Trade & TTIP Related

08 Jan
Member News, Trade & TTIP Related

Faegre Drinker | C’est La Vie: New Section 301 Tariffs on French Goods — Originally Set to Go Into Effect on January 6 — Are Indefinitely Suspended

On January 7, 2021, the United States Trade Representative (USTR) announced that new tariffs on certain French products are indefinitely suspended. According to USTR, the duties — which resulted from a Section 301 investigation of France’s Digital Services Tax (DST) and were set to take effect on January 6, 2021 — are being set aside as a means of “promot a coordinated response” to other DSTs that have been proposed or adopted in the European Union (EU) and multiple countries. Background On July...

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08 Jan
Brexit News, Member News, Trade & TTIP Related

Vulcan Insight | Post-Brexit trade agreement – one week in

The post-Brexit trade and cooperation agreement reached in the hours before Christmas between the UK and the EU is one of the most important trade deals in history. It is also the first to disintegrate a trading partnership, constructing, rather than removing barriers to trade. After 47 years of EU membership, British Prime Minister Boris Johnson welcomed in the New Year telling Britons that “we have our freedom in our hands and it is up to us to make the...

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05 Jan
Member News, Trade & TTIP Related

GDLSK | GSP expired as of January 1, 2021

Congress failed to reach a deal before the end of the year that would have extended the Generalized System of Preferences (GSP) program. As a result, GSP-eligible goods entered or withdrawn from warehouse are subject to “General” (Column 1) duty rates, effective January 1, 2021, at 12:00 a.m. A bill proposed in the Senate would have extended GSP for 16 months, while a bill that was introduced in the House provided for a six-month extension. Neither bill moved forward, primarily...

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14 Dec
Member News, Trade & TTIP Related

GDLSK | Amended regulations covering section 232 exclusions on steel and aluminum products to be published

In a notice to be published in the Federal Register on December 14, 2020, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce (DOC) announced a new interim final rule amending the exclusion process with respect to steel and aluminum mill products covered by additional duties under Section 232 of the Trade Expansion Act of 1962, as amended (“Section 232”).  Unless excluded, steel and aluminum products covered by this action are, respectively, subject to an...

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10 Dec
Chapter News, Trade & TTIP Related

A New EU-US Agenda for Global Change

“In a changing global landscape, I believe it is time for a new transatlantic agenda fit for today’s world. And I believe it is Europe who should take the initiative.” President Ursula von der Leyen, November 2020 Following the election of President Biden and Vice-President Harris by the people of the United States of America, combined with a more assertive and capable European Union, and a new geopolitical and economic reality, the European Commission and the High Representative are putting...

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07 Dec
Member News, Trade & TTIP Related

Jaguar Freight | Global Freight Updates

Worried about recent cyber-attacks? Can’t find containers? Concerned over the Panama Canal’s congestion? Frustrated with rate increases and carrier service? Want to learn more about canceled flights to LA? Dreading the post-Brexit logistics nightmare? Don’t worry. We’ve got the inside info to help you better understand the most pressing issues the shipping industry is facing right now, and there’s no shortage of them! To start off, here are some ocean container stats we believe are pretty telling for the Port of Long...

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03 Dec
Member News, Trade & TTIP Related

Faegre Drinker | Looking Ahead to a Biden Administration, the EU Unveils Blueprint for Enhanced United States-EU Cooperation

With less than 50 days before the inauguration of President-elect Joe Biden, the European Union has — in hopes of, in part, curing bilateral trade tensions and “unilateral tendencies” that have recently tested the United States-EU trade relationship — set forth a policy roadmap (and, perhaps, an olive branch) for renewing the trans-Atlantic partnership. How receptive the incoming Biden administration will be to this overture remains to be seen, especially given President-elect Biden’s recent statements that he intends to...

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03 Dec
Chapter News, Trade & TTIP Related

EU Commission | A new EU-US agenda for global change

Joint communication to the European Parliament, the European Council and the Council | December 02, 2020 | 1.      Introduction The relationship between the European Union and the United States is unique and built on shared history, shared values and shared interests. The transatlantic partnership was born of a promise of collective peace, progress and prosperity. After the Second World War, the Marshall Plan helped rebuild Europe’s communities and economies. The North Atlantic Treaty Organisation (NATO) ensured our collective security. Together, Europe...

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02 Dec
Chapter News, Trade & TTIP Related

EU-US: A new transatlantic agenda for global change

The European Commission and the High Representative are today putting forward a proposal for a new, forward-looking transatlantic agenda. While the past years have been tested by geopolitical power shifts, bilateral tensions and unilateral tendencies, the victory of President-elect Joe Biden and Vice-President-elect Kamala Harris, combined with a more assertive and capable European Union and a new geopolitical and economic reality, present a once-in-a-generation opportunity to design a new transatlantic agenda for global cooperation based on our common values, interests...

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16 Nov
Chapter News, Trade & TTIP Related

EU Commission launches new complaints system to fight trade barriers and violations of sustainable trade commitments

The European Commission has today launched a new complaints system for reporting market access barriers and breaches of Trade and Sustainable Development commitments in the EU's trade agreements and under the Generalised Scheme of Preferences. The new complaints system reflects the Commission's increased efforts to strengthen the enforcement and implementation of trade agreements. It follows the Commission's appointment in July of its first Chief Trade Enforcement Officer (CTEO) to oversee its tougher action on enforcing trade policy, as well as the Commission's...

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