European Union (EU)

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On May 5, 2021, the European Commission unveiled a proposal for a Regulation “on foreign subsidies distorting the internal market.” This legislative initiative is aimed at remedying potential distortions of competition  in the EU caused by companies receiving subsidies from non-EU governments. The proposal provides for three new regulatory tools, i.e., a mandatory filing obligation…

On May 17, 2021, European Commission Executive Vice President Valdis Dombrovskis announced that the European Union will temporarily suspend the increase of its rebalancing measures related to the Unites States’ Section 232 steel and aluminum tariffs. The tariffs, previously scheduled to go into effect on June 1, 2021, would increase duties on U.S. products…

Brexit Presentation and Discussion During IT Distributors and Resellers Credit Forum Webinar

Crowell & Moring LLP Partner Vassilis Akritidis will be presenting and leading a discussion on Brexit during the IT Distributors & Resellers Forum webinar on April 15, 2021, from 09:30 to 13:00 BST.

To register, please click here.

Vassilis is a partner…

As COVID-19 vaccination rates increase globally, governments across the world are developing and discussing COVID-19 vaccine passports or health certificates as a way to enable people to travel safely, for work or tourism, in the coming months. As multinational companies are navigating how to resume some sense of normalcy for employees to travel across borders,…

On March 9, 2021, the European Union released the Implementing Regulation suspending retaliatory tariffs resulting from the large civilian aircraft dispute. This Regulation implements the EU-US agreement to suspend retaliatory tariffs imposed by Regulation 2020/1646. The announcement comes after the U.S. and UK released a joint statement last week outlining a four-month suspension of…

On February 18, 2021, the European Commission unveiled its new trade strategy. The strategy aims to address the economic fallout from the coronavirus, climate change, and growing international tensions, while also reaffirming support for a rules-based multilateral trading system. The proposed measures range from WTO reform and digital trade initiatives, to tackling forced labor…

On February 11, 2021, the Biden Administration decided not to increase tariffs against the European Union. In a Federal Register notice released today (Feb 12th), the Administration announced that “The U.S. Trade Representative together with the affected United States industry have agreed that it is unnecessary at this time to revise the action…

The incoming Biden administration faces a number of serious international trade issues, including increased tensions with China, the implementation of Brexit, and last, but far from least, a global pandemic that continues to impact global supply chains, mobility, and many other aspects of our interconnected world. Join us as we identify these issues along with…

In response to recent action by the European Union in the Large Civil Aircraft (Boeing-Airbus) Dispute in the World Trade Organization (“WTO”), the United States Trade Representative (“USTR”) has announced the inclusion of additional products to the list of EU goods subject to Section 301 tariffs.

Section 301 tariffs will apply to specified additional products…

On December 7, 2020, The Council of the European Union adopted a global human rights sanctions regime, similar to the Magnitsky Sanctions program used by the Department of the Treasury’s Office of Foreign Assets Control (OFAC). The EU’s framework will permit it to target individuals, entities, and bodies, whether state or non-state actors, and…