Timely news and analysis of the latest developments in international trade law
On October 11, 2019, the U.S. International Trade Commission (ITC) opened its electronic portal for petitions seeking temporary import duty suspensions and reductions in accordance with the American Manufacturing Competitiveness Act of 2016. The ITC will accept these petitions until December 10, 2019 (see Trump and Trade Update of October 1, 2019).
This process…
On October 7, 2019, U.S. Trade Representative Robert Lighthizer and the Ambassador of Japan to the United States Shinsuke J. Sugiyama signed the U.S.-Japan Trade Agreement and the U.S.-Japan Digital Trade Agreement. The U.S.-Japan Trade Agreement will eliminate or reduce tariffs on certain agricultural and industrial products to enhance bilateral trade and includes numerous…
A World Trade Organization (WTO) arbitrator has ruled that the United States may take countermeasures/implement retaliatory tariffs against the European Union (EU) concerning “adverse effects” arising from EU subsidies provided to Airbus. The arbitrator determined that the United States may request authorization from the WTO’s Dispute Settlement Body (DSB) to take countermeasures at a level…
In a series of notices, the Office of the U.S. Trade Representative (USTR) granted exclusions from Section 301 tariffs for certain imported Chinese products on List 1 (valued at $34 billion), List 2 (valued at $16 billion and List 3 (valued at $200 billion). Products on these lists currently face a 25 percent Section 301…
In September, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) continued to tighten its sanctions on Iran and Venezuela, and addressed a sanctions-evading scheme for Syria involving several Russian entities.
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On October 11, 2019, the U.S. International Trade Commission (ITC) will begin accepting Miscellaneous Tariff Bill (MTB) petitions for duty suspension or reduction. Before opening the process and electronic portal for filings, the ITC will be holding a “MTB Walk-Through” on October 8, 2019, from 11 a.m. to 12:30 p.m. ET. The walk-through will provide…
