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The declaration of goods upon import, export, or when subject to intra-Community trade statistics between EU Member States is based on the CN. The proposal for the CN 2025 can be found here. The amended version of the CN will apply from 1 January 2025.
On March 4, 2025, the Korea Trade Commission (KTC) announced the launch of the anti-dumping (AD) investigation into hot-rolled steel plates imported from Japan and China. With protectionism on the rise in various countries and South Korea’s exports also struggling to grow, the unprecedented AD investigation against Japan is progressing.
The resolution became effective on 15 October 2024; while Annex 24 provisions will become effective on 14 November 2024; and amendments to legal forms related to import operations by Courier and Parcel delivery companies using the simplified procedure for dispatch of goods will enter into force on 1 January 2025.
The UK government published an evaluation report for the six pilot initiatives on an ‘Ecosystem of Trust’ (“ EoT ”) on 29 August 2023, which was first set out in the government’s 2025 UK Border strategy. Authorised Economic Operator ) to provide a more frictionless import/export process.
Before we dive into the export controls outlook, here is an overview of the current state of politics in Canada, which includes a discussion of the legislative powers that remain while Canadian Parliament is prorogued until March 24, 2025. This article focuses on Canada’s trade remedies regime.
Section 811 requires development and implementation of a streamlined requirements development process, to improve alignment with modern technologies and reduce time to deliver capabilities, by October 1, 2025. The prize competition must be established within 270 days of enactment, and expires on December 31, 2025.
The programs, set to end by March 25, 2025, provide point-of-sale incentives for the purchase of zero-emission vehicles. Business Impact Canadian’s alignment of its foreign trade policy with the US and the EU on Chinese EVs may create risk for Canadian businesses exporting to, or doing business in, China.
Chongqing SENCI Import & Export Trade Co., Looking ahead to 2024, the Courts of Appeals will likely resolve highly pressing issues in both international commercial and investment arbitration, with the potential for these issues to reach the Supreme Court in the 2024 or 2025 terms. In Smarter Tools, Inc. 21-724, (2d Cir.
This document provides non-legally binding guidance that can be used to assist with the CBAM monitoring and reporting requirements during the transitional period, from 1 October 2023 to 31 December 2025. in particular calculation of the waste gas deduction), mixed fertilizer (section 7.3.2.), aluminum (section 7.4.2)
The administration currently has aspirations to hire 500 AI and AI-enabling workers by 2025. ” The Export-Import Bank of the U.S. Those plans must be published publicly by March 2025 and will include information about the status of the agency’s AI maturity and a plan to make sure AI innovation is supported.
In brief The Ministry of Investment, Trade and Industry (MITI) has announced the resumption of Non-Preferential Certificate of Origin (NPCO) approvals for specific product categories to be exported to Russia, which include various types of ball or roller bearings.
He is also proud of his team’s launch and demonstration of the company’s new Next Generation Tactical Wheeled Vehicle, a diesel-powered solution featuring General Motors advanced battery technology that delivers modern capabilities, including energy storage, exportable power range, Silent Operations and fuel demand reduction.
Australasian Global Exports Pty Ltd v. Tyson International Company Ltd v GIC RE, India, Corporate Member Ltd [2025] EWHC 77 (Comm), High Court of Justice of England and Wales, King’s Bench Division, Commercial Court, Case No. The ITA Board of Reporters have reported on the following court decisions.
That said, the transboundary movement of UEEE is not entirely unregulated, as the NEA has also recently introduced new documentary requirements for the import and export of UEEE. NEA’s written approval may also be required to import or export UEEE in and out of Singapore.
As of 2023, the US was the UKs largest single export market, accounting for approximately 21.7% of total UK exports, valued at 186.7 UK businesses that rely on exporting to the US or importing US goods will face increased costs. billion (ONS, 2024). Conversely, the UK imported goods and services worth 115.4 of total UK imports.
On 5 March 2025, the Government of Canada announced that it would take action under the Investment Canada Act (“ ICA “) to protect Canadian companies from foreign investors looking to capitalize on the current economic uncertainty and weakening Canadian dollar. In Brief Following weeks of tariff threats from the U.S.
It particularly examined whether an Advisory Centre could meet the high expectations of resource-constrained developing countries and capital-exporting economies, depending on its mandate, resources, and role in ISDS reform. The second meeting is scheduled to take place in Yerevan, Armenia in 2025. 9/1194 , paras. 9/1194 , paras.
Will you put something in the NDAA for 2025 that addresses this particular issue, especially in light of this new report that just came out? For example, the United States is a huge exporter of natural gas and a petroleum. Defense resourcing for the future, the PPBE McNamara era process, which is still extant in DoD.
pharmaceutical supply chain. In his capacity within the Commissioned Corps of the US Public Health Service, CDR Christl had deployed to public health disaster responses on numerous occasions including COVID-19, Hurricanes Irma and Maria, and to the Monrovia Medical Unit Ebola Treatment Unit outside of Monrovia, Liberia.
Specifically, we discussed the trade policy response of the US, EU and UK to ever increasing geopolitical disruption, global strategies for handling sanctions regulators and enforcement, and key global sanctions and export controls developments. You can access the webinar recording here.
Additionally, many of summer 2024’s consultations foreshadow changes that we expect will impact trade compliance into 2025. Forced Labour Supply Chains Act The next reporting period under Canada’s supply chain transparency legislation, the Supply Chains Act (SCA), opens on January 1, 2025. We write about these amendments here.
In brief On 30 December 2024, the Ministry of Finance and Public Credit published in the Morning Edition of the Federal Official Gazette (DOF) the Foreign Trade General Rules for 2025, which became effective on 1 January 2025 and will remain in effect until 31 December of the same year, except for its transitory provisions. Rule 4.3.2
China’s Tariff Commission of the State Council accordingly announced 25% and 100% retaliatory tariffs against Canada-origin products, effective from March 20, 2025. These measures will impact approximately CAD 3.7 These measures will impact approximately CAD 3.7
And, “[t]he four components of gross domestic product are personal consumption, business investment, government spending, and net exports.” [28] This is because BEA is responsible for calculating the gross domestic product (“GDP”). 29] “It’s similar to the Bureau of Labor Statistics’ consumer price index for urban consumers.” [30]
Monday January, 20 2025 saw the much anticipated swearing-in of President Donald Trump for the second time. The deadline for all but one of these reports is April 1, 2025, with the remaining report due on April 30, 2025.
Before we dive into Canada’s commitments to combatting forced and child labour, here is an overview of the current state of politics in Canada, which includes a discussion of the legislative powers that remain while Canadian Parliament is prorogued until March 24, 2025.
As reported in our earlier blog here , on Monday 10 February 2025, President Trump announced that 25% tariffs will be imposed on all steel and aluminum products imported into the United States (US), including from the EU and the UK which were previously subject to exclusions. These tariffs are due to come into effect on 12 March 2025.
USASpending.Gov Photo: Homepage of usaspending.gov, February 17th, 2025. Fedmine aggregates data from dozens of sources and delivers it inside a platform designed for analysis and visualization, ready to be exported into third party applications. NEA Protect Our Public Schools Protest Photo: Geoff Livingston, February 12, 2025.
Following the previous round of 10% tariffs imposed by the US on all goods originating from China, effective February 4, 2025, the US has imposed additional 10% tariffs on all Chinese goods under the International Emergency Economic Powers Act (IEEPA) on March 3, 2025.
With effect of 12 March 2025, the US reinstated the June 2018 Section 232 tariffs on steel and aluminum products at a rate of 25% and extended these tariffs to a larger scope of steel and aluminum products (see our prior blog post on the US Section 232 tariffs here ). In January 2022, these measures were suspended until 31 March 2025.
President Donald Trump confirmed on March 3, 2025, that the long-anticipated tariffs called for on Canada and Mexico would take effect, alongside additional tariffs against Chinese imports. April 2, 2025 – President Trump’s reciprocal tariffs are set to go come into effect, matching the tariffs other countries impose on U.S.
In the evening of January 26, 2025, the White House announced in a press release that the US and Colombian governments had reached an agreement on flights carrying individuals deported from the United States and paused efforts to impose tariffs and other measures announced by President Trump and President Petro.
President Trump signed an executive order on February 1, 2025 (“ Executive Order “), imposing longanticipated tariffs on Canada, Mexico, and China under the International Emergency Economic Powers Act (“ US Tariffs “). The Premiers are announcing their own countermeasures. The timing is unclear.
US tariffs on imports of Chinese-origin products went into effect at 12.01am ET on February 4, 2025, with 10% duties being imposed on all imports of Chinese-origin goods. According to the announcement, the tariffs will go into effect starting February 10, 2025.
Import tariffs have become the priority trade issue since President Donald Trump took office on January 20, 2025, with a wide variety of measures announced and imposed. Businesses should be aware of their import and export volumes in the US and elsewhere, broken down by products and current tariff rates.
Before we dive into the customs outlook, here is an overview of the current state of politics in Canada, which includes a discussion of the legislative powers that remain while Canadian Parliament is prorogued until March 24, 2025. goods and exporters to the U.S. exporters and businesses. tariffs and a possible spring election.
President Trump signed an executive order on February 1, 2025 (“ Executive Order “), imposing the long-anticipated tariffs on Canada, Mexico, and China under the International Emergency Economic Powers Act (“ U.S. exports in response to U.S. Read the Government of Canada’s press release here.
during 2018/2019 and outline strategies for businesses with North American supply chains to navigate potential uncertainty in the first quarter of 2025. and Canada in 2018-2019, and we have provided some high-level take-aways on how we expect the Government of Canada to react in 2025. What can recent history teach us?
Baker McKenzies Global Customs Practice invites you to join us for a follow up webinar on “Trump and Tariffs: Section 232 Tariff Announcement, Reciprocal & Retaliatory Tariffs and More” This one-hour webinar will take place Thursday, 20 February 2025 at 10:00 CST / 11:00 EST / 17:00 CET.
Following the latest of a number of tariff-related announcements, President Donald Trump has officially confirmed that 25 percent tariffs will be imposed on all steel and aluminium imports into the US beginning March 12, 2025.
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