The Biden administration is reportedly considering launching an investigation into China’s widespread use of industrial subsidies under Section 301 of U.S. trade law, a move that could lead to additional tariffs on Chinese imports.
The Trudeau government recently announced the launch of consultations with the public on border carbon adjustments as part of Canada’s transition to a low-carbon economy, a move that could in the future have a significant impact on many importers and exporters.
What are the key actions recommended to remedy the ongoing congestion and other bottleneck issues in the ocean transport supply chain that have been exacerbated due to the COVID-19 pandemic? Find out here.
A year-long disagreement over interpretation of a key provision the USMCA's more stringent auto rules may be headed for a dispute resolution panel after talks in Washington last week between the U.S. and Mexico failed to make any progress on the issue.
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.
Trade ministers from the three countries gathered in Washington, D.C. this week to commemorate the one-year anniversary of the United States-Mexico-Canada Agreement’s coming into effect and to discuss its “achievements, challenges, and potential.”
As the Biden administration looks to tighten up existing “Buy America” government procurement policies, a special committee of MPs says the Trudeau government should attempt to secure a wider range of exemptions for Canadian firms that would recognize the integrated nature of cross-border supply chains between the two countries.
Following a summit in Brussels, the United States and EU countries have agreed to put $12 billion worth of retailiatory tariffs on hold for another 5 years as part of a new “cooperative framework” to resolve the long-running WTO dispute over state subsidies for aircraft manufacturers Airbus and Boeing.