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How Should Companies Update Risk Factors and MD&A During a Global Trade War?

As companies prepare to file Form 10-Qs, they should give special attention to risk factors in light of recently announced global tariffs. The situation is particularly challenging due to the fluid environment, including the...more

USTR to Close Comment Period on Continuation of Section 301 Tariffs on Chinese Imports on January 17

The U.S. Trade Representative (USTR) is now accepting comments from the public on whether to continue the current Section 301 tariffs on imported goods of Chinese origin. Commenters are guided by a questionnaire that the USTR...more

USTR Begins Four-Year Review of Section 301 Tariffs on Chinese Imports, Soliciting Requests for Continuation

The U.S. Trade Representative (USTR) has announced that beginning May 7, 2022, it will accept requests from members of the domestic industry that have benefitted from the current Section 301 tariffs on imported goods of...more

Congress Votes to Impose Trade Punishments on Russia and Belarus, Will Consider Tax and Procurement Measures

On April 8, 2022, President Biden signed two trade-related bills: one revoking normal tariff treatment for Russia and Belarus, and the other banning Russian energy imports. Following the April recess, Congress may take...more

USTR Renews Hundreds of Section 301 Tariff Exclusions for Imports from China

On March 23, 2022, the U.S. Trade Representative (USTR) announced the reinstatement of 352 exclusions from the Section 301 tariffs on imported Chinese products in response to public comments solicited in late 2021. The...more

USTR to weigh renewing previously extended Section 301 exclusions as part of China trade policy realignment

Beginning Tuesday, October 12, 2021, the U.S. Trade Representative (USTR) will accept public comments on whether to reinstate expired Chinese product exclusions from the Section 301 tariffs that had previously been extended....more

In the Face of COVID-19, Ability to Defer Duty Deposits for U.S. Imports Is Back for Certain Importers

As of Monday, April 20, 2020, U.S. Customs and Border Protection (CBP), in connection with the Department of the Treasury, temporarily postponed for 90 calendar days the deadline for deposits of certain estimated duties,...more

US Trade Continues to Flow with Some Operational Adjustments, New Section 301 Exclusions

The domestic and international response to the spread of COVID-19, the disease caused by the novel coronavirus, continues to evolve rapidly, including with respect to the US trade landscape. Although we have still seen no...more

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