On 22 September 2021, the European Commission (“Commission”) published its legislative proposal (“GSP Proposal”) for the EU new Generalised Scheme of Preferences (“GSP”) which is due to expire on 31 December 2023. The GSP...more
On May 27, 2021, the U.S. Senate voted to amend the United States Innovation and Competition Act (the Act), formerly the Endless Frontier Act, a bill that started as an effort to increase the United States competitive...more
After months of negotiations, Congress passed an omnibus legislative package on Dec. 22, 2020, that funds the government through September 2021 and includes a package of hard-fought COVID-19 relief measures. Also included was...more
While many of us anxiously await putting 2020 behind us, the start of the new year may have significant import duty implications for many U.S. companies. On December 31, two significant U.S. import duty relief programs are...more
The UK Department for International Trade announced on February 6, 2020 that it is preparing the UK’s own WTO tariff schedule, expected to enter into force on January 1, 2021. What does this mean for your business? The...more
Just when moving manufacturing from China to Mexico seemed like an option, the threat of U.S. tariffs on Mexico emerged. Despite a reported agreement by Mexico and the Trump administration, the tariff threat admittedly...more
USTR Publishes Notice on Increase in Section 301 List 3 Tariff Rate- On May 8, 2019, USTR released its federal register notice on the tariff increase for the third tranche (List 3) Section 301 tariffs on China. The duty...more
On June 29, 2015, President Obama signed into law the Trade Preferences Extension Act of 2015 (HR 1295). Among other actions, the law revives the Generalized System of Preferences (GSP) program, a trade preferences program...more
On June 29, President Obama signed into law the Trade Preferences Extension Act of 2015 (“the Act”). This legislation extends certain U.S. trade preference programs through which the United States grants duty-free treatment...more
With the end of July approaching, Congress has finally turned some of its attention to addressing overdue international trade matters. However, it may be too late to prevent at least a temporary disruption to importers who...more