News & Analysis as of

World Trade Organization

Globalization in the Trump Era: A Snapshot at Five Months

by Holland & Knight LLP on

The era of globalization may not be over, but the post-World War II global trading regime is undergoing a period of stress last seen during the demise of the Bretton Woods exchange mechanism in the early 1970s. I. General...more

Trade Remedies in the Age of Trump: Impact on Canadian Businesses

by Bennett Jones LLP on

The election of U.S. President Donald Trump has heralded a new protectionist era of international trade. Since Trump's inauguration, the U.S. has withdrawn from the Trans-Pacific Partnership agreement, initiated discussions...more

Brexit: A Softer Brexit Back on the Table?

by Dechert LLP on

The result of the UK’s general election on 8 June has reignited speculation that the UK government might pursue a softer Brexit. In this update, we provide a reminder of the main “softer” Brexit models which had previously...more

Boletín Mensual de Comercio Internacional: Mayo - Información con énfasis en la Regulación Comercial y de Arbitraje Internacional

by Holland & Knight LLP on

Comercio U.S. Trade Representative - Estados Unidos notificó a su Congreso la intención de iniciar negociaciones con Canadá y México en relación a la modernización del Tratado de Libre Comercio de América del Norte, las...more

The American Agenda on Trade: What's Happened and What's Next?

by Jones Day on

The Trump Administration's early actions on trade policy largely reflect the "America First" agenda candidate Trump promoted during the 2016 campaign. For example, a March Executive Order initiated efforts to identify and...more

Orrick's Financial Industry Week In Review

Financial Industry Developments - Changes Proposed to CAS and STACR Programs - On May 8, 2017, Fannie Mae and Freddie Mac announced that they are considering certain changes to the structure of their CAS and STACR...more

BBA Brexit Quick Brief on UK WTO Profile and FTAS

On May 10, 2017, the British Bankers’ Association (BBA) published a Brexit quick brief: “External trade policy and a UK exit from the EU – the UK’s WTO profile and beyond”. The UK’s decision to leave the EU means that...more

EU Ambassadors Approve Council’s Position

by McGuireWoods LLP on

On 3 May 2017, European Union (EU) ambassadors approved the European Council's position on a new, country-neutral methodology for assessing market distortions in third countries. This is a step forward in the EU’s legislative...more

The National Security Investigation Of Steel Products

by Reed Smith on

The Commerce Department invoked a rarely used statute to begin an investigation into whether the current levels of steel imports are endangering our country’s national security. We expect that the investigation will be...more

Boletín Mensual de Comercio Internacional: Abril - Información con énfasis en la Regulación Comercial y de Arbitraje Internacional

by Holland & Knight LLP on

Durante el mes de abril destacan los siguientes temas: Comercio, Acceso, Propiedad Intelectual, Competencia Económica, Arbitraje...more

“Buy American” – President Trump Orders Federal Agencies to Enforce Government Procurement Rules

by K&L Gates LLP on

President Trump’s “Buy American” agenda continues to pick up steam. Following up on earlier executive action prioritizing use of American-made steel in new pipeline construction, President Trump has ordered federal agencies...more

The Buy American and Hire American Executive Order: What It Means For Supply Chain Management

by Jones Day on

In our December 2016 Commentary on the "Government Contracts Ramifications of the Trump Election" and our January 2017 update, we predicted that the Trump Administration would seek to strengthen domestic preferences in...more

Development of the practice of challenging import customs duty rates as contrary to Russia’s WTO commitments

by Dentons on

The Russian Federation has been a member of the World Trade Organization (WTO) since August 22, 2012. As one of the conditions for its accession to the WTO Russia undertook a number of commitments that are defined in the...more

OMC Autoriza a México a Suspender Beneficios Comerciales a Estados Unidos en la Disputa del Atún

by Holland & Knight LLP on

México es uno de los pocos países a los que se les ha autorizado adoptar medidas de retorsión en contra de los incumplimientos de sus socios comerciales, y que ha hecho uso de esa autorización....more

The liberalization of Canadian foreign investment review continues

by Dentons on

The Investment Canada Act (ICA) threshold for review of direct acquisitions of Canadian businesses by World Trade Organization (WTO) investors (or from WTO investors) has increased from CA$600 million to CA$800 million in...more

WTO Authorizes Mexico to Suspend Trade Benefits to U.S. in Tuna Dispute

by Holland & Knight LLP on

Mexico is one of the few countries that has been authorized to adopt retaliatory measures against noncompliance of its trading partners' obligations, and it has made use of this authorization....more

Trump Administration Launches Probe of Steel Imports Under Trade Expansion Act

Invoking statutory authority not used in almost two decades, President Trump on April 20, 2017, directed the U.S. Department of Commerce (DOC) to conduct an investigation into the effects of steel imports on U.S. national...more

Buy American Executive Order Means Renewed Obligations for Government Contractors

by Bass, Berry & Sims PLC on

On April 18, President Trump signed the “Presidential Executive Order on Buy American and Hire American” (the Order), which declares the Executive branch’s policy to buy American goods and rigorously enforce and administer...more

Business Tax Reform – the Current State of Play

by Ballard Spahr LLP on

President Donald J. Trump campaigned on a platform of large tax cuts for businesses. With President Trump in the White House and Republicans controlling both the House of Representatives and Senate, does it mean businesses...more

3 Things Contractors Should Do Now to Ensure “Buy American” Compliance in the Wake of Trump’s Executive Order

by Carlton Fields on

"Buy American, Hire American" is no longer just a campaign slogan. It is the subject of an Executive Order signed by President Trump on April 19. The order details the Trump administration’s policy of ensuring compliance with...more

New E.O. Reinforces President Trump's "Buy American" Agenda

by Hogan Lovells on

On April 18, 2016, President Donald Trump signed the executive order “Buy American and Hire American” aimed at maximizing the federal government’s use of goods, products, and materials produced in the United States. The E.O....more

Trade & Manufacturing - News of Note - April 2017

by King & Spalding on

United States and Japan May Discuss Trade Agreement - Japanese Finance Minister Taro Aso has expressed a desire that ongoing economic dialogue between the United States and Japan include discussions on free trade and...more

Top Brexit developments in 2017 for ADG companies

by Hogan Lovells on

On 23 June 2016, the people of the United Kingdom (UK) voted in a referendum to leave the European Union (EU). The UK Government gave the EU formal notice of its intention to withdraw from the EU on 29 March 2017. This...more

Night Note: The 1st 100 Days: Trump-Xi Meeting

by Alston & Bird on

After a two-day meeting between President Trump and Chinese President Xi Jinping held in Florida last week, the two leaders agreed on a 100-day deadline to deliver results. Commerce Secretary Wilbur Ross stressed the goal to...more

Prepared for the Border Adjustment Tax? A U.S. and Global Perspective

by K&L Gates LLP on

K&L Gates' Global Tax Group has been monitoring the potential impact of the Border Adjustment Tax (BAT) across a number of jurisdictions. In our 14 February 2017 update, we commented that issues regarding the legality of...more

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