Background

Myanmar coup could dampen U.S. trade, impact footwear companies

“Apparel and footwear accounted for some 41% of total U.S. goods imports [from Myanmar], followed by luggage, which accounted for nearly 30%, and fish, which accounted for just over 4%, said Panjiva, the supply chain research unit of S&P Global Market Intelligence.”

[Reuters]

Congestion worsens at Southern California ports

“Ships are piling up outside Los Angeles and other major U.S. ports as American companies try to restock warehouses and consumers — lacking travel and other entertainment options during the pandemic — buy more products for their homes. Compounding the logjams are issues on land such as sick longshoremen, social distancing restrictions for those who are working and shortages of equipment and truckers to move the containers.”

[Transport Topics]

Washington says it's ready to engage on WTO reform

“Reform of the 25-year-old WTO, including its Appellate Body, is widely seen as a top priority, although countries have widely different views about how this should be done. The European Union is due to submit a WTO reform proposal next month.”

[Reuters]

UK applies to join Pacific free trade area

“Joining the £9 trillion partnership will cut tariffs for UK industries including food and drink, and cars, while also creating new opportunities for modern industries like tech and services, ultimately supporting and creating high-value jobs across the UK.”

[UK Department for International Trade]

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