Trade Policy

News & Analysis as of

Key Gains for U.S. Agriculture in Trans-Pacific Trade Agreement

The United States and 11 other Pacific Rim nations – Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – have reached agreement on the landmark Trans-Pacific...more

Trans-Pacific Partnership May Have Far-Reaching Consequences for U.S. Industry

This week, the 12 Trans-Pacific Partnership (TPP) member countries decided the final terms of what they report is a far-reaching agreement (Agreement or TPP Agreement). The 12 TPP countries are Australia, Brunei Darussalam,...more

Trans-Pacific Partnership Agreement Finalized

On Monday, October 5, an agreement on the Trans-Pacific Partnership (TPP) was reached between the Unites States and 11 other Pacific Rim nations. This historic partnership would potentially link 40 percent of the world’s...more

The Trans Pacific Partnership (TPP) Agreement - A 21st century trade agreement with major advantages for Pacific Rim businesses

At a news conference in Ottawa on October 5, 2015, Canadian Prime Minister Stephen Harper praised the TPP as "the largest economic partnership in the history of the world" and "the new gold standard for international trade...more

Cuba Sanctions Relief: Baby Steps Today, But What About Tomorrow?

For more than 50 years, an embargo and related sanctions regime has restricted U.S. businesses and individuals from virtually all economic activity involving Cuba or its nationals. This regime was implemented through a...more

TTIP’s Impact on U.S. and EU Trade Relations

The United States and the European Union (EU) together represent 60 percent of global GDP, 33 percent of world trade in goods and 42 percent of world trade in services. Direct investment in each other’s economies totals more...more

Doing Business in Canada

This Guide provides non-Canadians with an introduction to the laws and regulations that affect the conduct of business in Canada and, in particular, in the province of Ontario. In some cases, this Guide also identifies issues...more

Cuba Sanctions Relief: The Knot Further Loosens

Effective September 21, the U.S. Department of Treasury amended its Cuban Assets Control Regulations (CACR), providing further Cuba sanctions relief. In a coordinated action, the U.S. Department of Commerce simultaneously...more

[Webinar] How Businesses Can Benefit from the New CANADA / EU Free Trade Agreement - Sept. 17th, 10:00am CST

The Government of Canada and the European Union signed a free trade agreement on September 26th, 2014. Because of its widespread implications and the scope of its implementation, the CANADA / EU Free Trade Agreement...more

US China Trade War — Stock Market Crash, Presidential Trade Politics, Trade Policy, Customs, Antitrust and Securities

The Chinese stock market crash and world- wide effect on stock markets around the World has created a crisis with day to day developments. The World Stock market crash stated on August 24, 2015 and went through to August...more

Trade & Manufacturing - August 2015

Services Take Center Stage in TiSA; Goods Sector Should Applaud - With Congress preoccupied with the debate over whether to renew Trade Promotion Authority (TPA) (so-called "fast track" authority) and the merits of the...more

OFAC Provides Guidance to Financial Institutions to Help Comply with Crimea Sanctions Regulations

On July 30, OFAC issued a “Crimea Sanctions Advisory,” highlighting certain actions that have been used to circumvent or evade U.S. sanctions involving the Crimea region as described in Executive Order 13685. The Advisory...more

Renewal of the Generalized System of Preferences (GSP) – How U.S. Importers Can Take Advantage of Significant Duty Savings Under...

The Generalized System of Preferences (GSP), a unilateral U.S. preferential trade program recently renewed by Congress, offers substantial duty savings for U.S. importers of qualifying merchandise. The GSP is intended to aid...more

OFAC Warns Financial and International Trade Sectors on Evasion of Crimean Sanctions

On Dec. 19, 2014, President Obama issued Executive Order 13685, “Blocking Property of Certain Persons and Prohibiting Certain Transactions With Respect to the Crimea Region of Ukraine,” to impose sanctions relating to the...more

Eliminating Tariffs on Information Technology (IT) Products: Expanded WTO List on the Horizon

On July 24, 2015 the World Trade Organization (WTO) announced that negotiators had agreed on a list of products and draft declaration to expand the product scope of the 1996 Information Technology Agreement (ITA). The...more

EU Customs Practice Group - June 2015

EU CUSTOMS POLICY - Union Customs Code Developments It has become clear that there are further delays in finalising the draft Union Customs Code (UCC) Implementing and Delegated Acts within the Commission, in light of a...more


Because of the substantial activity in May, June and July with the passage of Trade Promotion Authority (“TPA”) and the ongoing Trans Pacific Partnership (“TPP”) negotiations, this blog post is being split into two parts. ...more

Trade & Manufacturing - News of Note - July 2015

State and Commerce Departments Seek Input from Industry on Elements of Export Control Reform - In recent weeks, the State Department and the Commerce Department have published in the Federal Register several proposed...more

WTO Finds That COOL Is Simply Not Cool, and House of Representative Agrees

The most recent chapter in the dispute over U.S. country-of-origin labeling (COOL) requirements for meat products resulted in a loss for the United States. In a May 18 report, the World Trade Organization's (WTO) Appellate...more

President Signs into Law Trade Promotion Authority, Extension of TAA, Trade Preference Programs and Changes to US Trade Remedy Law

On Monday, June 29, 2015, President Obama signed into law a bill renewing Trade Promotion Authority (TPA) (H.R. 2146), as well as legislation reauthorizing Trade Adjustment Assistance (TAA 2015) and U.S. trade preference...more

Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days

As we reported last month, quick-strike action by the Senate on May 22 to pass Trade Promotion Authority (TPA) included within the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (the Trade Act of...more

June Trade Legislation Tracker

Sponsor: Marchant (R-Texas) - A bill to amend the Harmonized Tariff Schedule of the United States to exempt from duty residue of bulk cargo contained in instruments of international traffic previously exported from the...more

June Legislative Update

The legislative trade agenda continued to move forward over the past several weeks with the enactment of important legislation resulting in a key victory for President Obama. After a temporary setback in the House,...more

Congress, WTO Turn Up the Heat on COOL

Recent House Action - Lost amidst the debate over Trade Promotion Authority, Trade Adjustment Assistance, and the Trans-Pacific Partnership Agreement, the House recently voted 300-131 to pass H.R. 2393, the Country of...more

Comprehensive U.S. Trade Legislation Finally Arrives—An Overview of its Key Components

While most of the Congressional trade debate has centered around whether to renew Trade Promotion Authority (so-called “fast track” authority) and the merits of the Trans-Pacific Partnership, the full package of trade...more

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