News
Print PDF

In the News: FTAs, EU Trade Plan, Border Wait Times, Customs Clearance

Thursday, August 29, 2019
Sandler, Travis & Rosenberg Trade Report

Japan, U.S. seek to sign 'very big' trade deal in September

“‘We still have some remaining work that has to be done at the working level, namely finalizing the wording of the trade agreement and also finalizing the content of the agreement itself,’ Abe said. ‘But we would like to make sure that our teams accelerate the remaining work for us to achieve this goal of realizing the signing of the agreement on the margins of the U.N. General Assembly at the end of September,’ he said.”

[Japan Today]

European officials draft radical plan to take on Trump and U.S. tech companies

“In a separate measure, the leaked plans would arm the EU with new tools to slap unilateral tariffs on American goods. The EU would use a so-called draft ‘Enforcement Regulation’ if the Trump administration succeeds in its efforts to grind the World Trade Organization (WTO) to a halt.”

[Politico]

Truckers and customs brokers seeing red as border wait times increase

“Industry professionals said the longer wait times are a combination of truckers spending more time waiting to load and unload freight at docks and intermodal facilities, as well as slower border inspection routines from agents with the Mexican National Guard and U.S. Customs and Border Protection.”

[FreightWaves]

Changes ahead for Mexico’s customs clearance process

“For example, customs officials at various ports of entry will be able to coordinate with one another and share data in order to avoid delays and repetitive work on the shipper’s part.”

[Now That’s Logistics]

Korea, Britain sign post-Brexit free trade pact

“The Trade Ministry explained that it has prepared the FTA so that free trade relations with the U.K. will continue even if it leaves the EU without an agreement. The two governments agreed to make improvements to the FTA within two years.”

[Korea JoongAng Daily]

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines