The current agreement, which covers about 45,000 dockworkers at facilities including six of the 10 busiest US ports, expires September 30.

TrusTrace's Forced Labor Prevention tool has traced more than two million purchase orders to date, while mapping over 55,000 suppliers and facilities.

China’s Cosco Shipping has been building the Chancay port near Lima expecting to be its exclusive operator when it opens in November.

Supply chain visibility platform Project 44 estimates that passages through the Suez Canal dipped by 80% between May 2023 and May 2024.

Canada will next open a 30-day public consultation period on July 2 to weigh responses to any potential tariffs against China moving forward.

It may seem like rapidly changing trade rules are the result of temporary geopolitical upheavals, but compliance experts say the chaos is here to stay.

The European Commission, the executive body of the EU, had announced plans for tariffs of up to 38% on electric cars from China, on top of an existing 10% on all imported cars.

The restrictions require investors to notify the Treasury Department about certain kinds of transactions, and some types of investments are explicitly prohibited, for fear of enhancing China's military.

Japanese Prime Minister Fumio Kishida, Tokyo has adopted a tougher stance against Moscow than any other leader in Asia, with most of them declining to take sides in the war.

The news comes as Italy and the European Union as a whole are cracking down on cars produced outside the trading bloc.