Industry News | | MIC Customs Solutions |

WTO forecasts trade downturn in 2023 - what are the key drivers?

A new WTO report forecasts a 1.7 percent increase in global trade volumes this year, down from 2.7 percent in 2022.

Legislation | | MIC Customs Solutions |

US hits Seagate with record fine for export controls breach

Seagate has been fined $300 million by the US government for breaching export controls on shipments to China.

Industry News | | MIC Customs Solutions |

WTO panel rules against India on tech tariffs

The WTO has ruled in favor of the EU in a complaint regarding tariffs on technology imports imposed by India.

Industry News | | MIC Customs Solutions |

UK joins CPTPP: Short and long term implications

What will the implications be of the UK joining the CPTPP trade pact, both in terms of direct trade impact and the longer-term future of the bloc?

Imports and Exports | | MIC Customs Solutions |

Indonesia proposes 'limited' mineral FTA with US

Indonesia is keen to agree a limited trade deal with the US focusing on minerals in order to boost its companies in the electric vehicle battery supply chain.

Industry News | | MIC Customs Solutions |

Australia and China reach deal over barley tariffs dispute

A long-running trade dispute between China and Australia may be closer to resolution after the countries agreed to a new deal on barley tariffs.

Imports and Exports | | MIC Customs Solutions |

Chinese chip imports fall following new US restrictions

Imports of semiconductor technology to China fell by 16 percent by value in 2022 as new export controls came into force in the US.

Tax | | MIC Customs Solutions |

What was the impact of US tariffs on China under President Trump?

A new report from the USITC has revealed the impact on US imports of Section 232 and Section 301 tariffs imposed by the Trump administration.

Brexit | | MIC Customs Solutions |

EU and UK formally adopt Windsor Framework

The UK and EU have formally signed off on the Windsor Framework, allowing for the implementation of a new customs regime for goods crossing the Irish Sea.

Legislation | | MIC Customs Solutions |

Sites named for new UK freeports in Wales

The locations of two new freeport areas in Wales have been unveiled by the UK government.