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.
How will the Made in America Office (MIAO) increase reliance on domestic supply chains, and reduce the need for waivers? Find out here and much more regarding this Made In America executive order.
What are some actions you can take to strengthen your supply chain? Find out here, along with all the details on the Biden Administration's immediate action to address vulnerabilities and strengthen resilience of U.S. supply chains.
Adding to the list of cross-border tensions, the first-ever trade enforcement action under USMCA escalated to a new level on Tuesday with the filing of a request by the USTR for a Dispute Settlement Panel over claims that Ottawa is still unfairly blocking U.S. producers from accessing the Canadian dairy market.
USMCA labour complaints are heating up with the filing last week by the Biden administration of a request under the trade deal’s new “Rapid Response Mechanism” concerning alleged violations of workers’ rights at a General Motors plant in Mexico and a reciprocal complaint made the same day by the Mexican government regarding the “lack of application” of labor laws in the U.S. agriculture and meatpacking industries.
A petition filed yesterday by the AFL-CIO together with other union groups against a Mexican auto parts factory is the first test of the USMCA’s novel “Rapid Response Mechanism” for addressing unfair labor practices.
Find out what the latest trade developments are from CBSA determining upholstered seating from China and Vietnam being subsidized and dumped to USMCA being a ‘starting point’ for future trade policies, we've detailed these and much more for you here.