Companies across the globe are experiencing major supply chain interruptions. The US plans to provide tariff relief delays of 90 days to companies looking to conserve cash. G-20 countries have agreed to be cautious about restricting the flow of medical supplies and pharma products. And the USMCA is delayed again. Supply Chain Disruptions—Global supply chains […]
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COVID-19 is affecting international trade. Here’s an update on the United States-Mexico-Canada Agreement (USMCA), air freight, tariffs, Buy American, DPA, export restrictions and China’s recovery. USMCA—The US Trade Representatives informed Congress that the USMCA (new NAFTA) will come into force June 1. This ten-week time frame is ambitious and and is causing concern, particularly among […]
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A majority of Massachusetts members of the US House of Representatives voted last week to approve the United States-Mexico-Canada (USMCA) trade agreement that has been strongly supported by AIM and other business groups. Members of the Massachusetts delegation voting in favor included US Reps. Richard Neal, Stephen Lynch, Katherine Clark, William Keating, Seth Moulton and […]
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Associated Industries of Massachusetts and its 3,500 members today urged the United States Congress to approve the new USMCA trade agreement with Canada and Mexico. The reason is simple – Canada and Mexico purchase more US-made goods than the next 11 trading partner countries combined. USMCA will help to preserve more than 2 million American […]
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Associated Industries of Massachusetts announced the winners of the 24th annual AIM Global Trade Awards, which recognize Massachusetts companies and public agencies of all sizes that have demonstrated excellence in international business. The 2019 honorees represent both Massachusetts manufacturing and professional service industries and include: Crane Currency, Globalization Partners, and SMC Ltd. “From the more traditional manufacturing […]
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The economic impact of the Port of Boston has almost doubled since 2012 as the facilities serve as a gateway for increased global commerce both to and from Massachusetts, according to a report issued this morning.
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