News & Analysis as of

World Trade Organization Subsidies

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

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

Faegre Drinker Biddle & Reath LLP

'A New Chapter’: U.S.-European Leaders Turn the Page on the 17-Year Aircraft Subsidies Dispute (At Least for Now)

Hailed as a “new chapter” in the bilateral trade relationship between the U.S. and the European Union (EU), both sides announced on Tuesday during a U.S.-EU summit in Brussels that a deal was reached to suspend (for five...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

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

Husch Blackwell LLP

WTO Rules That EU Can Impose $4 Billion In Tariffs On U.S. Imports

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The World Trade Organization (WTO) issued a decision that the European Union (EU) is authorized to impose tariffs on approximately $4 billion worth of annual imports from the United States, an amount the WTO found to be...more

WilmerHale

Expanding the Geostrategic Toolbox: The EU White Paper on Foreign Subsidies

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On 17 June 2020, the European Commission (‘EC’) issued a White Paper proposing three new regulatory tools to tackle distortive effects that may be caused by foreign subsidies in the EU Single Market (the ‘White Paper’). ...more

Pillsbury - Global Trade & Sanctions Law

Department of Commerce Publishes Regulations Allowing it to Impose Punitive Duties on Products from Countries with Undervalued...

On February 3, 2020, the Department of Commerce published a final rule that amends the regulations for countervailing duty investigations to allow the imposition of duties on countries that undervalue their currencies....more

White & Case LLP

US Department of Commerce Publishes Final Rule on Treatment of Alleged "Currency Undervaluation" in Countervailing Duty...

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On February 4, 2020, the US Department of Commerce (DOC) published a final rule establishing a process by which DOC may treat a foreign country's "currency undervaluation" as a countervailable subsidy for purposes of US...more

White & Case LLP

United States and China Sign "Phase One" Trade Agreement; USTR Implements Tariff Reduction for "List 4A" Goods

White & Case LLP on

On January 15, 2020, President Trump and Chinese Vice Premier Liu He signed "Phase One" of an Economic and Trade Agreement between the United States and China. The Phase One Agreement, which the two sides announced in...more

Dechert LLP

U.S. and China Sign Phase 1 Trade Deal – A Large Purchase Agreement, While Tariffs Remain in Place

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On January 15, 2020, U.S. President Trump and Chinese Vice Premier Liu He signed a Phase 1 trade deal between the countries. The agreement includes a pledge from China to increase its imports of U.S. goods and services by...more

Husch Blackwell LLP

U.S., EU, And Japan Trade Ministers Issue Joint Statement On Subsidy Reform

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The Office of the U.S. Trade Representative (USTR) issued a joint statement with the trade ministers of Japan and the European Union (EU) following a meeting between the three ministers on January 14, 2020. The joint...more

Holland & Knight LLP

U.S. Considers Expansion of Tariffs in Aircraft Trade Dispute

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The U.S. Trade Representative (USTR) published a notification on Dec. 12, 2019, informing the public that it was reviewing the action being taken in the Section 301 investigation involving the enforcement of the United...more

ArentFox Schiff

Holiday Rush: Section 301 Tariff Developments Impact US Importers

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Section 301 of the Trade Act of 1974, 19 U.S.C. § 2411, authorizes the president to take retaliatory action if it is determined that a trade act, policy, or practice of a foreign government is unreasonable or discriminatory...more

King & Spalding

USTR To Review Appropriate Products and Rates for Additional Duties As A Result Of WTO Dispute Regarding Airbus Subsidies

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The United States Trade Representative (“USTR”) has published a notice regarding potential revisions to tariffs imposed as a result of the WTO dispute on Airbus subsidies (the “Review of Action”). The notice is here. USTR...more

King & Spalding

United States Wins WTO Dispute Against India Involving $7 Billion In Export Subsidies

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On October 31, 2019, a World Trade Organization (“WTO”) dispute settlement panel issued a decision in favor of the United States in a dispute challenging a number of India’s subsidy programs. In the dispute, the United States...more

Dickinson Wright

WTO Rules Against India on International Trade Norms Granting a Temporary Win for the United States

Dickinson Wright on

On October 31, 2019, the WTO Dispute Settlement Panel ruled that certain export schemes run by India violate Articles 3.1(a) and 3.2 of the Subsidies and Countervailing Measures Agreement (SCM Agreement). ...more

Kelley Drye & Warren LLP

WTO Determines Indian Export Subsidies Are Prohibited, Must Be Withdrawn Within Six Months

On October 31, 2019, the World Trade Organization (WTO) ruled in favor of the United States in determining that Government of India provides prohibited export subsidies to Indian producers and exporters....more

Society of Corporate Compliance and Ethics...

Sino-US and EU-US trade wars continue to cause hardship for manufacturers

The year-long trade conflict between the U.S. and China has caused a number of economic casualties. North American farmers have struggled, as they watched their primary market for soy and pork disappear,...more

Faegre Drinker Biddle & Reath LLP

World Trade Organization Approves U.S. Tariffs on European Union Goods to Counteract Civil Aviation Subsidies

The World Trade Organization (WTO) has approved U.S. duties on $7.5 billion in products from the European Union (EU) after ruling that the EU had unfairly subsidized the production of large civil aircraft, such as those...more

King & Spalding

United States and European Union Publish Lists of Products That May Be Subject to Retaliatory Tariffs

King & Spalding on

After more than a decade of World Trade Organization (“WTO”) disputes over aircraft subsidies, the United States and European Union have published preliminary lists of products that could face billions of dollars in...more

Holland & Knight LLP

Boletín Mensual de Comercio Internacional: Enero - Información con Énfasis en la Regulación Comercial y de Arbitraje Internacional

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Durante el mes de Enero destacan los siguientes temas: Acceso, Compras, Propiedad Intelectual, Comercio, Inversión, Solución de Diferencias, Competencia, Subvenciones, Arbitraje Inversión....more

King & Spalding

Trade & Manufacturing - News of Note - February 2016

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USTR Issues Report on China’s Implementation of WTO Agreements - The office of the United States Trade Representative (USTR) recently issued an annual report on China’s implementation of its obligations under the World...more

King & Spalding

Trade & Manufacturing - March 2015

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In This Issue: - Foreign Currency Manipulation Front and Center in U.S. Trade Talks - United States Challenges Chinese Export Subsidies at the WTO - Executive Branch Launches Plan to Combat Wildlife Trafficking...more

King & Spalding

United States Challenges Chinese Export Subsidies at the WTO

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On February 11, the United States requested consultations with China regarding more than 180 central and sub-central government measures that allegedly provide export-contingent subsidies to enterprises in several industrial...more

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