The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has announced that its 33rd Annual Conference on Export Controls will take place in Washington, D.C. from June 29 to July 1, 2020. The conference attracts attendees from various sectors to learn about and discuss relevant export control issues. The Annual Conference will
China to Reduce Tariffs on $75 Billion of U.S. Goods
China’s Ministry of Finance announced today that China will reduce tariffs by up to fifty percent on certain U.S. imports as the two countries move forward to implement “Phase One” of the trade deal signed on January 15, 2020. China’s tariff cuts will affect U.S. goods worth approximately $75 billion and will reduce duty rates
January 2020 Trade Law Update
In Husch Blackwell’s January 2020 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law.
- President Trump Signs USMCA
- Expansion of Section 232 Steel and Aluminum tariffs to cover certain derivative articles
- U.S. and China Sign Phase One Trade Agreement
- U.S., EU, and Japan Trade Ministers Issue Joint
Certain Firearms, Ammunition and Accessories To Undergo Export Regulation Update
On Thursday, January 23, 2020, the U.S. Department of State – Directorate of Defense Trade Controls (“DDTC”) and U.S. Commerce Department – Bureau of Industry and Security (“BIS”) published new coordinated final rules which will take effect on Monday, March 9, 2020. On that date, the DDTC rule will remove specifically identified firearms, ammunition, accessories
Trump Administration Announces 25% Tariffs on Finished Steel Products and 10% Tariffs on Aluminum Products
In a surprise announcement after hours on Friday January 24, 2020, the White House announced that it plans to impose an additional 25 percent tariff on some steel articles and 10 percent on some aluminum articles starting February 8, 2020 under Section 232 of the Trade Expansion Act of 1962. A proclamation issued by the
Trump Administration Expands Iran Sanctions to New Sectors in Recent Executive Order
In a January 10th Executive Order, President Trump expanded sanctions on Iran after a ballistic missile attack on two American military bases in Iraq. Executive Order 13902 expands secondary sanctions on Iran to include “significant” or “material” support transactions between non-U.S. persons and Iran’s construction, mining, manufacturing, and textiles sectors as potentially sanctionable
U.S.-Mexico-Canada Agreement (USMCA) Passes Senate
Today, the U.S.-Mexico-Canada Agreement (USMCA) passed the U.S. Senate by a vote of 89 to 10. While some Senators expressed disapproval over the deal for various reasons, passage of the USMCA enjoyed a great deal of bipartisan support after Democrats in the House of Representatives negotiated for more labor enforcement mechanisms that earned the endorsement
New Year, New Incoterms®
One of the first changes for this new year is the implementation of new Incoterms® 2020 starting on January 1, 2020. The Incoterms® rules, published by the International Chamber of Commerce (ICC), are the world’s essential terms of trade for the sale of goods. Incoterms® provide specific guidance to individuals and entities participating in the
International Trade Law: 2019 Year in Review & 2020 Outlook
As we kick off a new year, Husch Blackwell’s International Trade and Supply Chain team offers an analysis of events that shaped the international trade landscape in 2019 as well as insight into what international trade issues are on the horizon in 2020 in a recently published white paper.
The “International Trade Law: 2019
December 2019 Trade Law Update
In Husch Blackwell’s December 2019 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law.
- USMCA Passes House, Setting Stage for Vote in the Senate in 2020
- U.S.-China Reach “Phase One” trade agreement
- USTR Announces New Round of Product Exclusions
- USTR to Expand List of EU Imports Subject