News & Analysis as of

Trade Relations

EU to Reactivate 1996 Blocking Regulation Against US Sanctions on Iran

by WilmerHale on

On Friday, May 18, the EU Commission launched the formal process to reactivate a 1996 trade defense law in response to the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program. Once...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The High Court has a daunting lineup of decisions yet to issue this year, but it’s checking one off the list with yesterday’s 5-4 holding upholding the right of companies to use arbitration clauses in employment contracts “to...more

US and China Trade Talks Progress

by Cozen O'Connor on

A trade war between the U.S. and China has been avoided. Both countries have been threatening each other with tariffs for the past couple months, while many economists and experts worry about an impending trade war. ...more

Best in Law: Who Absorbs Cost of New Tariffs on Stuff Were Buying, Selling? - Partner Glen Price Explains in the Press-Enterprise...

by Best Best & Krieger LLP on

Recently, China announced tariffs on $50 billion in U.S. products in retaliation for U.S. tariffs on steel and aluminum products and 1,300 other product categories entering the country. Originally published in The...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Campbell’s Soup CEO Denise Morrison retired abruptly late last Friday. Though the company’s stock has struggled in the past year, Morrison gave no reason for stepping down—a move that drops the number of female chief...more

44 African Countries Sign Agreement to Establish African Continental Free Trade Area

by Jones Day on

The Situation: African leaders gathered in Kigali, Rwanda, in March 2018 to sign the draft Agreement Establishing the African Continental Free Trade Area ("CFTA") and other related protocols. Forty-four of the 55 Member...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The latest from the Redstone/CBS dispute, with news late yesterday that even as Shari Redstone is “moving to block CBS Corp.’s efforts to strip her family of voting control”, a Delaware judge has temporarily blocked her from...more

U.S.- China Trade Relationship Affects Recycling Practices

by Kelley Drye & Warren LLP on

The Wall Street Journal reported that the industry for recycled products is collapsing. Until late last year, China was the largest importer of U.S. recyclables. ...more

A Global Business Look at the Pacific Rim

by Bennett Jones LLP on

It is not often that a group of lawyers gets an update in geopolitics from a senior military leader on exchange to the U.S. Pacific Command—but we had this privilege at a recent legal conference in Hawaii....more

NAFTA Watch Newsletter Vol. 15 - Negotiators Holding Out Hope

by Benesch on

This publication is our fifteenth installment in a series designed to provide our clients in the manufacturing, transportation and logistics, and related industries with monthly updates on any actions taken by the Trump...more

Infrastructure Series: NAFTA Renegotiation: Energy Infrastructure and Investor-State Disputes

by WilmerHale on

Negotiations to reshape the North American Free Trade Agreement (NAFTA) among the United States, Canada and Mexico have recently intensified as various factors—upcoming elections in Mexico in July and in the United States in...more

Issues Surround US Tariffs on Steel and Aluminum

by Cozen O'Connor on

By May 1, 2018, President Trump needed to decide whether tariffs of 25% on steel and 10% on aluminum imports would go into effect for the EU, Canada, and Mexico. However, Trump pushed back this deadline by 30 days....more

U.S. Sanctions Under the Trump Administration – International Trade Implications

by BakerHostetler on

The Trump Administration has been active on the sanctions front as a means of asserting U.S. foreign policy and national security interests. Congress has also taken an increasingly active and direct role of late, beyond its...more

Regarding tariffs on Chinese goods and impact to Aerospace, Defense, and Government Services companies

by Hogan Lovells on

On April 3, 2018, the Office of the U.S. Trade Representative (USTR) issued recommended tariffs on US$50 billion worth of Chinese goods that the United States says benefit from Beijing’s industrial “Made in China 2025” plan....more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

After years of flirting, Sprint and T-Mobile have made it official—announcing over the weekend that they have reached a deal to become one company. The deal—if it passes regulatory muster—would create a company with a...more

Tariff Trade War with China?

by Baker Donelson on

The Office of the U.S. Trade Representative published a proposed list of 1,333 Chinese products under consideration for 25% tariffs on April 3 under Section 301 of the Trade Act of 1974, which provides the President and the...more

Cuba-U.S. Relations: The Rapprochement Slows Down Under The Trump Administration

Soon after Fidel Castro overthrew the government of Cuba to found a communist state in 1959, Cuba began nationalizing U.S-owned properties in Cuba. In response, the U.S. implemented trade restrictions, closed its embassy in...more

USTR to Review India’s Eligibility to Continue to Receive Preferential Tariff Access Under the GSP Program

On April 12, 2018 the United States Trade Representative (USTR) announced it was self-initiating a review to assess India’s eligibility to continue to be treated as a beneficiary country under the U.S. Generalized System of...more

Exclusion Options from Steel and Aluminum Tariffs

by Varnum LLP on

As noted in our recent tax advisory, President Trump Issues Proclamations Imposing Increased Tariffs on Imported Aluminum and Steel, President Trump signed two proclamations imposing tariffs of 25 percent on imported steel...more

Countdown To Brexit

At 11:00 p.m. U.K. time on 29 March 2019 the United Kingdom is expected to leave the European Union (“BREXIT Day”). The below timeline sets out milestones in the lead up to BREXIT Day, and thereafter. Please note that there...more

Trump Reconsiders TPP Stance, May Have Renewed Interest in Multilateral Agreement

by Kelley Drye & Warren LLP on

Ahead of talks with Japanese Prime Minister Shinzo Abe scheduled for this week, President Trump told a group of governors and lawmakers in a meeting on Thursday, April 12th that the United States was looking to rejoin the...more

Russia’s State Duma Introduces Draft Law to Counter U.S. Sanctions

Draft legislation seeks to restrict business with U.S. and its allies across sectors. Draft legislation sets out broad menu of sanctions and prohibitions—from import and services restrictions to individual bans—but...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The White House has chosen Columbia University economist Richard Clarida as Fed Vice Chair—the number 2 spot at the central bank. Clarida is a “monetary policy scholar” and former Bush II administration Treasury official....more

The Trump Administration’s Steel and Aluminum Tariffs

by Cozen O'Connor on

On March 1, 2018, President Trump announced new tariffs on steel and aluminum imports, rejecting push back from his own advisers and objections from both Democrats and Republicans. ...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The full wrap of two days on the Hill for Zuck, including a Wednesday morning of generally more pointed questions from the House than he saw in the Senate....more

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