The rise of export-credit agencies around the world is threatening U.S. exporters and pushing them out of certain marketplaces, Paul Shmotolokha, the nominee for vice president of the Export-Import Bank of the United States, said in his pitch to the Senate Committee on Banking, Housing and Urban Affairs on June 5.

The U.S. Department of Agriculture' Foreign Agricultural Service on June 6 issued a guidance for the exclusion process for Chinese tariffs on U.S. exports, including an unofficial translation on the Chinese Ministry of Finance's exclusion application instructions. Among a list of directives, the guidance encourages industry associations to apply for exclusion on their members’ behalf. While USDA said China’s window for accepting applications for its published list of products will end July 5, it said China is planning to publish an additional list of goods eligible for tariff exclusions with an application window from Sept. 2 through Oct. 18.

Big agriculture purchases may be part of a deal with Mexico to stop tariffs from going in place as scheduled for June 10, President Donald Trump said in a June 7 tweet. "If we are able to make the deal with Mexico, & there is a good chance that we will, they will begin purchasing Farm & Agricultural products at very high levels, starting immediately," he said. "If we are unable to make the deal, Mexico will begin paying Tariffs at the 5% level on Monday."

The Treasury’s Office of Foreign Assets Control sanctioned the Persian Gulf Petrochemical Industries Company (PGPIC), Iran’s “largest and most profitable petrochemical holding group,” as well as 39 of its subsidiaries, Treasury said in a June 7 press release. PGPIC was sanctioned for funding Khatam al-Anbiya Construction Headquarters, which Treasury said is the “engineering conglomerate” of the Islamic Revolutionary Guard Corps.

The Treasury’s Office of Foreign Assets Control announced a $400,000 settlement agreement with Western Union Financial Services after OFAC said Western Union committed nearly 5,000 violations of the Global Terrorism Sanctions Regulations, OFAC said in a June 7 notice. Western Union, headquartered in Colorado, processed transactions that involved the Kairaba Shopping Center (KSC) in The Gambia, a Specially Designated National, for more than four years after the entity was sanctioned by OFAC, the notice said. After Western Union discovered KSC was sanctioned, OFAC said, it “failed to deactivate” the entity’s access to Western Union “due to its mistaken belief that” the entity was “already inactive.” Western Union processed transactions worth about $ 1.275 million “to third-party, non-designated beneficiaries who chose to collect their remittances at KSC,” the notice said.

The European Union published new regulations June 7 setting requirements for importation of cultural property from non-EU member states. Either import licenses or importer statements will be required for imports of cultural property, depending on what type of object is being imported, beginning once the EU has an electronic system in place to accept submissions, or by June 2025 at the latest. A general ban on imports of unauthorized cultural property takes effect in December 2020.

In the June 6 edition of the Official Journal of the European Union the following trade-related notices were posted:

Paper cargo control documents for in-bond shipments will no longer be required as of July 1, the Canada Border Services Agency said in a customs notice. "The in-bond movement is now a fully electronic process, in which the cargo will move inland on the electronic Advance Commercial Information (ACI) transmitted to the CBSA at least 1 hour prior to arriving at the border," the agency said. The paper process will remain for re-manifest and abstracts, the CBSA said.

Vietnam Customs issued a decision to improve customs regulations and procedures, focusing on 2019-2021 with a plan for implementation of measures, according to a June 6 report from the General Department of Vietnam Customs’ mouthpiece CustomsNews website. The report said customs wants to “improve efficiency” by continuing with certain reforms and reducing the time and cost of loading and unloading goods at warehouses, yard and ports. The decision took effect May 27, the report said.

U.S. Trade Representative Robert Lighthizer will not attend the G-20 meeting in Japan, where he would have the opportunity for brief bilateral meetings with Chinese, Japanese, Mexican and European counterparts. Deputy USTR Dennis Shea will lead the U.S. delegation June 8 and 9.