Global trade

Trade is the backbone of the world’s economies, driving investment, job creation, and economic growth while enhancing living standards. Adaptive trade practices are essential for continued prosperity. 



EY Global Trade Updates

Tradewatch 2025 global Insight

TradeWatch Global Insights

As we approach the end of 2025, the pace of change in global trade shows no sign of slowing. Trade professionals are navigating a landscape shaped by ongoing geopolitical shifts, regulatory transformation, and the increasing integration of sustainability and technology into every aspect of trade operations.

This issue features a special focus on the interplay between customs valuation and transfer pricing, with a global article exploring recent case studies and the latest guidance from the World Customs Organization. 

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TradeWatch Americas Insights 

Under our Americas chapter, focus is on:

  • Declaring customs value in Mexico: key considerations for maquiladoras, manufacturers and distributors
  • Canada: Balancing trade measures with renewable energy development

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TradeWatch Asia-Pacific Insights

The Asia-Pacific chapter focuses on the following key issues:

  • South Korea: reform to Customs Value Declaration System
  • Thailand implements carbon tax on petroleum products as part of broader climate strategy
  • Forging the frontiers of digital trade — the EU-Singapore Digital Trade Agreement
  • Taiwan carbon fee proposal with expected 2027 launch date
  • Australia: New Net Zero Plan sets path for Australian Economy, Delays Consideration of Border Carbon Adjustment

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TradeWatch EMEIA Insights

Under the EMEIA chapter, authors focus on:

  • EU: update on the proposals to reform the Customs Union
  • EU: regulation that bans products made with forced labor adopted and published
  • India: evaluating the trade remedy landscape
  • Northern Ireland: possible trade benefits
  • Norway: on the way to implementing CBAM and EUDR
  • Saudi Arabia: managing compliance — post-clearance audits  

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TradeFlash July 2025

Welcome to the latest edition of TradeFlash — a curated summary of global trade developments, regulatory updates, and insights from EY’s Global Trade professionals.

In this issue, we highlight key global trade updates, share practical guidance on emerging compliance trends, and provide access to EY thought leadership, including articles, webcasts, and podcasts. These resources are designed to help you stay informed and ahead of change.

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Previous TradeWatch and TradeFlash editions

TradeWatch 1, 2025

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TradeFlash Feb, 2025

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TradeWatch 3, 2024

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TradeWatch 2, 2024

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TradeFlash June, 2024

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TradeWatch 1, 2024

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Introducing EY Global Trade Analytics

Explore the future of global trade with EY Global Trade Analytics. Navigate challenges and opportunities through data-driven insights, assess supply chain efficiency and make informed decisions to optimize costs. Transform your trade operations today.


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    Webcast: navigating trade challenges

    Panelists will share the latest insights on the operational and financial impacts of tariffs on multinational businesses, along with strategies for both immediate and long-term mitigation.

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