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White & Case LLP

WTO Extends E-Commerce Tariff Moratorium as Broader Negotiations Continue

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The World Trade Organization’s (“WTO”) 13th Ministerial Conference (“MC13”) has extended the e-commerce customs duty moratorium for another two years, providing another short reprieve for digital services companies from the...more

Akin Gump Strauss Hauer & Feld LLP

WTO Dispute Settlement–What to Expect in 2024

The year 2024 holds the potential for significant developments in the World Trade Organization (WTO) dispute settlement mechanism. With the upcoming 13th Ministerial Conference (MC13) in February, members may reach agreements...more

White & Case LLP

Luxury powerhouses turn to M&A amid slowing sales

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Declining consumer spending power is driving down revenues and pushing luxury firms to seek new avenues for growth - Slowing economic growth, hampered by stubborn inflation, has inhibited consumer confidence across the...more

Eversheds Sutherland (US) LLP

EU Foreign Subsidy Regulation applies to US and multinational companies active in the EU as of July 2023, and disclosure of tax...

Beginning July 12, 2023, the European Commission (Commission) may begin “ex officio” investigations of financial contributions that companies receive from non-EU governments. The Commission may request information or conduct...more

Akin Gump Strauss Hauer & Feld LLP

The EU IP Harmonization Package to Include EU-wide compulsory License

Key Points - The EU aims to harmonize patent protection rules and flexibilities with a layer on top of national rules. This is in line with long-term efforts by the EU institutions to harmonize patent rules and motivated,...more

Morrison & Foerster LLP

Summary Note: Connectivity Tax/Fair Share

The EU Commission considers intervening in the commercial relationship between large Content and Application Providers (CAPs) and Internet Access Providers (ISPs) by introducing a sort of compensation payable by certain...more

Akin Gump Strauss Hauer & Feld LLP

Putting a stop to the subsidy war

With the enactment of the U.S. Inflation Reduction Act (IRA) and the announcement of the European Union (EU) Green Deal Industrial Plan, there is now a full-fledged subsidy war between the United States and the European...more

King & Spalding

The EU Regulation on Foreign Subsidies is published – What does it target and what does it involve for companies?

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On 23 December 2022, the new EU Foreign Subsidies Regulation (“FSR”)1 was published in the Official Journal of the EU. The FSR aims at tackling the distortions to the EU internal market caused by subsidies granted by...more

WilmerHale

Final Adoption of the EU's Foreign Subsidies Regulation

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On November 28, 2022, the Council of the European Union (Council) gave its final approval to the proposed Regulation on Foreign Subsidies (Regulation), concluding seven months of negotiations with the EU Parliament. Under...more

WilmerHale

A New UK Subsidy Control System

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Following its exit from the European Union, the United Kingdom (UK) is no longer bound by the EU’s rules governing public subsidies. At the end of April 2022, the UK Parliament passed the Subsidy Control Act 2022, which sets...more

Hogan Lovells

U.S. and EU have reached a settlement regarding Section 232 tariffs on steel and aluminum products

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The U.S. and the EU have announced a settlement regarding the U.S. Section 232 duties on European steel and aluminum products. As part of that settlement, the U.S. Department of Commerce (Commerce) announced that the 25...more

Lowenstein Sandler LLP

Tips for Managing Supply Chain Trade Issues in 2021

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The effect of global trade policies on companies’ supply chains cannot be overstated. Notwithstanding the current port delays, businesses are suffering from increasing production costs, access to efficient labor and...more

White & Case LLP

Evolving trade and competition regulation in the push for green metals

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The metals sector is an attractive target for decarbonization due to the energy-intensive nature of traditional production processes. Carbon: the next frontier of commodities trade tensions - Governments around the...more

White & Case LLP

Fit for 55: EU moves to introduce carbon border adjustment mechanism

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As a key part of the "Fit for 55" European Green Deal package, the European Commission has published its controversial proposal for a carbon border adjustment mechanism ("CBAM"). The CBAM, if adopted, will impose a levy on...more

Husch Blackwell LLP

US-EU Suspend Large Civil Aircraft Tariffs And Take Aim At China In Framework Addressing Non-Market Practices

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The United States and European Union (“EU”) announced a “cooperative framework” to address and potentially resolve their long-running dispute over large civil aircraft subsidies, also commonly known as the Boeing–Airbus or...more

Morrison & Foerster LLP - Government...

Post-Brexit UK Public Procurement Reform

The Procurement Bill announced in the Queen’s Speech at the opening of Parliament in May 2021 was one of 30 new bills on the UK government’s legislative agenda for the coming year. The main aim of the Procurement Bill is to...more

Faegre Drinker Biddle & Reath LLP

Trans-Atlantic Truce: The U.S. and its European Allies Agree to Suspend Tariffs in an Effort to Resolve the Longstanding Dispute...

Viewed by many as a crucial step in the Biden administration’s effort to “rebuild” the trade relationship with traditional U.S. allies in Europe, on March 4, 2021, the United States and the United Kingdom announced a...more

ArentFox Schiff

USTR Tai Takes Control of Trump Tariffs: Some Section 301 Tariffs Suspended and Others May Be Implemented on Six Countries With...

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USTR is soliciting comments and has scheduled hearings regarding the potential imposition of Section 301 tariffs of up to 25% in response to the Digital Services Tax adopted by Austria, India, Italy, Spain, Turkey, and the...more

Holland & Knight LLP

Biden Administration Announces Tariff Trifecta

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In three actions taken last week, the Biden Administration eased the tariff burden carried by numerous industries, including aviation, food, beverage and travel goods, and previewed the administration's approach to engagement...more

Morrison & Foerster LLP - Government...

Post-Brexit Government Procurement In The UK – Spot The Differences

Brexit finally became a reality on 31 December 2020, as the UK reached the end of the agreed Transition Period after the UK’s departure from the EU. The UK government has heralded Brexit as a “historic opportunity to...more

King & Spalding

Enforcing the Level Playing Field in the EU-UK Trade and Cooperation Agreement

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In December 2020, the EU and UK announced the conclusion of a free trade agreement or ‘Association Agreement’, termed the Trade and Cooperation Agreement (“TCA”). The TCA has two core features. First, the TCA is a free trade...more

White & Case LLP

What business needs to know about trading goods under the EU-UK Trade and Cooperation Agreement

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In this alert, we focus on the key takeaways for trade in goods under the EU-UK Trade and Cooperation Agreement ("EU-UK TCA"). Bilateral trade between the UK and EU will be duty free and quota free provided the relevant...more

Foley & Lardner LLP

Brexit: Mexico and the United Kingdom sign Trade Continuity Agreement

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On December 15, 2020, the Mexican Secretary of Economy and the Secretary of State for International Trade of the United Kingdom, issued a joint statement through which they communicated the signing of the UK-Mexico Trade...more

Dorsey & Whitney LLP

BREXIT: So What Does The End-Game Now Look Like?

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Even the most hardened of commentators would have assumed that by the second week of December the UK and EU negotiators would by now have delivered a BREXIT deal, albeit one which was some way off from the original claims of...more

Husch Blackwell LLP

November 2020 Trade Law Update

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In Husch Blackwell’s November 2020 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •The EU imposed tariffs on the U.S. following a WTO decision on Boeing...more

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