Act, 2024.

China is worried about the return of Trump, but it also sees opportunities if he wins (msn.com)

Geopolitical events that could impact small business 

China's economy is showing signs of life as it touts its growing relationship with Russia (msn.com)

China and Russia create a new trade paradigm. EMTC offers various perspectives on trade for your consideration.

China Is in Distress—and Xi Jinping May Be on His Way Out | Opinion (msn.com)

If you source in China you should consider points in this article as one factor in your decisions.  EMTC seeks to provide diverse opinions for our members and friends to consider. 

EU to ban sale of products made with forced labor | News Brief | Compliance Week

How well do you know all of your supply chain? Will your products be allowed into the EU in the next 3 years-Start planning now-including if you have online sales.

US seeks collection on up to $20B in delinquent COVID loans to small businesses, nonprofits (msn.com)

download (treasury.gov) Treasury - Commerce- Justice

Obligations of foreign based persons - a must read for trade professionals

HMRC advises that the National Export System (NES) XML and email service will close for export declaration submissions on June 4th, 2024 (strongandherd.co.uk)

This may affect small businesses in the UK that export  UK-SMEs should prepare now

USTR Releases President Biden’s 2024 Trade Policy Agenda and 2023 Annual Report | United States Trade Representative

EMTC is following policies that undergird the " support of farmers, ranchers,  fishermen, food manufacturing and supply chain". E-commerce and small business is noticeably missing this summary statement.

Small business reporting requirement found unconstitutional by Alabama federal judge (msn.com)

A federal judge has ruled it as overreach by Congress.