While the Washington Consensus policies resulted in seven years of economic growth in the 1990s, the years that followed brought about a period of recession and stagnation -
71% US trade with Latin America is dominated...more
11/1/2022
/ Biden Administration ,
Enforcement ,
Foreign Investment ,
Free Trade Agreements ,
Free Trade Area of the Asia-Pacific (FTAAP) ,
Geopolitical Risks ,
Inflation Adjustments ,
Interest Rates ,
International Monetary Fund ,
Latin America ,
MERCOSUR ,
Mexico ,
NAFTA ,
Tax Reform ,
Trade Relations ,
United States-Mexico-Canada Agreement (USMCA) ,
World Bank
On October 12, 2022, the Office of the US Trade Representative (USTR) issued a Federal Register notice seeking public comments to inform its ongoing four-year review of the Section 301 tariffs on China-origin goods. Beginning...more
On September 9, 2022, trade ministers from the United States and thirteen other countries adopted joint Ministerial Statements on their negotiating objectives for the four "pillars" of the Indo-Pacific Economic Framework...more
On July 27, Senate Majority Leader Chuck Schumer (D-NY) unveiled a budget reconciliation bill entitled the Inflation Reduction Act of 2022 ("IRA"), which would implement core components of President Biden's agenda on...more
On July 27, Senate Majority Leader Chuck Schumer (D-NY) unveiled a budget reconciliation bill entitled the Inflation Reduction Act of 2022 ("IRA"), which would implement core components of President Biden's agenda on...more
On July 27, Senate Majority Leader Chuck Schumer (D-NY) unveiled a budget reconciliation bill entitled the Inflation Reduction Act of 2022 ("IRA"), which would implement core components of President Biden's agenda on...more
On July 20, 2022, the United States requested consultations with Mexico under the Dispute Settlement chapter of the United States-Mexico-Canada Agreement (USMCA), arguing that several of Mexico’s energy policies are...more
7/22/2022
/ Biden Administration ,
Canada ,
Climate Change ,
Energy Sector ,
Investment ,
Market Access Rule ,
Mexico ,
Natural Gas ,
Oil & Gas ,
Paris Agreement ,
State-Owned Enterprises ,
United States-Mexico-Canada Agreement (USMCA)
On June 21, 2022, US Customs and Border Protection ("CBP") began to enforce the Uyghur Forced Labor Prevention Act ("UFLPA"), which prohibits the importation of goods produced wholly or in part in the Xinjiang Uyghur...more
On June 6, 2022, President Biden announced that the United States would allow solar cells and modules imported from Cambodia, Malaysia, Thailand, and Vietnam to enter the United States free from antidumping (ADD) and...more
6/9/2022
/ Anti-Dumping Duty ,
Biden Administration ,
Cambodia ,
Countervailing Duties ,
Customs ,
Executive Orders ,
Imports ,
Malaysia ,
Plastic Solar Cells ,
Tariff Act of 1930 ,
Thailand ,
Trading Suspension ,
Vietnam
On May 27, 2022, the Office of the US Trade Representative (USTR) published a Federal Register notice extending Section 301 tariff exclusions for certain China-origin medical products needed to address the COVID-19 pandemic....more
On May 23, 2022, the United States and 12 other Indo-Pacific countries agreed to launch "collective discussions towards future negotiations" on the Indo-Pacific Economic Framework (IPEF) proposed by the Biden Administration. ...more
5/26/2022
/ Anti-Corruption ,
Australia ,
Biden Administration ,
Brunei ,
Clean Energy ,
Corporate Governance ,
Enforcement ,
Global Market ,
India ,
Indonesia ,
Infrastructure ,
Japan ,
Joint Statements ,
Korea ,
Malaysia ,
New Zealand ,
Philippines ,
Singapore ,
Supply Chain ,
Taxation ,
Thailand ,
Trade Relations ,
Vietnam
On May 16, 2022, senior officials from the United States and the European Union concluded the second meeting of the US-EU Trade and Technology Council (TTC) in Paris-Saclay, France. US Secretary of Commerce Gina Raimondo, US...more
On May 3, 2022, the Office of the US Trade Representative (USTR) published a Federal Register notice commencing its quadrennial review of the tariffs imposed on China-origin goods pursuant to Section 301 of the Trade Act of...more
Co-authored by the Global Sanctions Team On April 7, 2022, the US Congress approved two bills aimed at curtailing trade with Russia and Belarus in response to the situation in Ukraine: President Biden signed both bills into...more
On March 23, 2022, the Office of the US Trade Representative (USTR) published a Federal Register notice reinstating tariff exclusions for 352 categories of products covered by the United States’ Section 301 tariffs on...more
On March 22, 2022, the United States announced that it will replace its Section 232 tariffs on steel and aluminum from the United Kingdom (UK) with tariff-rate quotas (TRQ) that will allow "historically-based sustainable...more
On March 7, 2022, the Federal Acquisition Regulatory Council (FAR Council) published a final rule that increases domestic content requirements for Federal government procurements governed by the Buy American Act (BAA). The...more
3/8/2022
/ Agricultural Sector ,
Biden Administration ,
Buy American Act ,
Clean Energy ,
Defense Sector ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Final Rules ,
Information Technology ,
Local Content Requirements ,
Procurement Guidelines ,
Public Health ,
Supply Chain ,
Transportation Industry
On February 4, 2022, President Biden issued a Proclamation extending the United States' safeguard measure on imports of certain crystalline silicon photovoltaic (CSPV) cells (whether or not partially or fully assembled into...more
2/10/2022
/ Biden Administration ,
Canada ,
Clean Energy ,
Duty Free ,
Energy Sector ,
Imports ,
Mexico ,
Presidential Proclamations ,
Renewable Energy ,
Solar Energy ,
Solar Panels ,
Tariffs
On January 6, 2022, the Government of Mexico requested the establishment of a panel in its dispute with the United States concerning the "interpretation and application" of the rules of origin (ROO) for automotive goods under...more
On November 19, the House of Representatives approved a budget reconciliation bill entitled the Build Back Better Act (H.R. 5376), which contains President Biden’s core legislative priorities related to healthcare, the...more
11/19/2021
/ Biden Administration ,
Clean Energy ,
Climate Change ,
Electric Vehicles ,
Energy Projects ,
Energy Sector ,
Green Energy ,
Greenhouse Gas Emissions ,
New Legislation ,
Renewable Energy ,
Tax Credits ,
Technology Sector
On September 20, 2021, the US Department of Commerce (DOC) published a Final Rule that significantly modifies existing regulations and creates new ones governing antidumping (AD) and countervailing duty (CVD) procedures, with...more
The metals sector is an attractive target for decarbonization due to the energy-intensive nature of traditional production processes.
Carbon: the next frontier of commodities trade tensions -
Governments around the...more
9/16/2021
/ Aluminum Sales ,
Capital Markets ,
Carbon Capture and Sequestration ,
Carbon Emissions ,
China ,
Climate Change ,
Emissions Trading System ,
EU ,
Global Market ,
Green Energy ,
Metals ,
Mining ,
Russia ,
Steel Industry ,
WTO
On August 20, the Government of Mexico requested consultations with the United States under the US-Mexico-Canada Agreement (USMCA) "for the purpose of avoiding or settling a potential dispute" regarding the Agreement's rules...more
On July 27, Reps. John Joyce (R-PA) and Jim Banks (R-IN) introduced legislation that would establish new US trade negotiating objectives for the pharmaceutical sector, in the context of a broader renewal of the trade...more
8/23/2021
/ Biden Administration ,
Enforcement ,
Export Controls ,
Pharmaceutical Industry ,
Proposed Legislation ,
Supply Chain ,
Tariffs ,
TPA Agreement ,
Trade Agreements ,
Trade Promotion Authority ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
WTO
On July 19, Senator Chris Coons (D-DE) and Representative Scott Peters (D-CA) introduced companion bills in the Senate and the House of Representatives that would impose a "border carbon adjustment" ("BCA") fee on imports of...more