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USTR announces preliminary agreement with Mexico on NAFTA

By 5 Mins Read

On August 27, 2018, the US Trade Representative (USTR) released a Fact Sheet announcing that United States and Mexico have reached a preliminary agreement in principle, subject to finalization and implementation, that supports North American manufacturing and mutually beneficial trade.  According to the announcement, the new agreement will create more balanced, reciprocal trade that supports high-paying jobs for Americans and grows the United States and Mexican economies. The following information was released in the Fact Sheet:

US – CBP restricts imports of certain Mexican fish and fish products

By 3 Mins Read

CSMS # 18-000483 (August 15, 2018) advises the trade that In response to a US Court of International Trade order (Slip-Op 18-92) and in cooperation with the National Marine Fisheries Service (NMFS), CBP, is imposing immediate import restrictions on fish and fish products from Mexico caught with gillnets deployed in the range of the vaquita, a species of porpoise endemic to northern Gulf of California waters in Mexico and listed as an endangered species under the U.S. Endangered Species Act.  The CSMS states:

Asia Pacific Free Trade Agreements March Ahead

By 4 Mins Read

As the trade conflict between the United States and China continues, three free trade agreements are pressing ahead, including– the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), soon to enter into force, the Japan-EU Economic Partnership Agreement (JEEPA), recently signed and which represents 30% of global economic output, and the Regional Comprehensive Economic Partnership (RCEP), an agreement that includes both India and China and comprises the largest trading block in the region.

WTO Members raise concerns over US Section 232 investigation on automobiles and automotive parts

By 3 Mins Read

The WTO announced that Members expressed their concerns over possible measures by the United States regarding extra duties on the import of automobiles, including cars, SUVs, vans, light trucks and automotive parts, at the Council for Trade in Goods (CTG) held on 3 and 4 of July. Over 40 members — including the 28 European Union members — took the floor to warn of the “serious disruption” to world markets and the multilateral trading system that may arise as a result of these potential measures, particularly in light of the large proportion of global trade accounted for by these products. The announcement said:

US – New proclamations on steel and aluminum tariffs issued

By 8 Mins Read

On May 31, 2018, the President issued Proclamation of May 31, 2018 – Adjusting Imports of Aluminum into the United States (Aluminum Proclamation) and Proclamation of May 31, 2018 – Adjusting Imports of Steel into the United States (Steel Proclamation).  The Aluminum proclamation eliminates the exemptions from the 10% tariff granted to Canada, Mexico, Brazil and the EU on behalf of its Member States, in earlier proclamations. In addition, quotas are established for aluminum imports from Argentina and steel imports from Argentina and Brazil, in addition to the quotas previously established for S. Korea. Proclamation 9740 provided that the exemption afforded to steel articles from Canada, Mexico, and the member countries of the EU shall apply only to steel articles of such countries entered for consumption, or withdrawn from warehouse for consumption, through the close of May 31, 2018, at which time such countries shall be deleted from the article description of heading 9903.80.01 of the HTSUS.  The Steel Proclamation does not extend this exemption, so Canada, Mexico and EU countries will now be subject to the 25% steel tariffs.

Mexico approves Comprehensive and Progressive Trans-Pacific Partnership Agreement

By 1 Min Read

On May 23, 2018, after approval by the Mexican Senate on April 24, 2018, the Diario Oficial de la Federación (Federal Official Gazette) published President Peña’s Decree approving the Comprehensive and Progressive Trans-Pacific Partnership Treaty, made in Santiago, Chile on March 8, 2018, as well as the four parallel agreements negotiated in the framework of its subscription.

US – Commerce publishes notice of scope rulings

By 1 Min Read

On May 22, 2018, the International Trade Administration, Department of Commerce published in the Federal Register a list of scope rulings and anticircumvention determinations made between October 1, 2016, and December 31, 2016, inclusive. Commerce intends to publish future lists after the close of the next calendar quarter. The list follows: Countries ITA Case № and Merchandise Mexico A-201-805: Certain Circular Welded Non-Alloy Steel Pipe (1 ruling) China A-570-967 and C-570-968: Aluminum Extrusions (2 rulings)…

US – Reconsidering the TPP and impact on intellectual property

By 4 Mins Read

In April, President Trump indicated that his administration would reconsider the US re-joining the Trans-Pacific Partnership (TPP), after withdrawing from it last year.

Following the United States’ withdrawal from the treaty, the remaining 11 signatory states, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam nevertheless proceeded to negotiate a new trade agreement which is now finalised and referred to as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).