At a White House ceremony on Wednesday, January 15, 2020, U.S. President Donald Trump and Chinese Vice Premier Liu He met to sign Phase 1 of the Trade Deal that has been negotiated since May 2019 in order to end any further escalation in the trade war between the two countries. The agreement consists of
Commerce Initiates Investigations on Forged Steel Fluid End Blocks from China, Germany, India, and Italy
On January 9, 2020, the Department of Commerce (“Commerce”) initiated the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of forged steel fluid end blocks from China (CVD only), Germany, India, and Italy. For more detailed information, please refer to the Department’s Factsheet.
The investigations will now proceed to the next step,
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
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
Opportunity to Request Administrative Review
On January 2, 2020, Commerce announced in the Federal Register the opportunity to request an annual administrative review for products that are currently subject to antidumping and countervailing duties. As part of this annual review process, Commerce intends to select respondents based on U.S. Customs and Border Patrol (CBP) data for U.S. imports during the
USTR Requesting Comments on Extending March 2019 Section 301 List 1 Product Exclusions
The Office of the U.S. Trade Representative (“USTR”) announced that it is seeking comments from interested parties on whether or not to extend previously granted Section 301 exclusions for another year. The List 1 exclusions, which were originally granted on March 25, 2019, are set to expire on March 25, 2020, but USTR is considering
Opportunity to Request Administrative Review
On December 6, 2019, Commerce announced in the Federal Register the opportunity to request an annual administrative review for products that are currently subject to antidumping and countervailing duties. As part of this annual review process Commerce intends to select respondents based on U.S. Customs and Border Patrol (CBP) data for U.S. imports during the
Trump Threatens to Prolong the Trade War with China and Start a New One with France
At a NATO meeting on Tuesday, December 3, 2019, President Trump declared that he was prepared to wait to negotiate a trade agreement with China until after the 2020 U.S. presidential election, dashing hopes that “phase one” of an interim agreement was to be reached soon. The 15% Section 301 List 4b tariffs are likely
November 2019 Trade Law Update
In Husch Blackwell’s November 2019 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law.
- USTR Announces New Round of Product Exclusions
- U.S.-China Trade Dispute Status Update
- WTO Authorizes China to Impose Tariffs against U.S.
- An update on U.S. Department of Commerce decisions
- U.S. International Trade Commission –
Trump Administration to Restore Section 232 Steel and Aluminum Tariffs on Argentina and Brazil
President Trump unexpectedly announced via Twitter on Monday, December 02, 2019 that the 25% Section 232 steel and aluminum tariffs that were enforced globally in 2018 would be reinstated on imports from Argentina and Brazil, claiming that a “massive devaluation” of the countries’ currencies has given them an unfair trade advantage. Like Canada and Mexico,