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TRADE SIGNALS

TRADE SIGNALS

Consider what happened to a mid-sized European electronics exporter in early 2025. Its goods were held at Rotterdam for nearly three weeks. The customs release was technically compliant. The Battery Passport was valid. The problem? The receiving member state’s verification system could not read and confirm the passport data in real time.

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The Subsidy Signal

The Subsidy Signal

The OECD’s new MAGIC database reveals industrial subsidies at their highest level relative to revenue since the 2008-09 financial crisis – concentrated in semiconductors, renewables, steel, shipbuilding, EVs, and advanced batteries.

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The New Compliance Reality

The New Compliance Reality

For years, it was possible to treat the major compliance disciplines as parallel tracks. Customs sat with the trade team. Data protection sat with legal. Cybersecurity sat with IT. AI governance – to the extent anyone worried about it at all – sat with the innovation team, or with nobody in particular.

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