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
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 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
The election of Joseph R. Biden as the 46th President of the United States will have important implications for US trade policy and the World Trade Organization. In the four years since his departure as Vice President, US...more
12/21/2020
/ Biden Administration ,
Buy America ,
China ,
CPTPP ,
Exports ,
Imports ,
Regulatory Agenda ,
Section 232 ,
Section 301 ,
Tariffs ,
Trade Agreements ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
WTO
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the purpose of which is to provide emergency assistance and health care responses for individuals,...more
3/30/2020
/ Agricultural Sector ,
CARES Act ,
Coronavirus/COVID-19 ,
Cross-Border Transactions ,
Department of Health and Human Services (HHS) ,
Federal Food Drug and Cosmetic Act (FFDCA) ,
Federal Loans ,
Financial Assistance Policies ,
Medical Devices ,
Medical Supplies ,
National Stockpile ,
Prescription Drugs ,
Public Health Emergency ,
Reporting Requirements ,
State of Emergency ,
Supply Chain ,
Supply Shortages ,
Trump Administration ,
US Trade Policies ,
WTO
On February 4, 2020, the US Department of Commerce (DOC) published a final rule establishing a process by which DOC may treat a foreign country's "currency undervaluation" as a countervailable subsidy for purposes of US...more
2/10/2020
/ Countervailing Duties ,
Currency Manipulation ,
Duties ,
Exchange Rates ,
Final Rules ,
Imports ,
International Trade Commission (ITC) ,
Public Comment ,
Subsidies ,
U.S. Commerce Department ,
Undervalue Transfers ,
WTO
On January 15, 2020, President Trump and Chinese Vice Premier Liu He signed "Phase One" of an Economic and Trade Agreement between the United States and China. The Phase One Agreement, which the two sides announced in...more
1/17/2020
/ Agricultural Sector ,
China ,
Currency Exchange ,
Dispute Resolution ,
Exports ,
Financial Services Industry ,
Goods or Services ,
Imports ,
Intellectual Property Protection ,
Retaliatory Tariffs ,
Section 301 ,
State-Owned Enterprises ,
Subsidies ,
Tariffs ,
Technology Transfer Agreements ,
Trade Agreements ,
Trade Negotiations ,
Trump Administration ,
United States ,
WTO
On December 2, 2019, the Office of the US Trade Representative (USTR) announced its determination that France's Digital Services Tax (DST) is "unreasonable or discriminatory and burdens or restricts U.S. commerce" and is...more
12/11/2019
/ BEPS ,
Digital Services Tax ,
France ,
OECD ,
Proposed Rules ,
Section 301 ,
Tariffs ,
Trade Restrictions ,
Trump Administration ,
USTR ,
WTO
On October 7, 2019, the Office of the US Trade Representative (USTR) published the official text of the US-Japan Trade Agreement (USJTA), which will reduce or eliminate tariffs on bilateral trade in certain agricultural and...more
On August 25, 2019, President Donald Trump and Japanese Prime Minister Shinzo Abe jointly announced that the United States and Japan have reached an agreement on core principles of a bilateral trade agreement covering...more
9/5/2019
/ Agricultural Sector ,
Automotive Industry ,
Bilateral Agreements ,
CPTPP ,
Digital Marketplace ,
GATT ,
Japan ,
Japan-EU Economic Partnership Agreement (EPA) ,
Tariffs ,
Trade Agreements ,
Trade Negotiations ,
Trans-Pacific Partnership ,
Trump Administration ,
United Nations ,
United States ,
WTO
On July 10, 2019, the Office of the United States Trade Representative (USTR) initiated an investigation under Section 301 of the Trade Act of 1974 to determine whether a Digital Services Tax (DST) recently approved by the...more
7/16/2019
/ Digital Service Providers ,
Digital Services Tax ,
Discrimination ,
France ,
Imports ,
International Tax Issues ,
Public Comment ,
Request For Information ,
Retaliatory Tariffs ,
Retroactive Taxes ,
Section 301 ,
USTR ,
WTO
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
2/7/2019
/ Automotive Industry ,
Bilateral Agreements ,
China ,
Congressional Authority ,
Congressional Intent ,
Countervailing Duties ,
CPTPP ,
Dispute Resolution ,
EU ,
Exports ,
Free Trade Agreements ,
Imports ,
International Trade Commission (ITC) ,
Japan ,
Legislative Agendas ,
NAFTA ,
Negotiations ,
Political Parties ,
Popular ,
Proposed Legislation ,
Section 232 ,
Senate Finance Committee ,
Steel Industry ,
Tariffs ,
TPPPs ,
Trade Expansion Act of 1962 ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
UK ,
United States ,
United States-Mexico-Canada Agreement (USMCA) ,
Uranium ,
US Trade Policies ,
USTR ,
Ways and Means Committee ,
WTO