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On April 22, 2024, the Ministry of Economy published in the Federal Official Gazette an amendment to the Tariff Schedule of the General Import and Export Duties Law (“TIGIE” for its acronym in Spanish) increasing the duty rate applicable to 544 tariff items of the TIGIE.
Under the Regulation, all products (including their components) manufactured using forced labour will be banned from being placed or made available on the market in the EU, or exported from the EU. The European Commission will also publish guidelines to assist companies with their compliance efforts.
25% 2026 Natural graphite 0% 25% 2026 Certain critical minerals 0% 25% 2024 Permanent magnets 0% 25% 2024 Electric vehicles 25% 100% 2024 Facemasks 0-7.5% Commerce has also requested that certain exporters and producers submit information with respect to the quantity and value of their recent exports to the United States.
Section 805’s Entity Prohibition becomes effective on June 30, 2026, and its Goods and Services Prohibition becomes effective on June 30, 2027. DoD first published the 1260H List in 2021 with 47 entities and updated it to include 13 more entities in 2022. DoD did not issue an updated 1260H List in 2023.
Section 805 becomes effective on June 30, 2026 for the Entity Prohibition and June 30, 2027 for the Goods and Services Prohibition. Exportability Section 810 directs the Under Secretary of Defense for Acquisition and Sustainment to update guidance on planning for exportability for certain defense programs.
DoD plans to include CMMC requirements in all applicable solicitations beginning October 1, 2026. These sections cover a litany of issues, which include licensing, export controls, adoption processes, vulnerability and risk assessments, response concepts, and team roles.
Petroleum Products : Both bills would prohibit the export or sale of petroleum products drawn from the Strategic Petroleum Reserve to the PRC Government, the CCP, or any entity owned, controlled, or influenced by either (House Section 1867, Senate Section 3143). Report on Gifts and Grants to U.S.
On December 19, 2024, the Ministry of Economy published in the Evening Edition of the Federal Official Gazette a Decree amending the tariffs of the General Import and Export Tax Law and the Decree for the Promotion of the Manufacturing, Maquiladora and Export Services Industry (the “Decree”).
USMCA The USMCA is up for review in 2026. Importantly, each party must confirm its agreement in writing to continue the USMCA by July 1, 2026. This is an opportunity for Canadian businesses to express pain points under the existing agreement, which Canada could present during the 2026 review and possibly negotiate appropriate action.
The UK CBAM will broadly mirror the EU CBAM which is currently in a transitional phase until January 2026, although there are a number of key differences in the way the two regimes will work. placed under customs warehousing or inward processing relief).
export control regulations and other national security review mechanisms covering information and communication technology and services (“ICTS”) and other technologies. Businesses should carefully examine anticipated import activities, and investigate opportunities to reduce tariff exposure to mitigate the effects of new tariffs.
Canada has drawn scrutiny regarding its scant enforcement of the import prohibition from US Members of Congress, whom have not only urged cooperation under the forced labour provisions of the United States-Mexico-Canada Agreement (“ USMCA “), but suggested that forced labour be discussed during the USMCA joint review scheduled for July (..)
This morning, the EUs President von der Leyen posted a statement in which she stated that she deeply regrets the US decision to impose tariffs on EU steel and aluminum exports and that the unjustified tariffs will not go unanswered. The key question now is how other jurisdictions such as the EU and the UK will retaliate.
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