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Tariffs Most-Favored Nations

BakerHostetler

New Tariffs on Russian Goods

BakerHostetler on

As reported in BakerHostetler’s alert of April 11, 2022, President Biden recently signed into law a bill revoking Russia’s most-favored nation, or MFN, trade status. The new law imposed non-MFN tariffs on Russia (and Belarus)...more

Dorsey & Whitney LLP

United States Bans Russian-Affiliated Ships from Entering Any U.S. Port

Dorsey & Whitney LLP on

On April 21, 2022, President Biden further expanded U.S. sanctions against Russia due to its invasion of Ukraine by issuing a new Presidential Proclamation 10371 (“Proclamation 10371”) to bar all Russian-affiliated vessels...more

Dorsey & Whitney LLP

U.S. Government Sanctions Sberbank and Alfa Bank, Prohibits All New Investments in Russia, and Imposes New Export Restrictions...

Dorsey & Whitney LLP on

On April 6, 2022, the U.S. Government announced its latest round of sanctions against the Russian Federation in coordination with the European Union (“EU”) and other allies. President Biden issued Executive Order 14071 (“EO...more

BakerHostetler

Revocation of Russia's MFN Status

BakerHostetler on

As reported in BakerHosteler’s Alert of March 14, 2022, last month President Biden announced that the United States intended to revoke Russia’s most-favored nation (MFN) trade status (also known as Permanent Normal Trade...more

Baker Donelson

Update on Escalation of Sanctions on Russia

Baker Donelson on

In our February 25 alert, we discussed the U.S. implementation of significant sanctions and export controls on Russia which will severely impact business transactions with Russian entities. In our March 4 alert, we discussed...more

Clark Hill PLC

United States and Its Allies Move to End Normal Trade Relations With Russia

Clark Hill PLC on

On March 11, President Biden announced that the United States, along with the Group of Seven (“G7”) and the European Union, is taking action to deny Russia most-favored-nation (“MFN”) status, a move that will significantly...more

Wiley Rein LLP

Impact of U.S. Revocation of Permanent Normal Trade Relations with Russia

Wiley Rein LLP on

On March 11, 2022, President Biden called on Congress to revoke permanent normal trade relations (PNTR) with Russia. In a fact sheet regarding actions being taken simultaneously with the European Union and Group of Seven (G7)...more

Dorsey & Whitney LLP

U.S. Expands Russian Energy Sector Sanctions, Proposes Major Tariff Hikes on Nearly All Russian-Origin Goods & Imposes New...

Dorsey & Whitney LLP on

As part of its expanding sanctions against Russia, the Biden Administration on March 8, 2022, issued Executive Order 14066 (“EO 14066,” see here) to bar imports into the United States of Russian crude oil, petroleum;...more

BakerHostetler

United States and Others to Revoke Most-Favored-Nation Status from Russia

BakerHostetler on

On March 11, 2022, President Biden and the G7 (a group of countries that includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) jointly announced their intention to take steps to revoke...more

Stikeman Elliott LLP

Further Canadian Responses to Russia’s Invasion of Ukraine

Stikeman Elliott LLP on

Canada has imposed further restrictions on Russia due to its continuing invasion of Ukraine. These restrictions are in addition to those already imposed in the Special Economic Measures (Russia) Regulations as described in...more

Hogan Lovells

President Trump Issues Executive Order Postponing Customs Payments for 90 Days

Hogan Lovells on

On 19 April, President Trump issued an Executive Order providing for a temporary 90-day deferral, of estimated payments of duties, taxes, and fees to Customs and Border Protection (CBP) by importers “suffering significant...more

White & Case LLP

New EU Horizontal Regulation on safeguard measures in FTAs to increase efficiency and transparency

White & Case LLP on

On 14 March 2019, the EU Horizontal Safeguard Regulation 2019/287 ("HSR") entered into force to streamline the implementation of bilateral safeguard measures in EU trade agreements concluded with third countries....more

White & Case LLP

The CPTPP Enters into Force: What Does it Mean for Global Trade?

White & Case LLP on

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on December 30, 2018. The Agreement will significantly impact trade among its ratifying Parties—currently including...more

Snell & Wilmer

New NAFTA Creates Opportunities for North American Businesses

Snell & Wilmer on

The United States, Canada, and Mexico have reached an agreement to update the North American Free Trade Agreement (NAFTA) after more than a year of negotiations. Rebranded as the U.S.-Mexico-Canada Agreement, or USMCA, the...more

Sheppard Mullin Richter & Hampton LLP

Predicting the Unpredictable: Will Tariffs Under President Trump Cause a Trade War With China?

President Trump has stated that he would impose tariffs on imports from China ranging from ten to forty-five percent. Can he do it? And will it cause a trade war? The Effects of Increased Tariffs - In the 18th...more

Foley & Lardner LLP

International Trade Litigation and the New Trump Administration: Your Top Ten Questions Answered

Foley & Lardner LLP on

Globalization and the need to efficiently deploy corporate resources have led many multinational companies to establish global supply networks. Although these efforts often lead to the efficient deployment of capital,...more

Holland & Knight LLP

¿Qué Podría Ocurrir con la Relación Comercial Bilateral México-Estados Unidos Después de las Elecciones?

Holland & Knight LLP on

Los resultados electorales de esta semana en los Estados Unidos requieren de un análisis serio sobre las consecuencias que pudieran llegar a tener las declaraciones realizadas durante la campaña por el nuevo Presidente electo...more

Holland & Knight LLP

What Might Be Next for U.S.-Mexico Bilateral Trade After the Election?

Holland & Knight LLP on

This week's electoral results in the United States require a serious analysis of the consequences due to some of the statements made by new President-Elect Donald Trump during the campaign, which could impact trade and...more

BCLP

Impact of Brexit on Existing US Trade Relationships May Be Limited (IRB No. 556)

BCLP on

It appears that the United Kingdom will exit the European Union as a result of the vote taken in the so-called Brexit referendum. Although the full impact of Brexit is hard to predict, it appears that its effects on United...more

King & Spalding

WTO Agreement Reached on Tariff-Cutting Deal for Information Technology Products

King & Spalding on

On July 24, members of the World Trade Organization (WTO) announced that they had reached a tentative deal to expand duty-free treatment under the Information Technology Agreement (“ITA”). The ITA, originally reached in 1996,...more

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