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In recent weeks, the Trump administration and members of the US business community have continued to engage with the US Congress to advocate congressional approval of the US-Mexico-Canada Agreement (USMCA), which they have...more
On March 29, 2019, the Office of the United States Trade Representative (USTR) published its annual National Trade Estimate (NTE) Report on Foreign Trade Barriers, which "highlights significant foreign barriers to U.S....more
The World Trade Organization Predicts “Revolutionary” Impact for Blockchain Technology On Digital Global Trade - The World Trade Organization (“WTO”) recently published its report, entitled “Can Blockchain Revolutionize...more
The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more
Immediately before the G-20 Summit Meeting on November 30, 2018 in Buenos Aires, President Trump, Canadian Prime Minister Trudeau, and Mexican President Nieto ceremonially signed the new United States-Mexico-Canada Agreement...more
The business community, lawmakers and even workers across North America breathed a collective sigh of relief on October 1, 2018, after the renegotiated NAFTA agreement was unveiled. Following negotiations that had become...more
The Trump Administration Announces It Plans to Negotiate New Free Trade Agreements with Japan, the European Union and the United Kingdom - On October 16, 2018, the Office of the United States Trade Representative...more
On Sunday, September 30, President Trump reached an agreement with the governments of Canada and Mexico to revise and modernize the North American Free Trade Agreement (NAFTA). Publishing the text of the new agreement just...more
On September 30, 2018, hours before a deadline that mandated the publication of a modernized NAFTA text, the United States, Mexico, and Canada agreed to an updated trade agreement after more than a year of negotiations. ...more
On Sunday, the heads of state of Canada and the United States agreed on terms for a new trilateral deal with Mexico. The agreement, now known as the United States-Mexico-Canada Agreement “USMCA,” provides several new updates...more
As Dickinson Wright predicted in a series of prior NAFTA briefing notes (see below), the United States Trade Representative (USTR) Robert Lighthizer issued a notice to Congress on Friday, August 30, 2018 of “President Trump’s...more
We reinforce that this moment is Now, Nineteen (as in 2019), or potentially Never in the ongoing renovation of the North American Free Trade Agreement (NAFTA)....more
This week is Now, Nineteen (as in 2019), or potentially Never in the ongoing renovation of the North American Free Trade Agreement (NAFTA). A US-Mexico agreement in principle (aka the “handshake”) likely will come in the wake...more
The Center for Automotive Research (CAR)’s annual Management Briefing Seminars are being held this week in Traverse City, Michigan. Tuesday’s sessions included an annual highlight of the conference: a detailed update and...more
The Trump Administration Announces Final List Of Articles Subject To Section 301 Tariffs - On June 15, the Office of the United States Trade Representative (“USTR”) released the final list of 818 Chinese products that...more
As King and Spalding has previously reported, after the Trump Administration imposed Section 232 tariffs on imports in March 2018, the Administration temporarily exempted Canada and Mexico from the tariffs until June 1, 2018....more
Trade issues have been concerning the automotive industry for some time. Whether it be NAFTA renegotiations (or NAFTA scrapping), Section 232 Tariffs, Exceptions to Section 232 Tariffs, ever since the current administration...more
The Situation: Ever since President Trump launched major trade initiatives last year, there has been considerable uncertainty about how the administration would proceed. Recent developments have clarified the intentions of...more
We are entering the “Summer of Disruption” to global trade based on five (5) recent US actions and other countries’ responses: 1. China The US announced on Friday the imposition of 25% tariffs on approximately $33.8...more
NAFTA Renegotiations Continue As Deadlines Loom - In May 2018, Canada, Mexico, and the United States continued to engage in intense and challenging negotiations over amendments to the North American Free Trade Agreement...more
On March 8, 2018, President Trump exercised "his authority to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports" under Section 232 of the Trade Expansion Act of 1962. On April 30, 2018,...more
Commerce Secretary Wilbur Ross announced on Thursday, May 31st that a 25 percent tariff on steel and a 10 percent tariff on aluminum will go into effect at midnight on May 31 on imports from Canada, Mexico, and the European...more
FERC Initiates Sweeping Reform of Ratemaking Treatment for Income Taxes - On March 15, 2018, the Federal Energy Regulatory Commission (FERC) released a series of issuances intended to address the need to reflect the lower...more
Trump Administration Rolls Out Section 232 Tariffs On Steel And Aluminum Imports - On March 8, 2018, President Trump exercised “his authority to impose a 25 percent tariff on steel imports and a 10 percent tariff on...more