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Global trade
Trade is the backbone of the world’s economies, driving investment, job creation, and economic growth while enhancing living standards. Adaptive trade practices are essential for continued prosperity.
EY Global Trade Updates
- TradeWatch 1, 2025 Global Insights
- Americas Insights
- Asia-Pacific Insights
- EMEIA Insights
- TradeFlash February 2025
TradeWatch Global Insights
In this first issue of the year, we look at how the global trade landscape is shifting due to the US new foreign trade policy, which includes increased tariffs on key imports. This has prompted retaliatory measures from affected nations, signaling a potential departure from the era of free trade.
While protectionism is on the rise, this period may also offer a chance to renegotiate trade agreements for greater equity. The responses to these tariffs will shape the future of international commerce for years to come.
TradeWatch Americas Insights
Under our Americas chapter, focus is on:
- Brazil: tax reform — impacts and challenges for foreign trade
- Canada: new administrative review policy published for value reviews under the Special Import Measures Act
- Canada: preferential tariff programs update
TradeWatch Asia-Pacific Insights
The Asia-Pacific chapter focuses on the following key issues:
- Australia: future border carbon adjustment recommended
- Japan: annual report on post-entry customs
- Japan: METI releases revised export control regulations
- Vietnam: 2025 Inspection Program for customs
TradeWatch EMEIA Insights
Under the EMEIA chapter, authors focus on:
- EU: update on the proposals to reform the Customs Union
- EU: regulation that bans products made with forced labor adopted and published
- India: evaluating the trade remedy landscape
- Northern Ireland: possible trade benefits
- Norway: on the way to implementing CBAM and EUDR
- Saudi Arabia: managing compliance — post-clearance audits
TradeFlash February 2025
Welcome to the newest edition of the TradeFlash newsletter, a roundup of the latest developments in global trade around the world.
In this issue, we provide links to EY articles and webcasts covering key trade topics, many of them focused on the impact of sustainability and data challenges on international trade.
Previous TradeWatch and TradeFlash editions
TradeWatch 3, 2024
TradeWatch 2, 2024
TradeWatch 1, 2024
TradeFlash Oct, 2024
TradeFlash June, 2024
TradeFlash Feb, 2024
How EY can help
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Our excise tax professionals can help your business reduce its risk, enhance compliance and build a unified tax strategy. Find out more.
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Our indirect tax compliance service professionals can help you meet your compliance obligations and business goals around the world. Find out how.
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