Trade & TTIP Related

26 Mar
Chapter News, News, Trade & TTIP Related

European Parliament | EU US Trade Deal: MEPs Set Conditions for Lowering Tariffs on US Products

Suspension clause in case the US introduces new tariffs Sunrise clause: tariff preferences only effective if the US respects its commitments Sunset clause: tariff preferences set to expire by 31 March 2028, unless renewed On Thursday, MEPs adopted their position on two proposals implementing the tariff aspects of the EU-US Turnberry trade deal. The texts, if agreed with EU member states, will eliminate most tariffs on US industrial goods and provide preferential market access for a wide range of US...

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25 Mar
Member News, News, Trade & TTIP Related

CMS | EU/ International Trade Outlook 2026-How to Best Navigate Increasingly Choppy Waters?

Introduction International trade developments have now been hitting the headlines for many months, amid ongoing global trade agreements, trade arguments, and increased protectionism, all of which have become gradually more commonplace across the globe. Some of these carry the risk of major tariffs and duty increases, which can be high and abrupt, and can significantly interrupt supply chains and add material costs. These are also in addition to numerous emerging and rigorous frameworks affecting global trading conditions, including not-least those...

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24 Mar
Chapter News, News, Trade & TTIP Related

European Commission | EU and Australia strengthen relations with Security and Defence Partnership and Trade Agreement

The EU and Australia have today announced the adoption of a groundbreaking Security and Defence Partnership. They have also concluded negotiations for an ambitious and balanced free trade agreement (FTA) and agreed to launch formal negotiations for the association of Australia to Horizon Europe, the world's largest funding programme for research and innovation. With these steps, the EU and Australia are delivering mutually beneficial outcomes and further reinforcing their already close relations in a time of geopolitical uncertainty. The FTA...

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23 Mar
Member News, News, Trade & TTIP Related

Thompson Hine | USTR Releases President Trump’s 2026 Trade Policy Agenda and 2025 Annual Report

On March 2, 2026, the Office of the U.S. Trade Representative (USTR) delivered President Donald Trump’s 2026 Trade Policy Agenda and 2025 Annual Report to Congress. This year’s trade agenda seeks to promote U.S. interests abroad and reduce trade deficits by pursuing trade deals with other countries and strengthening domestic manufacturing. 2025 Annual Report The 2025 Annual Report provides a comprehensive overview of U.S. trade agreements, negotiations, and enforcement activities. It covers various trade initiatives, preference programs, and bilateral and multilateral engagements...

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23 Mar
Member News, News, Trade & TTIP Related

Troutman Pepper Locke | CBP Provides Further Details on IEEPA-Related Refund Mechanism

U.S. Customs and Border Protection (CBP) has submitted a series of declarations to the U.S. Court of International Trade (CIT) in Atmus Filtration, Inc. v. United States (Court No. 26-01259) — on March 6, March 12, and March 19 — outlining both the legal and operational framework for refunds of duties imposed under the International Emergency Economic Powers Act (IEEPA). These developments follow the U.S. Supreme Court’s February 20, 2026, decision, holding that IEEPA does not authorize the President to impose...

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20 Mar
Member News, News, Trade & TTIP Related

Jaguar Freight | IEEPA Refund Update

The Current Status of IEEPA Refunds To quickly recap, the U.S. Supreme Court ruled that IEEPA tariffs were unlawful in late February. As a result, those tariffs stopped being collected, and the U.S. Court of International Trade has since ruled that importers are entitled to refunds. Shortly after, U.S. Customs and Border Protection (CBP) indicated that its existing systems cannot process the refunds tied to the IEEPA tariffs but would begin building a new mechanism to handle them. The agency recently...

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19 Mar
Member News, News, Trade & TTIP Related

Tradewind Finance | Export Factoring vs Bank Loans: Which Financing Option is Right for Exporters?

Exporters operating in global markets often face a familiar challenge: delivering goods today while waiting weeks or even months to receive payment.  In many industries, buyers expect suppliers to offer open-account payment terms ranging from 60 to 120 days. While these terms help buyers manage their own cash flow, they create a working capital gap for exporters who must finance production, logistics, and operating expenses before payment arrives.  To bridge this gap, companies typically rely on external financing. Two common options are traditional...

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19 Mar
Chapter News, News, Trade & TTIP Related

European Parliament | MEPs Back the Lowering of Tariffs on US Agricultural and Industrial Products

Suspension clause in case of new US tariffs Sunrise clause: tariff preferences only effective when the US respects commitments Stronger protection regarding steel imports The International Trade committee adopted its position on Thursday on two proposals implementing certain tariff aspects of the EU-US Turnberry trade deal. The International Trade committee adopted its position on Thursday on two proposals implementing certain tariff aspects of the EU-US Turnberry trade deal. MEPs in the International Trade Committee adopted their position on two legislative proposals that eliminate...

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18 Mar
Chapter News, News, Trade & TTIP Related

ITA | Department of Commerce Announces New American AI Exports Program Phase

The U.S. Department of Commerce today announced further implementation of the American AI Exports Program with a Call for Proposals from U.S. industry-led consortia to export full-stack AI technology packages. Under President Donald J. Trump’s AI Action Plan and export directives, the Department of Commerce is implementing a full-stack AI export package promotion program to advance America’s AI leadership globally. “America’s continued global leadership in AI depends on our ability to export our AI to allies around the world,” said Under...

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16 Mar
Member News, News, Trade & TTIP Related

GDLSK | USTR Initiates Section 301 Investigations Against Dozens of Countries Which Could Result in New Tariffs Replacing the IEEPA Tariffs and Other Measures

The U.S. Trade Representative has initiated two investigations under Section 301 of the Trade Act of 1974.  Under this provision, the U.S. will investigate whether an act, policy, or practice of a foreign country either: a) violates, or is inconsistent with, the provisions of, or otherwise denies benefits to the United States under, any trade agreement; or b) is unjustifiable and burdens or restricts United States commerce. In the event of affirmative determinations by the USTR, the administration is authorized to...

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