Jobs, housing, consumer and economy news that matters | U.S. Chamber of Commerce (uschamber.com)

What's important for e-sellers? Credit card debt is surging; consumers are spending; interest rates remain high and economists are lukewarm on the economy.  EMTC offers our members and friends  diverse opinions on tax, trade and transportation to allow members to make informed opinions. 

ILWU Canada West Coast port workers support strike in landslide vote (ampproject.org)

Vancouver facilitates 15% of US inbound and outbound trade  Add to this work stoppages at US West Coast ports and the start of labor negotiations for East/Gulf ports ahead of a 2024 expiration date.

Walmart nears tipping point in e-commerce battle with Amazon (msn.com)

Walmart is transforming its stores into a logistics network. 

Arlington, VA--

Today, EMTC released Redline Version 2 of its Proposal for 21st Century Customs Framework (21CCF) and submitted it to the Customs Operation Operations Committee (COAC) for inclusion in the public record for the meeting on June 14, 2023.  COAC will makes its recommendations for 21CCF.

EMTC is a member of 21CCF Task Force and has drafted its own proposed statutory changes to Title 6 and Title 19 for customs modernization legislation.

Arlington, VA--

Today, EMTC filed its written statement to the House Ways and Means Committee concerning the May 25th HWM Trade Subcommittee Hearing on Modernizing Customs Policies to Protect American Workers and Secure Supply Chains.  

Among the prominent issues discussed during the hearing and addressed in EMTC's written statement is de minimis threshold for shipments under 19 U.S.C.  section 1321.

How America is reshaping the global economy | Financial Times (ft.com)

Is the US pursuing an industrial policy to improve domestic company competitiveness, subsidize exports and impose trade barriers? What would an innovative international economic partnership look like?

EU an economic superpower struggling to get its way | Financial Times (ft.com)

Brussels is struggling to finalize trade deals. 

It's becoming clear that AI is going to whack the mediocre middle of office workers (msn.com)

How will AI affect trade compliance?

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