Background

EU arms itself against U.S. and others in trade disputes

“The new EU law will extend to possible trade measures for services and for intellectual property rights and could also be used in disputes over bilateral trade agreements, such as the deal the EU is trying to strike with Britain.”

[Reuters]

UK, EU make one more push for elusive Brexit trade deal

“The bloc accuses Britain of wanting to ‘have its cake and eat it’ — retaining access to the EU’s lucrative markets without agreeing to follow its rules. The EU fears Britain will slash social and environmental standards and pump state money into U.K. industries, becoming a low-regulation economic rival on the bloc’s doorstep. Britain says the EU is making unreasonable demands and is failing to treat it as an independent, sovereign state.”

[Associated Press]

WTO blockchain report says customs remains weak link of trade digitalization

“Any digital process will only be as strong as its least digitized link. For many international trade systems this means integrating customs. While several governments are testing or considering using DLT for their customs operations and single windows, most projects remain at a conceptual or piloting stage.”

[Cointelegraph]

Associations seek relief from detention, demurrage fees in backed-up LA/Long Beach ports

“The statement by CTA and HTA, according to LaBar, is a ‘grand gesture to our supply chain partners to do the fair and equitable thing to waive these fees.’ But the target is also the port authorities of Long Beach and Los Angeles, to have them ‘enforce these requests should our supply chain partners and ocean carriers decide to do nothing.’”

[FreightWaves]

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