why trade treaties and free trade are important

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WHY TRADE TREATIES AND FREE TRADE ARE IMPORTANT

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WHY TRADE TREATIES AND FREE TRADE ARE IMPORTANT

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@XENETA_AS

ABOUTXENETA

At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.

With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges.

WE ARE TRANSFORMING GLOBAL LOGISTICS

ARE YOU PAYING THE RIGHT CONTAINER

FREIGHT RATES?

DISCOVER SAVINGS POTENTIAL IN REAL

TIME.

CONTACT US.

WALLOONIA TEMPORARILY HALTED THE COMPREHENSIVE ECONOMIC & TRADE AGREEMENT (CETA) BETWEEN CANADA AND THE EU; ONLY TWO LAST-MINUTE SIDE LETTERS FROM THE BELGIAN GOVERNMENT TO THE WALLOON ASSEMBLY ENABLED THE BELGIANS TO PROVIDE THE UNANIMOUS VOTE NECESSARY FOR THE EU TO SIGN WITH CANADA.

ONE WONDERS WHY THE REMOVAL OF SOME 9,800

TARIFFS THAT WOULD FACILITATE INCREASED

SALES AND LOWER PRICES FOR CANADIAN / EU CONSUMERS AND

MANUFACTURERS IS CONSIDERED NEGATIVE.

INTERESTINGLY AND WHAT MANY WANT TO KNOW IS HOW THE RECENT U.S. ELECTION RESULTS WILL AFFECT IT ALL. ONE OF THE PLATFORMS FROM THE PRESIDENT ELECT HAS MADE TRADE TREATIES INCREASINGLY UNPOPULAR AS POPULIST AND NATIVIST GROUPS WORLDWIDE ARGUE AGAINST THEM.

YOU SNOOZE YOU LOSE

WHILE THE US-EU’S TRANSATLANTIC TRADE

& INVESTMENT PARTNERSHIP (TTIP) HAS

STALLED AS THE SPECIAL INTEREST

GROUPS CHALLENGE EACH PARAGRAPH,

CHINA IS TAKING ADVANTAGE OF

AMERICA AND THE EU'S ABSENCE BY PUSHING

ITS SILK ROAD INITIATIVE AND ASIAN

INFRASTRUCTURE INVESTMENT BANK AND

OFFERING FINANCE

THERE ARE CALLS IN THE UNITED STATES TO RENEGOTIATE NAFTA (NORTH AMERICAN FREE TRADE AGREEMENT) IN ORDER TO FAVOR AMERICAN MANUFACTURERS, AND TO HALT/RENEGOTIATE THE STILL UNRATIFIED TRANS PACIFIC PARTNERSHIP.

NAFTA HAS BROUGHT A DECADES-LONG BOOM TO NORTHERN MEXICO, WHERE SALARIES IN THE AUTO INDUSTRY AND THE MAQUILADORES ARE 20X HIGHER THAN THOSE OF THE AGRICULTURAL WORKERS AND FARMERS IN CENTRAL AND SOUTHERN MEXICO AND SOME 60% OF AMERICA'S TOTAL EXPORTS GO TO THE TPP COUNTRIES.

THE ANTI-TRADE FORCES CLAIM TRADE CAUSES MASSIVE JOB LOSSES, WHICH IS INACCURATE. IN THE UNITED STATES, WHILE 5.6-6.0 MILLION MANUFACTURING JOBS WERE LOST FROM 2000 – 2010, ONLY 13% WERE LOST TO OFF-SHORING – THE REMAINING 5.3 MILLION JOBS DISAPPEARED ENTIRELY.

NO FREE TRADE IS BAD FOR CARRIERS

THE BOX CARRIERS ARE ALREADY DANGLING OVER THE BANKRUPTCY ABYSS; LESS THAN 2 WEEKS AGO

THE JAPANESE CARRIERS MERGED, WHILE MIGHTY MAERSK REPORTED

A LOSS OF SOME US $ 118 MILLION.

WHILE THE US-EU’S TRANSATLANTIC TRADE

& INVESTMENT PARTNERSHIP (TTIP) HAS

STALLED AS THE SPECIAL INTEREST

GROUPS CHALLENGE EACH PARAGRAPH,

CHINA IS TAKING ADVANTAGE OF

AMERICA AND THE EU'S ABSENCE BY PUSHING

ITS SILK ROAD INITIATIVE AND ASIAN

INFRASTRUCTURE INVESTMENT BANK AND

OFFERING FINANCE

SHIPOWNERS SEASPAN AND DANOS ARE REPORTING MAJOR LOSSES DUE TO THE HANJIN BANKRUPTCY, AS ARE TRITON AND THE OTHER CONTAINER LESSORS.

LEARN HOW XENETA CAN HELPYOU GET INSIGHT AND

INTELLIGENCE INTO YOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGE YOUR LOGISTICS

BUSINESS:

REQUEST DEMO NOW

SHOULD THE BIG BANKS FORCE THE CARRIERS TO REVALUE THEIR SHIPS TO CURRENT CHARTER RATES, THE LIKELIHOOD IS EVERY CARRIER WOULD BE DECLARED INSOLVENT.

TO COMBINE THE CURRENT LOW RATES WITH DECLINING BOX VOLUME IF INTERNATIONAL TRADE DECLINES, WOULD GUARANTEE THE SHUTDOWN OF MOST OF THE CARRIERS, ALONG WITH SUBSEQUENT DIRECT AND INDIRECT JOB LOSSES.

CLEARLY JOB TRAINING FOR THOSE WORKERS IN INDUSTRIES DISPOSSESSED BY TRADE TREATIES MUST BE IMPROVED. BUT TRADE TREATIES CANNOT BE NEGOTIATED TO FAVOR ONE SIDE OVER ANOTHER, AND TO CANCEL TRADE TREATIES IN THEIR ENTIRETY THREATENS TO RETURN THE WORLD OF THE GOOD OLD DAYS OF THE 1930'S GREAT DEPRESSION