U.S. and Vietnam Reach Agreement on Alleged Currency Manipulation

2021-07-22T13:59:40+00:00July 21st, 2021|International Trade Issues, Other Government Agencies/Depts.|

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.

U.S. and EU Agree to Suspend Retaliatory Tariffs in Airbus-Boeing Dispute for 5 Years

2021-06-17T15:19:59+00:00June 16th, 2021|International Trade Issues, Other Government Agencies/Depts.|

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.

Weekly Trade Briefing: June 7-11, 2021

2021-06-16T15:27:44+00:00June 15th, 2021|Canada Customs, International Trade Issues, Other Government Agencies/Depts., Trade Compliance, U.S. Customs|

Find out what the latest trade developments are from CBSA workers holding strike votes over pay and 'toxic workplace culture' - to a ruling where #importers must file protests with CBP in order to preserve their ability to obtain duty refunds in connection with exclusions from Section301 tariffs, we've detailed these and much more for you here.