Dispute Looming Over USTR’s Interpretation of USMCA Auto Rules Trade Update • JULY 26, 2021 .......
Four U.S. Cabinet agencies last week issued an advisory alerting companies about the shifting legal landscape in Hong Kong and warning them of the possibility that engaging with Hong Kong business could incur reputational and legal damages.
A joint announcement earlier this week from the U.S. Treasury Department and the State Bank of Vietnam that an agreement has been reached to address U.S. concerns with Vietnam’s currency practices has, for the time being at least, removed the threat of punitive Sec. 301 tariffs being imposed on Vietnamese imports.
A proposed amendment by CBP would expand the scope of the tariff-shift based “NAFTA Marking Rules” in 19 C.F.R. Part 102, and make them applicable to all non-preferential origin determinations for goods imported from Canada or Mexico.
The new advisory urges U.S. businesses to exit supply chains connected to Xianjing and warns that those who do not “could run a high risk of violating U.S. law.”
Reversing a 2020 ruling by the Court of International Trade, the U.S. Court of Appeals for the Federal Circuit yesterday issued a decision upholding the former administration’s authority to hike tariffs on Turkish steel imports.
Find out more about a recent CBP ruling that says a commercial vehicle manufacturer can add a Tier 2 supplier’s costs of processing within USMCA territory to the USMCA costs of its Tier 1 supplier, even though the Tier 2 costs were not sufficient to result in an originating material.
Are U.S. farmers still being denied their fair share of the supply-managed Canadian market? U.S. trade officials and dairy industry advocates think so and an official submission has been made to dispute the way Canada administers dairy import quotas in accordance with USMCA. Find out all the details here.