The European Commission has unveiled its newly proposed Generalised Scheme of Preferences ("GSP") for the period 2024-2034 – aiming at a more effective system which delivers benefits to where they are needed, and at the same...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
On November 16, 2020, the European Commission (“EC”) debuted their new complaints system for stakeholders to report harmful trade barriers and violations to European Union (“EU”) trade agreements. The “Single Entry Point”...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
India Loses GSP Preferential Status Effective June 5, 2019 In a sudden announcement after 8pm on Friday May 31, 2019, the President made the anticipated decision that India was to be removed from the Generalized System of...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, President Obama signed the Trade Preferences Extension Act of 2015 and extended key preferential trade programs with many of the world's developing economies. These programs include the Generalized System of...more
It was not easily accomplished, but on June 29, 2015, President Obama signed into law a series of trade measures, including Trade Promotion Authority (TPA), providing the administration with rules governing the negotiation of...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