ONESOURCE Global Trade

ONESOURCE Global Trade - The First Truly Global Solution in Global Trade Management

Back to Blog

Thomson Reuters-KPMG Survey Report Reveals Today’s Leading Global Trade Management Practices

The Thomson Reuters-KPMG International Third Annual Global Trade Report reveals leading practices from top global trade practitioners, including insights on centralization, classification and free trade agreement management. “Our 2015 and 2016 survey reports identified the most significant challenges facing global trade practitioners at hundreds of multinationals,” said Taneli Ruda, SVP and … Read More

Relief Comes to U.S. Washing Machine and Solar Cell Manufacturers, But at What Cost?

By Karla Sanchez, Global Sales Development Specialist, and Kellie Gryga, ONESOURCE FTA Analyst On January 22, 2018, President Trump approved recommendations to impose Section 201 safeguard tariffs on imported large residential washing machines and solar cells and modules. This was the conclusion of U.S. manufacturers’ efforts in filing complaints that they … Read More

The Blockchain Can Radically Automate Trade

By Keith Haurie, Vice President of Business Development for ONESOURCE Global Trade at Thomson Reuters The distributed ledger technology known as the blockchain has achieved substantial adoption in the finance industry and is seeing rapid adoption in others, such as healthcare, insurance, and legal. Soon, it will begin to dynamically change how large corporations operate, and … Read More

Korea’s Sluggish Trade and the Government’s Efforts to Boost This Slump

Current status of international trade in Korea Being the world’s sixth largest exporter, South Korea has a high level of dependence on exports for the economy. Recently though, the fiscal prospect of Korea’s economy for 2016 is dark, as exports are shrinking year-on-year from Jan. 2015 to Mar. 2016. In fact, Korea noted 15 straight … Read More

China New Authorized Economic Operator System

China Customs changed its Authorized Economic Operator (AEO) classification system last year.  In general, the revised regulations simplify processes and make it easier for new companies entering China to qualify for simplified customs procedures.  The new rules also bring China’s system into closer alignment with AEO legislations outlined in the WCO framework leading to greater … Read More