Trade law and supply chain news, insights, and commentary
The Trump Administration announced that it will suspend $1.3 billion in trade preferences for certain products from Thailand under the Generalized System of Preferences (GSP) program citing Thailand’s “failure to adequately provide internationally-recognized worker rights.”
GSP provides reduced tariff rates for certain products from certain developing and least developed countries. Per the office of the…
The U.S. Trade Representative (USTR) will soon publish a federal register notice outlining the process for submitting Section 301 exclusion requests for List 4. The USTR noted that if an exclusion is granted, it will effective from the day the first tranche of List 4 tariffs (i.e. “Annex A”) came to effect (i.e. from September…
On September 11, 2019, China’s Ministry of Finance announced exemptions for sixteen (16) U.S. product lines from its retaliatory tariffs against the United States. These exemptions may be viewed as a gesture of good will from China and an attempt to de-escalate the tariff and trade war between the two countries that has been waging …
On September 11, China’s Ministry of Finance announced exemptions for 16 U.S. product lines from retaliatory tariffs. The exemptions are seen as a gesture of good will from China and an attempt to de-escalate the tariff war between the two sides that has been raging on for over a year. Deputy-level trade negotiators from Washington…
According to a Federal Register Notice published on September 3, 2019, the U.S. Trade Representative (USTR) proposes to increase additional duties from 25 percent to 30 percent on the products from China currently subject to Section 301 tariff actions first taken in June, August, and September 2018, with an aggregate annual trade value of…
On August 13, the United States Trade Representative (USTR) released two additional lists of products that will be subject to a 10 percent tariff on approximately $300 billion worth of imported Chinese goods, pursuant to Section 301 of the Trade Act of 1974. The first set of tariffs will go into effect on September 1,…
On August 5th, the U.S. Treasury labeled China a currency manipulator, a move not taken by the United States since the early 1990s, as China allowed its currency to fall to an 11-year low against the dollar. Although the People’s Bank of China played down the drop, it did link it to the…
The United States Trade Representative (USTR) has released a supplemental list of $4 billion worth of products to be added to the proposed tariff pursuant Section 301 of the U.S. Trade Act of 1974 related to the Boeing-Airbus Subsidy Dispute before the World Trade Organization’s (WTO) Dispute Settlement Body. You can find the complete product…
The U.S. Trade Representative (USTR) published a federal register notice today outlining the process for submitting Section 301 exclusion requests for List 3. The USTR noted that if an exclusion is granted, it will effective from the day the 10% tariff came to effect (i.e. from September 24, 2018). The USTR also introduced a new…
Following the U.S. removal of Section 232 tariffs on steel and aluminum products from Canada and Mexico, both countries have officially lifted their retaliatory tariffs.
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