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EU Publishes New List of Products that Could be Subject to Retaliatory Tariffs and Invites Comments from Stakeholders

On Thursday, the European Commission opened a public consultation on a proposed list of U.S. imports that could face European Union (EU) countermeasures if current negotiations between the EU and the U.S. fail to reach a fair...more

Transatlantic Trade: EU Consults to Respond to US Steel and Aluminum Tariffs

The European Union (EU) had said repeatedly that it will retaliate in case of U.S. tariffs, which the EU sees as unjustified. The EU preferred (and attempted) a negotiated solution but moved swiftly to retaliation once the...more

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

Switzerland Eliminates All Tariffs on All Industrial Goods

As of 1 January 2024, imports of industrial goods into Switzerland are exempt from customs duties. Together with other tariff simplification measures, this is expected to result in yearly customs savings for importers of over...more

Following EU, UK to Levy a Carbon Border Adjustment Mechanism

The UK announced that it will require importers to pay a carbon levy on certain goods imported from countries with a lower or no carbon price. Covered goods under the UK’s carbon border adjustment mechanism (CBAM) likely...more

What's Causing EU-US Impasse On Steel And Aluminum

In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints to exporting countries' efforts to...more

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