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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.
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.
trade actions that have or may impose new or increased tariffs on certain imports of Chinese merchandise and solar products. 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.
On 7 December 2023, the government announced a package of customs simplification measures to simplify export and import processes for traders. The post <strong>United Kingdom: The UK Government Announces Major Package of Customs Simplification Measures</strong> appeared first on Import and Trade Remedies Blog.
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.
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.
Revised version of Guidance doc ument The European Commission published on 26 October 2023 revised versions of Guidance documents on CBAM implementation, initially released in August 2023, (a) for installation operators outside the EU , and (b) for importers of goods. aluminum (section 7.4.2)
Hiring new AI talent and upskilling the workforce have been important parts of the Biden administration’s goals when it comes to federal actions on the technology. The administration currently has aspirations to hire 500 AI and AI-enabling workers by 2025. ” The Export-Import Bank of the U.S.
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.
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.
Australasian Global Exports Pty Ltd v. The ruling reflects a key principle of legal proceedings: the importance of maintaining a balance between ensuring justice and transparency in legal disputes while also safeguarding sensitive government information. The ITA Board of Reporters have reported on the following court decisions.
Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supply chains. 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
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. Canada Trade War appeared first on Import and Trade Remedies Blog.
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.
This week on Feds-At-The Edge we explore ways to improve security through basic controls like software updates and patching, with the conversation quickly turning to the importance of practical strategy. healthcare system, which includes roughly 200 federal hospitals, are constantly at risk for or under cyber-attack.
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. Customs CARM After being postponed from its May 13, 2024, CARM Release 3 is scheduled for 3:00 AM EST on October 21, 2024, at which point it becomes the official system of record for imports into Canada.
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.
First , PPI “does not include imports, because imports are by definition not produced by domestic firms.” [10] 10] In contrast, CPI covers the prices consumers pay, irrespective of whether a good or service is imported or domestically produced. Hence, PPI tends to be more germane to Government contractors and subcontractors.
China’s Tariff Commission of the State Council accordingly announced 25% and 100% retaliatory tariffs against Canada-origin products, effective from March 20, 2025. The post China implements retaliatory tariffs on Canadian origin agricultural and seafood products appeared first on Import and Trade Remedies Blog.
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. This also includes significant experience in advising companies on lobbying efforts in these areas.
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.
Data is the unbiased, unemotional signal in the storm, and in a moment when government transparency and efficiency are front and center in the political sphere, its more important than ever. USASpending.Gov Photo: Homepage of usaspending.gov, February 17th, 2025. And the President appoints each agency an Inspector General.
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. Baker McKenzie have been advising clients in preparation for these tariffs for several months.
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.
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.
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.
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 “).
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. Increased Costs and Prices: Tariffs will lead to higher costs for the importer, as noted above, and can lead to higher prices which are often borne by the end consumer.
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. We also expect that Canadian importers of U.S. goods and exporters to the U.S.
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. Implements 25% tariffs on non-energy imports and 10% on energy imports The Executive Order implementing the U.S.
The President-elect’s recent announcement of 25% tariffs on “all” Canadian (and Mexican) imports echoes of 2018, where in his first term, President Trump applied 25% tariffs on Canadian-origin steel and aluminum products ( 2018 Tariffs ). announces 25% tariffs on steel imports into the U.S., origin goods.
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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