Blog – Trade and FDI – United States – February 2022 Both Canada and USA are now pushing policies related to critical metals USA continues to look at ways to expand energy exports to EMEA Middle East oil imports to USA continue to expand under Biden

1. Merchandise Trade – United
States – February 2022
Paul Young CPA CGA
April 5, 2022

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
• Summary
• Trade Balance Summary – USA
• Analysis of Imports and Exports
• Trade by key Countries
• USA and China Trade
• Blog – Energy Crisis
• Blog – Supply Chain
• Summary

4. Trade Analysis
- USA
https://www.census.gov/forei
gn-trade/data/index.html
Bureau of Economic
Stats - Trade - USA - February 2022.pdf

5. Country / Trade – USA
Source – USA government

6. Trade Analysis - USA
Source - https://www.census.gov/foreign-trade/data/index.html

7. Analysis of Imports and
Exports

8. China and USA Trade
US international
trade balance $-89.2 billion versus $-88.58 billion estimate Forexlive.pdf

9. China and USA Trade
Source - https://www.scmp.com/economy/china-economy/article/3166325/us-china-trade-deal-
historic-failure-purchases-more-30-cent and https://www.piie.com/blogs/realtime-economic-
issues-watch/china-bought-none-extra-200-billion-us-exports-trumps-trade
US-China trade deal
a ‘historic failure’ with purchases more than 30 per cent short of target, PIIE report says South China Mornin

10. Blog – Is the World heading to an Energy Crisis –
October 2021
Australia exported 3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per month that is
rapid increase in coal production. It is unclear in China and Australia would be able to ramp to meet the demand. China is
already in a shortage of perhaps 50 million tons per month.
If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other Asian
countries. This will also make the supply chain problems even worse.
Prioritizing heating over electricity means more factory shutdowns.
Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get bumped back
at the ports for hundreds of coal ships.
China having coal production problems is tough because building other sources of electricity and heating will take years.
Especially if China wants to get beyond current levels to support 6% per year GDP growth.
https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogsp
ot%2Fadvancednano+%28nextbigfuture%29
This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-young/

11. Blog - Changes for Supply Chain Workers Needed to Save Global Economy - https://www.linkedin.com/pulse/blog-changes-
supply-chain-workers-needed-save-global-paul-young/?published=t
Transportation worker organizations have an open letter urging world leaders to remove restrictions hampering
the free movement of transport workers, and guarantee and facilitate their free and safe movement.
Land, Sea and air travel worker organizations support $20 trillion of world trade annually and represent 65
million global transport workers, and over 3.5 million road freight and airline companies, as well as more than
80% of the world merchant shipping fleet.
https://www.nextbigfuture.com/2021/09/173322.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed
%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
https://www.slideshare.net/paulyoungcga/how-to-reshore-supply-chain-and-build-a-resilient-supply-chain

12. 5 Maritime Shipping Trends That Are the
Wave of the Future
1. Autonomous ships
2. IoT
3. Blockchain
4. Port automation
5. Digital twins
Source - https://www.thomasnet.com/insights/5-maritime-shipping-trends-that-are-the-
wave-of-the-future/?ecms_id=fa73157e-ea09-4809-95ce-
684f7331a943&ecms_short=ART6523&doc_type=ted_article&sponsored=&acct=&p
arent_id=989b7bcd-7758-47df-999c-
5fa679a630fa&utm_content=featuredstory&position=1&linktype=title&channel=emai
l&campaign_type=thomas_industry_update&campaign_name=tiu220208&utm_camp
aign=tiu220208&utm_medium=email&utm_source=thomas_industry_update&tinid=2
21763045
My work:
https://www.slideshare.net/paulyoungcga/transportation-sector-analysis-and-
commentary-november-2021

13. Supply Chain and Taxes
Companies worldwide are adapting to the pandemic by shifting production closer to customers, but such efforts
to make supply chains more resilient also complicate tax obligations, EY said.
“There’s a lot of benefits that can be obtained” by overhauling global supply chains, according to Craig Hillier,
international tax and transactions services leader at EY. “But there are all these knock-on tax, financial system,
payroll, people, talent issues that need to be addressed as well.”
CFOs need to consider “a whole host of tax issues,” including exit tax cost and transfer of goodwill, Hillier said
Thursday during an EY webinar. At the same time, companies shifting supply chains might gain benefits such as
tax breaks and funding for employment and training, he said, noting “there’s a lot out there at the moment that
companies can take advantage of.”
https://www.cfodive.com/news/supply-chain-overhaul-brings-benefits-tax-complexity-
ey/617973/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-01-
31%20CFO%20Dive%20%5Bissue:39446%5D&utm_term=CFO%20Dive
My work: https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-january-2022-
251041058

14. Summary
• Both Canada and USA are now pushing policies related to critical metals
• USA continues to look at ways to expand energy exports to EMEA
• Middle East oil imports to USA continue to expand under Biden
• Biden propose corporate change may have influence on FDI
Bureau of Economic
Stats - Trade - USA - February 2022.pdf
https://www.forexlive.com/news/us-advanced-goods-trade-balance-20220405/
US international
trade balance $-89.2 billion versus $-88.58 billion estimate Forexlive.pdf
Supply Chain and
Port Congestion.pdf
Iraq oil exports
US$11.07 billion in March, highest for 50 years - CNA.pdf
China Shanghai Port
sees normal operation, no backlog of container ships - India Shipping News.pdf
Miners say Biden’s
Defense Production Act use is “urgently” needed - MINING.COM.pdf
U.S. Isn’t Looking for
a ‘Divorce’ From China, Trade Chief Says - BNN Bloomberg.pdf
US Govt Calls Out
Data Protection Bill as a Trade Barrier.pdf
Lockheed Martin,
Intel Sign Agreement to Advance 5G-Ready Communications for U.S., Allied Defense Systems - Apr 4, 2022.pdf
Biden Cites Progress
In Creating More Trucking Jobs To Help Strengthen U.S. Supply Chains.pdf
Foreign direct
investment, infrastructure, and supply chain resiliency A new nexus for US industrial strategy - Atlantic Council.pdf
Biden’s second
(attempted) bite at the private equity apple Key 2023 Green Book proposals impacting private equity funds and their investors - Lexology.pdf
U.S. liquefied natural
gas exports rise 16%, to new record Hellenic Shipping News Worldwide.pdf
U.S. farmers pursue
soybean profits, shrug at tight wheat stocks Successful Farming.pdf
Blog – Trade and FDI – United States – February 2022
Both Canada and USA are now pushing policies related to critical metals
USA continues to look at ways to expand energy exports to EMEA
Middle East oil imports to USA continue to expand under Biden
Biden propose corporate change may have influence on FDI
1. Port congestion – https://indiashippingnews.com/china-shanghai-port-sees-normal-operation-
no-backlog-of-container-ships/
2. Oil Exports - https://www.channelnewsasia.com/business/iraq-oil-exports-us1107-billion-
march-highest-50-years-2603516
3. Critical metals - https://www.mining.com/miners-say-bidens-defense-production-act-use-is-
urgently-needed/
4. Trade - https://www.bnnbloomberg.ca/u-s-isn-t-looking-for-a-divorce-from-china-trade-chief-
says-1.1747771
5. India and USA - https://www.india.com/us/us-govt-calls-out-data-protection-bill-as-a-trade-
barrier-5317417/
6. Advanced manufacturing - https://news.lockheedmartin.com/2022-04-04-Lockheed-Martin,-
Intel-Sign-Agreement-to-Advance-5G-Ready-Communications-for-U-S-,-Allied-Defense-Systems
7. Logistics - https://www.forbes.com/sites/edwardsegal/2022/04/04/biden-administration-cites-
progress-in-creating-more-trucking-jobs-to-help-strengthen-us-supply-
chains/?sh=559f89a14573

15. Other Sources
• If you like to learn
more about trade
and/or other
subjects as part of
your professional
learning and
development, then
feel free to review
my material on
https://www.udem
y.com/ (search Paul
Young CPA CGA