Remove 2024 Remove Export Remove Thresholds
article thumbnail

Will U.S. Lawmakers Find Common Ground to Enact De Minimis Reform in 2024?

Import and Trade Remedies

114-125 ) to increase the de minimis threshold for imports into the United States from $200 to $800, far exceeding similar thresholds in other countries globally. In a January 19, 2024 letter to U.S. It would maintain the $800 cap but apply lower thresholds with countries on the basis of reciprocity. Blumenauer.

article thumbnail

The Biden Administration Announces New U.S. Tariffs on Chinese Imports and Solar Products

Import and Trade Remedies

Section 201 On May 16, 2024, the Biden Administration announced changes to safeguard duties under Section 201 currently in effect on certain solar product imports from numerous countries. Another potential change is an increase to the tariff-rate quota threshold. 25% 2024 Lithium-ion electrical vehicle batteries 7.5%

Import 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The FY 2024 National Defense Authorization Act: Key Provisions Government Contractors Should Know

Government Contracts Legal Forum

The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. The FY 2024 NDAA also includes the Federal Data Center Enhancement Act, the American Security Drone Act, and the Intelligence Authorization Act for FY 2024.

article thumbnail

Fall 2023 Canadian Trade & Customs Outlook: Customs Compliance and Compliance with Prohibitions on Forced and Child Labour

Import and Trade Remedies

From May to August 2023, the Government passed into law novel supply chain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation. The first annual reports are due to be filed by May 31, 2024.

article thumbnail

Efforts to Curtail the Global Race on Industrial Subsidies

Import and Trade Remedies

For example, the submission proposes that the current prohibition under Article 3(1)(b) of the SCM Agreement against conditioning access to subsidies on the satisfaction of local content requirements should not apply to developing country Members, provided that the use of domestic goods does not exceed a threshold to be agreed by Members.

Export 40
article thumbnail

How to Effectively Deal with Climate Change Disputes? Proposals from the First Annual Conference of the Roma Tre-UNIDROIT Centre

Kluwer Arbitration

On 8 November 2024, the Roma Tre-UNIDROIT Centre for Transnational Commercial Law and International Arbitration held its first Annual Conference , titled The Many Shades of Climate Change: Through the Lenses of Dispute Settlement, at the Bank of Italys Carlo Azeglio Ciampi Convention Centre, Rome.

Finance 52
article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

22] Plainly, approximately (22) months after October 2022 is on or about August to September 2024. could enter a recession by the late summer to early fall of 2024. 25] On February 4, 2024, the Federal Reserve Bank of New York stated that the probability of recession in the next twelve months is at 61.473%. [26] billion.” [37]