On March 4, 2021, the Office of the US Trade Representative (USTR) announced that the United States and the United Kingdom had agreed to a four-month suspension of tariffs related to the ongoing large civilian aircraft dispute. In a joint statement, the US and the UK said they are taking this action “to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization.”…
On March 10, 2021, CBP issued CSMS #46561075 – GUIDANCE: Suspension of UK Duties in Section 301 Action: Enforcement of U.S. World Trade Organization (WTO) Rights in Large Civil Aircraft Dispute, reproduced below: The purpose of this message is to provide notice of the United States Trade Representative’s (USTR) determination to temporarily suspend additional duties on products of the United Kingdom (UK) under the Section 301 Large Civil Aircraft (LCA) Dispute. The suspension is effective…
On March 5, 2021, the USTR announced that the European Union and the United States agreed on the mutual suspension for four months of the tariffs related to the WTO Aircraft disputes. The suspension will cover all tariffs both on aircraft as well as on non-aircraft products, and will become effective as soon as the internal procedures on both sides are completed. A joint US-EU statement stated: The EU and the US are committed to reach…
On February 12, 2021, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice stating that the USTR together with the affected United States industry have agreed that it is unnecessary at this time to revise the action in the Section 301 investigation involving the enforcement of US rights in the World Trade Organization (WTO) dispute involving Large Civil Aircraft subsidies provided by certain current or former member States…
On 31 December 2020, the UK’s Brexit transition period with the EU ended, and the UK became a third country with respect to the EU from a sanctions and export controls perspective. The UK now has its own autonomous sanctions and export control regimes – closely related to the EU’s regimes, but with important differences and complexities that clients need to be aware of. We have written an alert that summarises the key considerations for companies in…
On January 11, 2021, US Customs and Border Protection (CBP) issued CSMS #45453497 – GUIDANCE: Revision of Section 301 Action: Enforcement of U.S. World Trade Organization Rights in Large Civil Aircraft Dispute, which is provided below: The purpose of this message is to provide notice of the United States Trade Representative’s (USTR) determination to revise the list of products subject to additional duties under the Section 301 Large Civil Aircraft (LCA) remedies, imposing additional 15…
On January 6, 2020, the US Trade Representative (USTR) published in the Federal Register a notice [Docket No. USTR-2020-0042] (an advance copy of which was posted on USTR’s website on December 30, 2020) that USTR has determined to revise the action being taken in the Section 301 investigation, “Enforcement of US WTO Rights in Large Civil Aircraft Dispute,” to mirror the approach taken by the European Union (EU) in exercising its World Trade Organization (WTO)…
On December 30, 2020, the US Trade Representative (USTR) posted on its website an advance copy of a Federal Register notice [Docket No. USTR-2020-0042] that USTR has determined to revise the action being taken in the Section 301 investigation, “Enforcement of US WTO Rights in Large Civil Aircraft Dispute,” to mirror the approach taken by the European Union (EU) in exercising its World Trade Organization (WTO) authorization in the Boeing dispute. In implementing this approach,…
On December 29, 2020, the Federal Register published Presidential Proclamation 10128 of December 22, 2020 – To Take Certain Actions Under the African Growth and Opportunity Act and for Other Purposes, which takes the following actions: Designates the Democratic Republic of the Congo (DRC) as a beneficiary sub-Saharan African country for purposes of African Growth and Opportunity Act (AGOA) and modifies general note 16(a) to the Harmonized Tariff Schedule of the United States (HTS) to…
The European Commission has released the full text of the 1256 page Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the European Atomic Energy Community for Cooperation on the Safe and Peaceful Uses of Nuclear Energy and the conclusion, by the European Commission, on behalf of the European Atomic Energy Community, of the Trade and Cooperation Agreement between the European Union and the European Atomic Energy Community, of…