EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Limited, each of which is a separate legal entity. Ernst & Young Limited is a Swiss company with registered seats in Switzerland providing services to clients in Switzerland.
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Global trade
Trade forms the backbone of the world’s economies, spurring investment, job creation, economic growth, and raising standards of living.
Global trade is being increasingly disrupted as tariff tensions, political unpredictability, protectionist policies and regulatory uncertainty challenge established business models and trade relationships.
The resulting inefficiencies were challenging when the trade environment was stable. But in our increasingly volatile times with COVID-19, Brexit as well as trade and political tensions at both local and global levels, the stakes are far higher.
Now should be a breakthrough era for international trade, as technological advances are making new forms of business possible, built on a foundation of data and insight. EY professionals can help you build an integrated approach by:
- Shaping responses to changing global tariffs and trading relationships
- Reducing cost, risk and delays from your trade network
- Driving better insights through data
- Reimagining your supply chain operating model
- Leveraging technologies
EY Global Trade Updates
Sustainability
In this edition of TradeWatch, we highlight some key sustainability topics and issues impacting the trade function, including:
- EU and UK: Update on the Carbon Border Adjustment Mechanisms (CBAMs)
- Germany: Excise tax legislative developments related to packaging and meat products
- Thailand: Incentives for production of battery-powered electric vehicles
Previous TradeWatch and TradeFlash editions
TradeWatch 3, 2023
TradeWatch 2, 2023
TradeWatch 1, 2023
TradeFlash Oct 2023
TradeFlash Feb, 2023
TradeFlash Feb, 2022
How EY can help
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Our indirect tax and global trade team can help your business strategically meet its tax obligations and resolve tax controversy. Find out more.
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Our excise tax professionals can help your business reduce its risk, enhance compliance and build a unified tax strategy. Find out more.
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Our indirect tax compliance service professionals can help you meet your compliance obligations and business goals around the world. Find out how.
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The Geostrategic Business Group can help translate geopolitical insights into business strategy to help manage political risk. Find out how.
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Our Corporate, Commercial and SME (CCSB) Banking services team can help your business navigate through rising market expectation. Learn more.
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Our flexible EY Trade Connect technology platform can help your business view its trade operations with clarity and act with precision. Learn more.
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Our EY Tax Litigation Services can help your business to reduce the risk of tax disputes and to protect your rights in tax proceedings. Find out more.
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Our latest thinking
Prepare now for the new era of selective globalization
Exploring scenarios for the world in five years reveals divergent paths for geopolitics, economic policies and company strategies. Learn more.
27 Mar 2024
Oliver Jones
Mastering CBAM Reporting: Strategies and Insights for Compliance
Prepare for Carbon Border Adjustment Mechanism (CBAM) reporting. Understand its practical implications and actions for being compliance- ready based on lessons learned.
22 Dec 2023
Jeroen Truin
How tax departments should prepare for CBAM
Tax functions need to plan for the challenges CBAM will create and identify the potential opportunities it offers. Read more.
08 Aug 2023
EY Global
How will the Climate & Innovation Act and CBAM affect Swiss business?
Switzerland passes its Climate & Innovation Law, aiming for emission neutrality, plus learn about EY's webcast on COBAM reporting obligations.
06 Jul 2023
Jeroen Truin
How disruption is shaping opportunities for global trade
In the face of continued geopolitical uncertainty, indirect tax and trade functions have an opportunity to show their real value. Find out more.
19 Jun 2023
EY Global
With no referendum launched, the Swiss Federal Parliament adopted the bill to unilaterally abolish import duties on almost all industrial goods and simplify the Swiss customs tariff to reduce costs for consumers and companies alike. The legislative change abolishing the customs duties will enter into force on 1 January 2024.
03 Apr 2023
Ashish Sinha
Carbon Border Adjustment Mechanism (CBAM) update and its impact on the EU cross-border imports
Understand the Carbon Border Adjustment Mechanism and its tax implications. Stay informed and proactive in aligning with environmental policies.
04 Mar 2022
Ashish Sinha
How technology is reducing trade finance risk and compliance costs
EY’s Trade Risk Analytics Compliance Kit helps global banks to combine analytics with risk management to increase automation.
29 Jul 2020
Andrew Gilder
