Global Trade Archives - Thomson Reuters Institute https://blogs.thomsonreuters.com/en-us/innovation-topics/global-trade/ Thomson Reuters Institute is a blog from ¶¶Òõ³ÉÄê, the intelligence, technology and human expertise you need to find trusted answers. Fri, 29 May 2026 12:38:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 ¶¶Òõ³ÉÄê AI-Powered Trade Research Tool Passes Every U.S. Customs Exam Administered in the Last Three Years /en-us/posts/innovation/thomson-reuters-ai-powered-trade-research-tool-passes-every-u-s-customs-exam-administered-in-the-last-three-years/ Mon, 25 May 2026 17:15:09 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=71082 ONESOURCE Global Trade Research AI, a new CoCounsel-powered AI research tool demonstrated its accuracy by passing all six publicly available U.S. Customs Broker License Exams (CBLE) administered over the last three years – 18 total runs, spanning April 2023 through October 2025 – with a mean score above 84%, including through two years of significant tariff and regulatory change.

The exam is widely regarded as one of the hardest professional licensing exams in the United States, with pass rates typically ranging from 30% to as low as 2%. Candidates must navigate thousands of pages of CBP regulations, directives, rulings, and procedures, as well as The Harmonized Tariff Schedule which includes 99 chapters covering every tradable product.

The results reflect ¶¶Òõ³ÉÄê commitment to Fiduciary-Grade AITM – built to meet a higher standard than general productivity tools, to stand up to scrutiny and with outputs that are reliable and verifiable.

Embedded within the existing ONESOURCE Global Trade Management platform, Global Trade Research AI represents a significant development in trade compliance technology. Demonstrating advanced regulatory reasoning, document-based reasoning at scale, and complex synthesis of multiple sources to help with trade-based research tasks. Unlike general-purpose AI tools, the system is trained on over 100,000 pages of authoritative government sources, including Federal Register notices, CBP CSMS messages, and executive orders.

Meeting Strategic Demands in Trade Compliance
The launch comes as trade departments experience unprecedented elevation within their organizations. According to ¶¶Òõ³ÉÄê 2026 , 43% of trade professionals report increased budgets for hiring, while 37% report more frequent involvement in executive decision-making.

“Trade teams are being asked to become strategic partners rather than operational functionaries,” said Ray Grove, head of product, Global Tax and Trade, ¶¶Òõ³ÉÄê. “They need tools that can provide instant, accurate regulatory intelligence to support real-time business decisions.”

The shift reflects broader changes in how organizations view trade compliance. More than three-quarters of legal trade professionals (76%) believe current U.S. tariff approaches represent a permanent change rather than temporary policy tools, according to the report.

And, it reflects growing enterprise adoption of specialized AI tools for professional services. Unlike consumer-focused AI applications, Global Trade Research AI is purpose-built for regulatory compliance workflows and trained exclusively on verified government sources rather than web-scraped content.

Technical Capabilities and Accuracy
Global Trade Research AI processes natural language queries such as “What are the current tariff rates for HTS 8708.29 from Mexico vs. China?” or “What FTA benefits apply to automotive parts from Mexico?”  The system synthesizes information across multiple regulatory sources and provides cited responses within seconds.

Key technical features include:

  • Authoritative sourcing: Every response includes citations linking to primary government documents
  • Real-time updates: Knowledge base refreshes as regulations change, with average update times under one business day
  • Trade-specific intelligence: Understands HTS codes, duty drawback procedures, customs warehouse operations, and FTA rules
  • Integrated platform: Embedded directly within ONESOURCE Global Trade Management workflow
  • The system’s performance across 18 runs of the CBP licensing exam – spanning three years of changing tariff policy, demonstrates consistent ability to handle complex regulatory scenarios that typically require extensive professional training.

This is Fiduciary-Grade AI in practice: every answer is traceable, every source is authoritative, and the system is built to support decisions where being wrong carries real professional and financial consequence. Trade professionals can access Global Trade Research AI through their existing ONESOURCE Global Trade Management platform, maintaining workflow continuity while adding AI-powered research capabilities.

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The Manufacturing Compliance Problem Is Vertical by Nature /en-us/posts/innovation/the-manufacturing-compliance-problem-is-vertical-by-nature/ Wed, 15 Apr 2026 20:07:39 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=70408 The compliance challenges confronting manufacturing are unlike those of any other industry. Multi-tier supplier networks with thousands of vendors require continuous monitoring for possible sanctions, violations, evidence of forced labor, and any hints of financial instability. A single tariff change can cascade across trade compliance, which affects transfer pricing calculations and procurement decisions, requiring contract updates spanning tax, trade, legal, and risk functions at once.

Managing that chain reaction requires shared data across functions and AI with true manufacturing domain expertise. Most companies have neither. As a result, compliance gaps damage customer experience for 54% of manufacturers, according to Forrester, directly impacting revenue and loyalty.

Two Problems, One Crisis

Manufacturers face two compounding challenges.

The first problem is structural. Many rely on multiple compliance vendors across tax, trade, legal, and risk functions, each operating in silos. IT manages ERP systems, operations oversees supply chain, finance owns tax compliance, and legal reviews contracts independently. The result is blind spots where no one sees how changes in one area cascade into others. Forty percent of manufacturers say this fragmentation slows decision-making and innovation, while 54% report it increases financial exposure.

The second problem is technological. While many manufacturers are turning to AI, most tools are too generic to be effective. A general-purpose LLM can summarize a regulation, but it can’t assess how a new forced labor rule in one jurisdiction affects your supplier contracts, duty exposure, and your transfer pricing position at the same time. That kind of reasoning requires AI that is trained on, and embedded within, manufacturing compliance. Generic tools can flag issues; they can’t resolve them with the precision the industry demands.

These two problems reinforce each other. Fragmented systems leave AI tools without full context, while generic AI means applies intelligence that isn’t precise enough – even when the data is shared. Together, they create the compliance burden weighing down the industry.

Embedded, Expert Intelligence Built for Manufacturing

Manufacturers successfully navigating this complexity share a common trait: they’ve moved beyond generic AI and fragmented point solutions to intelligence that is both connected across functions and built around their industry’s specific regulatory reality.

This is where ONESOURCE+, powered by CoCounsel, is fundamentally different, and the distinction is easiest to see in a concrete scenario, like, for example, when a new tariff is announced. With generic AI and disconnected systems, the impact unfolds sequentially – trade flags the change, tax recalculates pricing, and procurement adjusts weeks later, after margins are already at risk. That same tariff change triggers a need for updates across trade classification, indirect tax, and transfer pricing workflows. Our AI is trained specifically on manufacturing compliance rather than general knowledge, allowing your experts to make identification of changes fast, and craft actionable remedies based on defensible decisions.

That domain depth matters and products within ONESOURCE+ deliver. ONESOURCE Global Classification AI and Global Trade Management don’t just centralize workflows, they apply classification and FTA intelligence that generic tools can’t replicate. CLEAR delivers purpose-built supplier risk screening for sanctions and forced labor screening across multi-tier supply chains, cutting false positives without cutting accuracy. For legal teams, CoCounsel Legal puts manufacturing-specific regulatory intelligence directly into contract workflows, enabling real-time action instead of manual handoffs.

The results reflect what connected, vertical expertise makes possible: 50% reduction in product classification time, 2.5x faster free trade agreement processing, and 92% fewer false positives in supplier risk screening.

Compliance as a Competitive Weapon

Leading manufacturers are recognizing that compliance isn’t just a cost center, it’s a competitive advantage when powered by the right intelligence. When industry-specific AI connects a tariff change to its downstream impact on tax calculations, supplier contracts, and procurement, and when the systems that share that intelligence talk to each other, compliance data shifts from burden to growth driver.

With connected intelligence, trade insights inform procurement in real time, customs valuations align with transfer pricing, and legal teams move faster using current, manufacturing‑specific regulatory insights. The result: smarter decisions, faster execution, and advantages competitors can’t easily replicate.

As regulatory complexity accelerates, driven by forced labor regulations, evolving trade agreements, and ESG requirements, manufacturers can no longer rely on fragmented or generic tools. The companies that will succeed will replace disconnected point solutions with expert intelligence embedded in operations, trained on the depth manufacturing requires, and capable of connecting regulatory change to real business impact.

The question facing every manufacturing executive is simple: Are your compliance tools connected enough, and smart enough, for your business?

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