Michaela Chen’s Post

The EU is a world leader in the trade. That is why it is so important to maintain the EU's trade competitiveness and to assess new rules in terms of their applicability and the challenges they may pose to business.

President #Trump has a busy first day, having signed 11 executive orders. The #AmericaFirstTrade Policy executive order requiring detailed reports and recommendations by April 1, 2025, covering critical trade and economic issues: 📌 Trade Deficits: Investigating causes and potential remedies, including the feasibility of an External Revenue Service. 📌 Unfair Trade Practices: Identifying and addressing imbalances in foreign trade. 📌 USMCA: Evaluating its impact on American workers and businesses ahead of the 2026 review. 📌 Currency Manipulation: Assessing trading partners’ practices and recommending countermeasures. 📌 China Policy: Reviewing the Phase 1 deal, tariffs, and legislative proposals, including Permanent Normal Trade Relations status. 📌 Intellectual Property Rights: Ensuring reciprocity with China on IP protections. 📌 Export Controls: Enhancing safeguards for critical technologies. 📌 Section 232 Reviews: Examining national security risks tied to trade adjustments. 📌 Public Health and Migration: Addressing illicit fentanyl flows and migration from key regions. #TradePolicy #EconomicSecurity #Internationaltrade #US

#AmericaFirstTrade executive order What are expected changes and what are negotiation tactics? How do you prepare for the expected changes? How do business keep up with the changes? We are keeping track of executive order in international trade 👀

Last month, ahead of the World Trade Organization Public Forum, ICC United Kingdom recorded an “In Conversation With” interview between Chris Southworth, Secretary General, and Neil Shonhard, CEO, MonetaGo, exploring 'Changes and Drivers in International Trade' covering critical topics including trade digitalisation, barriers to SME adoption, the VAT gap, fraud prevention, and how we're rethinking global trade in the future. With trade in goods valued at £1.7 trillion and services at £896 billion, trade is critical to the UK economy. The Electronic Trade Documents Act 2023 (ETDA) puts the UK at the forefront as the first G7 country to remove legal barriers to trade digitalisation. This creates a unique opportunity for the UK to drive economic growth and productivity by reducing bureaucracy and boosting SME participation. "Everyone is so entrenched in the way we do things today, and have been doing so for the last few decades; it's about saying, how can we do this better, it's about saying we can do this better." - Chris Southworth Thank you to ICC United Kingdom and Chris Southworth for inviting us to speak on these important topics. The full video interview is available watch via the link in comments below. #trade #globaltrade #digitalisation #fraudprevention

Don't let hidden challenges sink your global trade! Many businesses underestimate the complexities of international trade. Unreliable partnerships, fraudulent transactions, and disrupted supply chains can lead to financial losses, wasted resources, and damaged reputations. Swipe to see how The KYB can be your secret weapon for smooth sailing in the world of international trade. #globaltrade #theKYB

On January 20, 2025, shortly after taking the oath of office, President Trump signed an executive order (EO) titled the America First Trade Policy. As expected, the EO instructs the Department of Commerce, Department of Treasury, Office of the United States Trade Representative, and other relevant agencies to examine a range of issues. Stay tuned as Husch Blackwell’s International Trade and Supply Chain team continues to monitor these developments and provide updates. #TradePolicy #InternationalTrade #HBActionsandImpacts

Video interview: ICC United Kingdom Secretary General, Chris Southworth, and MonetaGo CEO, Neil Shonhard on "Changes and Drivers in International Trade", exploring critical topics including trade digitalisation, barriers to SME adoption, the VAT gap, fraud prevention, and how we're rethinking global trade in the future. "Everyone is so entrenched in the way we do things today, and have been doing so for the last few decades; it's about saying, well how can we do this better, it's about saying we can do this better." - Chris Southworth With trade in goods valued at £1.7 trillion and services at £896 billion, trade is critical to the UK economy. The Electronic Trade Documents Act 2023 (ETDA) puts the UK at the forefront as the first G7 country to remove legal barriers to trade digitalisation. This creates a unique opportunity for the UK to drive economic growth and productivity by reducing bureaucracy and boosting SME participation. Thank you to ICC United Kingdom and Chris Southworth for inviting us to speak on these important topics. Watch the video interview via the link in comments below. #trade #globaltrade #fraudprevention #SME

China to Streamline Foreign Exchange Processes to Facilitate Cross-Border Trade The State Administration of Foreign Exchange (SAFE) in China issued a notice on April 7, introducing six measures to optimize foreign exchange business processes, further boost trade facilitation and enhance the ability to serve the real economy. According to the circular, the measures mainly involve moves in the following and other three aspects: 1. Optimizing the registration of foreign trade enterprises 2. Facilitating cross-border trade settlement and payment for enterprises 3. Streamlining regulations regarding foreign exchange for goods trade The circular is set to take effect from June 1, 2024. #foreignexchange #globaltrade #economy

President Trump’s second term is already bringing major shifts in U.S. trade policy. His “America First Trade Policy” memorandum signals potential tariff changes, trade agreement reviews, and tougher enforcement on foreign trade practices. Akerman attorneys Felicia Leborgne Nowels, Li Massie, and Julia Padierna-Peralta break down what businesses need to know. #InternationalTrade #Tariffs #TradePolicy #GlobalTrade https://lnkd.in/gBZ-bKi3

My latest for The Logic explores how “populist trade economics” means Canada, and the world, will likely need to keep its guard up well past Feb. 1 when it comes to the threat of tariffs from President Trump.