The reciprocal tariffs the Trump administration has promised will present a challenge for CBP to enforce, trade lawyers said during a webinar presented by Baker McKenzie on Feb. 20.
A dairy exporters trade group and a former USMCA negotiator say the state-to-state dispute panels under the NAFTA replacement are only a partial success.
The White House announced this week it has selected Joseph Barloon to be its ambassador to the World Trade Organization, a role of a deputy U.S. trade representative. Barloon served as general counsel to the Office of the U.S. Trade Representative 2019-2020, during the first Trump administration. He also was nominated to be a judge at the Court of International Trade by President Donald Trump in that first term but wasn't confirmed (see 2102050032).
Japan has asked the Trump administration to exempt it from new 25% tariffs on steel and aluminum imports, Japanese Minister of Economy, Trade and Industry Yoji Muto said during a Feb. 12 press conference.
The opening salvos of President Donald Trump's aggressive trade actions in the first weeks of his administration may be a harbinger of what is to come in the next four years as trade experts predict an upending of the global trade system.
China opened a dispute at the World Trade Organization on Feb. 5 to challenge the new 10% tariff imposed by the U.S. on all goods from China, claiming that the measure violates the General Agreement on Tariffs and Trade. China said that not only do the duties violate the U.S. government's "Schedule of Concessions and Commitments," they're also "discriminatory and protectionist in nature."
Moments after President Donald Trump’s 10% tariffs on all Chinese products took effect Feb. 4 (see 2502030034), China announced new tariffs and export controls against the U.S. and added two American companies to its so-called unreliable entity list, including one that it accused of adopting “discriminatory measures” when sourcing products from China's Xinjiang region.
Lack of coordination between the U.S. and the EU on trade policy will make it tougher to confront the economic threat posed by China, experts warned at a conference co-hosted by the Peterson Institute for International Economics.
After the Trump administration released a memo outlining the scope of trade action to be taken during his term, one thing became clear, according to a variety of trade attorneys: antidumping duty and countervailing duty rates are about to soar.
Dan Stirk, former chief counsel for litigation in the Office of the U.S. Trade Representative, has joined Picard Kentz as counsel in the international trade practice, the firm announced. Stirk served as an attorney-adviser at USTR for nearly 18 years, covering World Trade Organization and free trade agreement dispute settlement proceedings, compliance proceedings and arbitration, the firm said.