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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.
Global trade is facing unprecedented disruptions as escalating 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. However, in today's increasingly volatile landscape, the stakes are significantly higher.
This moment represents a unique transformative era for international trade. Technological advances are enabling innovative business models that leverage data and insights. EY professionals can help you build an integrated approach by:
- Shaping proactive responses to evolving global tariffs and trading relationships
- Reducing costs, risks, and delays within your trade network
- Enhancing decision-making through advanced data analytics
- Reimagining your supply chain operating model for resilience and agility
- Harnessing cutting-edge technologies to drive efficiency and innovation
EY Global Trade Updates
TradeWatch Global Insights
In this first issue of the year, we look at how the global trade landscape is shifting due to the US new foreign trade policy, which includes increased tariffs on key imports. This has prompted retaliatory measures from affected nations, signaling a potential departure from the era of free trade.
While protectionism is on the rise, this period may also offer a chance to renegotiate trade agreements for greater equity. The responses to these tariffs will shape the future of international commerce for years to come.
Previous TradeWatch and TradeFlash editions
TradeWatch 3, 2024
TradeWatch 2, 2024
TradeWatch 1, 2024
TradeFlash Oct, 2024
TradeFlash June, 2024
TradeFlash Feb, 2024
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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