The government of Canada recently issued the following trade-related notices as of June 27 (some may also be given separate headlines):
In recent editions of the Official Journal of the European Union the following trade-related notices were posted:
The European Union recently issued the following trade-related release (notices of most significance will be given separate headlines):
New tariffs on goods from the U.S. exported to Turkey in response to Section 232 tariffs on steel and aluminum took effect on June 21, KPMG said on its website. An official June 25 notice from Turkey described the implementation of the new tariffs, a report from a KPMG firm in Turkey said. The new tariffs apply to the same subheadings listed in a World Trade Organization submission, though some of the tariff amounts differ, according to KPMG. "Retaliatory customs duty will be applicable on imports of US originated automobiles, whiskey, tobacco, coal, cosmetics, machinery equipment, paper and petrochemical products, etc.," the Turkish firm said. "Turkey will impose additional fiscal burden against various US origin goods between 4 percent to 70 percent. At the same time, [whiskey] and automobile importations will be subject to additional fiscal burden at the rate of 70% and 60% with an applicable highest rate."
Participation within the European Union's Authorized Economic Operator program could be one way to reduce barriers for trade between Ireland and the United Kingdom following Brexit, KPMG said on its website. "As the Brexit process continues, Irish businesses need to prepare for the changes in trading into and out of the UK once the UK finally leaves the EU," said Glenn Reynolds, a partner with KPMG in Ireland. "If the UK leaves the EU Single Market and Customs Union with no other arrangements in place, all trade between Ireland and the UK will require full customs clearance and tariffs would be imposed on Irish exports to the UK and imports from the UK into Ireland."
The government of Canada recently issued the following trade-related notices as of June 25 (some may also be given separate headlines):
The European Union recently issued the following trade-related release (notices of most significance will be given separate headlines):
The U.S. blocked the formation of a panel at the World Trade Organization to adjudicate disputes over U.S. Department of Agriculture inspections of catfish and swai and on antidumping duties on frozen fish fillets. Vietnam says the inspections are purportedly for sanitary reasons, but alleges the U.S. inspections are not based on a risk assessment of swai imports (see 1802270041). Countries that reject a panel, as the U.S. did on June 22, can only do so once, so a panel should be formed shortly.
The European Union's new tariffs on goods from the U.S. (see 1806200016) took effect on June 22 and won't apply to goods exported from the U.S. before that date, the United Kingdom said in a notice. The UK considers "the point of export to be the completion of export formalities followed by the leaving of the territorial waters of the US," it said. "It is that point that customs will take into account when considering whether or not to apply the new duties. A proof such as the bill of lading, where the shipping date may be compared to the date of entry into force of the rebalancing measures must be made available to the customs authorities on request. Goods that were exported from the US prior to 22 June 2018 are exempt from these new duties. This includes goods that were on the high seas." The tariffs also won't apply to products "for which an import licence with an exemption from or a reduction of duty has been issued prior to the date of entry into force," the EU said in its notice.
Canada rejected the U.S. request for a dispute panel on the issue of foreign wine sales in British Columbia grocery stores. The rejection came during the World Trade Organization dispute settlement body meeting June 22. The issue is the stores require that imported wine be stocked in a separate building from the main store (see 1701180083). American wines are still sold at liquor stores, which used to be the only place to buy wine in the province. Countries faced with a dispute panel request can only veto its establishment once, so a panel should be formed shortly. The Office of the U.S. Trade Representative asked for comments on the dispute by July 20, at docket number is USTR-2018-0019 on regulations.gov.