Welcome to the August 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more
8/16/2024
/ CFIUS ,
Customs ,
DFARS ,
Duties ,
Federal Register ,
FIRRMA ,
Foreign Investment ,
Imports ,
Lithium Batteries ,
National Security ,
Notice of Proposed Rulemaking (NOPR) ,
Retail ,
Section 301 ,
Trade Relations ,
USTR ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Vietnam
On Friday, February 24, 2023, on the one-year anniversary of Russia’s further invasion into Ukraine, President Biden, the Office of the US Trade Representative (USTR) and the US Department of Commerce, Bureau of Industry and...more
3/1/2023
/ Ad Velorem Tariffs ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Customs and Border Protection ,
Economic Sanctions ,
Executive Orders ,
Oil & Gas ,
Russia ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Representatives ,
Ukraine
As expected, on January 1, 2022, the additional Section 232 tariffs on imports of steel and aluminum from the European Union (EU) were replaced with a new Tariff Rate Quota (TRQ).
The TRQ is the result of an October 2021...more
Following up on our November 3 alert broadly detailing the agreement between the United States and the European Union to replace the Section 232 tariffs on steel and aluminum with a tariff rate quota (TRQ), the US Department...more
On October 31, 2021, the Department of Commerce and the Office of the US Trade Representative announced an agreement with the European Union (EU) to remove the 25% additional tariffs on steel and 10% additional tariffs on...more
11/4/2021
/ Aluminum Sales ,
EU ,
Exports ,
Imports ,
Steel Industry ,
Tariff Rate Quota (TRQ) ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Policy ,
Trade Relations ,
Trade Representatives
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
4/6/2021
/ Biden Administration ,
Digital Services Tax ,
EU ,
Exports ,
Imports ,
International Trade ,
Section 301 ,
Tariffs ,
UK ,
US Trade Policies ,
USTR ,
WTO
Looking towards 2021 and a new Administration, Arent Fox's International Trade & Investment group has prepared a series of primers on six key areas that can impact your business: The Biden Transition, Special Tariffs,...more
This is Washington and so we start and end with US trade policy. Our team is tracking the Biden Transition, starting with the introduction of Katherine Tai, nominee for the next US Trade Representative....more
For those reading the tea leaves of US trade policy, an announcement earlier this week from the US International Trade Commission was an important development. On February 25, in a final decision, the ITC struck down attempts...more