The U.S. Trade Representative (USTR) issued a draft Federal Register notice outlining its process to review the Section 301 duties imposed on imported goods pursuant to the Large Civil Aircraft Dispute with the European Union (EU). This review is required by statute (Section 306(b)(2) of the Trade Act of 1974) and may result in goods
In retaliation for the United States’ expansion of Section 232 tariffs in February to cover steel and aluminum derivative articles, the European Union (“EU”) will hit certain U.S.-origin imports with additional tariffs. Duties of 20 percent for lighters and 7 percent for plastic furniture fittings will apply starting May 8, 2020. An additional 4.4 percent
On February 14, 2020, the Office of the U.S. Trade Representative (USTR) announced that it had completed its review of the current Section 301 tariffs due to the ongoing Large Civil Aircraft dispute with the European Union (EU). As previously reported, various European goods (including aircraft, certain textiles and wearing apparel, hardware, cheeses, and other
The Office of the U.S. Trade Representative (USTR) issued a joint statement with the trade ministers of Japan and the European Union (EU) following a meeting between the three ministers on January 14, 2020. The joint statement announces the three economic powers’ frustrations with the World Trade Organization’s (WTO) current countervailable subsidy measures and their
On December 12, 2019, the Office of the United States Trade Representative (“USTR”) announced in a Federal Register notice that they are reviewing the action taken as a result of the Large Civil Aircraft dispute with the European Union. USTR is requesting comments on whether any products currently subject to additional duties should have those
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
The U.S. is set to levy 25% tariffs on imports of specified European foods in response to the World Trade Organization’s (“WTO”) decision on October 2, 2019, that the European Union (E.U.) provided subsidies to Airbus at the expense of Boeing and the United States. These new tariffs will affect approximately $7.5 billion beginning today,
On October 2, 2019, the World Trade Organization (WTO) Arbitrator ruled in favor of the United States and Boeing in its dispute against the European Union and Airbus on the subsidies provided by the E.U. to Airbus. The ruling permits the U.S. to levy retaliatory tariffs on approximately $7.5 billion worth of European exports to
The Office of the U.S. Trade Representative (USTR) announced on July 1, 2019 a proposed list of tariffs on approximately $4 billion worth of products from the European Union (EU). This is a supplemental list to the April 12, 2019 proposed tariffs with an approximate trade value of $12 billion.
According to USTR, this action is designed to pressure the EU to implement the World Trade Organization’s (WTO) Dispute Settlement Body recommendations in regard to the United States’ WTO dispute against the EU’s subsidies on large civil aircraft.
Interested parties can appear at a public hearing or file comments on the proposed list.
Continue Reading July Trade Law Update: Presidential Actions
Husch Blackwell announces its February Trade Law Newsletter on key issues and announcements related to International Trade and Supply Chain.