McDonalds faces some degree of competition in the coffee market from Starbucks and Dunkin, according to an analysis published by The Henry Fund. McDonalds recently transitioned to its McCafe business model as the company begins to target the coffee market more. However, Starbucks is not necessarily known for
The United Nations Conference on Trade and Development (UNCTAD) highlighted that the world is increasing the use of smart agriculture. In general, the adoption of Internet of Things solutions for agriculture is constantly growing. According to UNCTAD, the size of the global smart agriculture market is expected to
Mexico‘s Federal Economic Competition Commission (Cofece) opposed the imposition of countervailing duties on imports of steel products in the second quarter of 2021. Although Cofece did not specify on which products it gave its opinion within the Foreign Trade Commission (Cocex), it stated in general terms that these
The United States faces Section 301 challenges in both the World Trade Organization (WTO) and the Court of International Trade (CIT). Headquartered in New York City, the CIT is a federal court in the United States that resolves civil actions arising from the customs and international trade laws
Since the start of the pandemic, WTO Members have applied 384 trade measures related to Covid-19 in the area of goods. Of that total, 248 (65%) were intended to facilitate trade and 136 (35%) could be considered trade restrictive. Several of those measures, initially introduced in immediate response
Total annual world maritime trade amounted to 11.5 billion tonnes and 1.5 tonnes per capita, reported the European Maritime Safety Agency. The global shipping industry is critical to international trade as it is a profitable and sustainable means of transporting large volumes of many essential commodities and finishes.