The Nuts and Bolts of Trade

Bruce Harsh, U.S. Department of Commerce

NASCO Reunion, Nov. 15, 2016George W. Bush Institute Auditorium

“Its in the Details of the

Products”

Supply Chain Trends

Going Global: Dream or

Nightmare

And beyond…

“Its in the Details of the Products”• www.export.gov• www.cbp.gov• www.worldfactbook.cia.gov

Market Information

• Sectoral Associations, e.g. www.nrf.com

• UniversitiesAssociations and Academic

Institutions

• www.worldbank.org

• www.stopfakes.gov

Global

Assistance Programs

U.S. Commercial Service Resources

• Offices in more than 100 cities and 70 countries

• Providing:– Information/Counselling

– Strategy and Planning

– Market Research

– Advocacy

Commercial Resources

Checking Supply Chain Factors• Review Export.gov (Country Commercial Guides)Global sourcing

• Add end-end, total landed costs (duties/taxes)Value chain

• Address political, legal, economic, & social issues Optimization

• Compare Supply Chain vs. Supply ChainCompetition

• Consider Telecom, IT, TransportTechnology

More Policy Focus

• www.usda.gov FAS officials

• www.otexa.gov DOC officials

Safety measures and

regulations

• Weigh costs vs global realities

• IPR (www.stopfakes.gov)

• Customs-Trade Partnership Against Terrorism (C-TPAT)Security

Going GlobalChecking Trade Agreements

www.ustr.gov

• Chapters:

– Cross-Border Trade in Services

– Intellectual Property Rights

– Electronic Commerce

• TransPacific Partnership (TPP)• Transatlantic Trade and Investment

Partnership (TTIP)• Trade in Services Agreement (TiSA)• Trade Facilitation Agreement (TFA)

Checking Trade Facilitation Barriers“Reducing supply chain barriers to trade could increase gross domestic product (GDP) up

to six times more than removing tariffs.”

Enabling Trade Valuing Growth OpportunitiesWorld Bank study, January 2013

WTO.orgAPEC.org

ASEAN.orgUSTR.gov

(TPP)

Bilateral/multilateral

trade agreements

And beyond… Single Window: What and Why

“From Paper to Digital”

“File once, use many times”

“Modernizing border operations will increase flow of products”

United States

Globally

www.cbp.gov/biec

Risk Management CommitteeProcess Coordination CommitteeExternal Engagement Committee

Border Interagency Executive Council (BIEC)

More Trending Issues• Truck Drivers, regulations• Rate fluctuations in ocean shipping• Port congestion

Infrastructure and Transportation

• Unified, customer experienceOmnichanneling

• Advanced technologySystems/IT

• Need for multiple discipline supply chain managers

Talent Management

Long-term Trends Globally

Freight growth: 100% by 2030 (est.)

Growing freight share of total transportation: 70% by 2030 (est.)

Rising international middle class

Drive to modernize supply chain systems

Conclusions

Go through Market Check List

• Political/Legal/Economic/Social Issues

Utilize Resources

• Public and Private Sector sources

Start Small and Test

Stay close to Consumers

Thank You

Bruce HarshDirector, Office of Supply Chain

U.S. Department of Commerce

202-482-4582

Bruce.Harsh@trade.gov