News & Analysis as of

World Trade Organization

WTO and FAO Issue Publication on Trade and Food Standards

by Kelley Drye & Warren LLP on

The World Trade Organization (WTO) and the UN Food and Agriculture Organization (FAO) recently issued a joint publication, Trade and Food Standards, which discusses the development of international standards and the need for...more

NAFTA Renegotiations: Status update

by King & Spalding on

The United States, Canada, and Mexico each are moving ahead with preparations for the renegotiation of the North American Free Trade Agreement (“NAFTA”), with the first round of talks to take place in Washington from August...more

Cattle Groups Sue USDA to Compel Country of Origin Labeling (COOL); Launching Newest Standoff in Longstanding COOL Dispute

by Kelley Drye & Warren LLP on

Two groups representing U.S. cattle producers recently brought suit against the United States Department of Agriculture (USDA) based on the agency’s March 2016 decision to revoke regulations requiring that beef and pork...more

EU — PET (Pakistan)

by White & Case LLP on

Decision - A WTO Panel has upheld the majority of claims advanced by Pakistan against countervailing duties (CVDs) imposed by the European Commission on certain imported polymers....more

Trade & Manufacturing Alert - July 2017

by King & Spalding on

Ambassador Lighthizer Visits Congress To Discuss The President’s Trade Policy Agenda - In June, the Senate Finance Committee and Ways and Means Committee of the House of Representatives held hearings on the new...more

Trade & Manufacturing - News of Note - July 2017

by King & Spalding on

Update on Border Adjustment Tax - On June 13, 2017, House Ways and Means Committee Chairman Kevin Brady (R-TX) suggested a five-year phase-in for the border-adjustment tax (BAT). The BAT proposal, a key part of Republican...more

Argentina's Law 27,263 is strongly criticized at the WTO Market Access Committee for local content requirements in the automotive...

by King & Spalding on

At an informal meeting of the WTO Market Access Committee on 23 June 2017, several WTO Members raised concerns about Argentine Law No. 27,263‘Regime for the Development and Strengthening of the Argentine Auto-Parts Industry:...more

Border Adjustment Tax Discussed During House Ways & Means Hearing On Tax Reform

by King & Spalding on

On May 18, 2017, the House Ways and Means Committee, which writes the nation’s tax laws, hosted its first hearing of the year on tax reform. The Committee gathered a group of business leaders to testify on the best...more

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

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