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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 data illustrated an increasing share of imports for this particular exporter.
The Customs (Preferential Trade Arrangements: Error in Evidence of Origin) Regulations 2024 (the “ Regulations ”), which introduce into UK law the obligation for exporters to notify their customers if they discover any material error in a Certificate of Origin they have issued, have come into force on 13 March 2024.
Our Annual Compliance Conference is also further complemented by our 21st Annual Global Trade and SupplyChain Webinar Series held all year round. We also invite you to register for the upcoming mid-year sessions in our monthly Global Trade and SupplyChain Webinar Series. Register here for these sessions.
We invite you to join us to gain practical insights and analysis on significant developments across: antitrust and competition export controls, sanctions and foreign investment customs and FTAs anti-bribery, corruption and economic crime ESG, supplychain and product compliance View the detailed agenda for all sessions during the conference.
Department of Commerce’s Bureau of Industry and Security) where he will share his insights on what to expect in the year ahead for export enforcement. Axelrod currently serves as the Assistant Secretary for Export Enforcement at the U.S. national security by enforcing the country’s export control laws. Register here Questions?
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 post EU Forced Labour Regulation adopted and published in the EU Official Journal appeared first on Import and Trade Remedies Blog.
Under the Regulation, all products (including their components) manufactured using forced labour or placed and made available on the market in the EU, or exported from the EU will be banned.
From May to August 2023, the Government passed into law novel supplychain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation.
This blog concerns an update of our previous blog on the extension of the definition of “consigned from”, to be found here. For example, EU AD/AS duties on Indonesian stainless steel apply on stainless steel with non-preferential origin Indonesia, regardless of the country of export.
That basically requires showing that the exporter in country B is not running a screwdriver/assembly operation using inputs from country A. The post <strong>(Unintended) origin fraud and duty evasion: Beware of anti-circumvention investigations</strong> appeared first on Import and Trade Remedies Blog.
Scope The text of the provisional agreement targets forced labour carried out across the globe by prohibiting companies or individuals from placing or making available on the EU market, or exporting from the EU market, products (including their components) that are made using forced labour.
On Tuesday 5 March 2024, the European Council and European Parliament reached a provisional agreement on the EU Forced Labour Regulation (“ Regulation “), which will prohibit the placing and making available on the EU market, or the export from the EU market, of products made, extracted or harvested using forced labour.
In particular, the Government seeks comments on whether restrictions on the Canadian EV supplychain are required to safeguard net-benefits to Canadians and Canadian national security. In 2022, Canada notably relied on the ICA to order three Chinese companies to divest from Canadian lithium mining companies.
According to the MarketLinks blog, Sustainable Public Procurement and the Business Environment , “taxpayers around the world are increasingly holding governments accountable to spend public funds for their social and economic benefit in a sustainable manner. Sustainable Development Goal (SDG) No. Specifically, SDG 12.7
submissions of PDFs) flagged by the pilot; improved legal and governance arrangements between parties around data access, anonymisation, data interpretation, and data ownership and liabilities; and developing the processes for government to accept supplychain data through the UK Single Trade Window.
For example, EU AD/AS duties on Indonesian stainless steel apply on stainless steel with non-preferential origin Indonesia, regardless of the country of export. As context, to see whether AD/AS duties apply, you need to look at the non-preferential origin of imported products.
Businesses, either operators or traders, that make available relevant products on the EU market (or export them) will be required to ensure that products are ‘deforestation-free’ Operators are defined as entities who place relevant products on the EU market (including through use in the course of a commercial activity) or export them.
gigawatts “to ensure domestic module manufacturing continues to grow while manufacturers scale production throughout the supplychain.” 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.
This is mainly because otherwise commercially sensitive information will be reported through use of the template throughout the supplychain, even though CBAM does not legally obliges installation operators to do so.
This will empower local African companies to expand their customer base and enable access to wider export markets globally. The proposed idea is to digitally integrate smallholder farmers into Choppies’ supplychain, to overhaul procurement operations to allow fresh produce to swiftly reach store shelves.
Forced Labour SupplyChains Act The next reporting period under Canada’s supplychain transparency legislation, the SupplyChains Act (SCA), opens on January 1, 2025. A week later, the G7 issued joint guidance on preventing Russian export control and sanctions evasion, which we write about here.
On a day-to-day basis, restrictions arise most commonly in the context of export controls and economic sanctions. Ultimately, CFIUS exists to identify and address national security risks that cannot be ameliorated through another legal regime such as export controls or Foreign Ownership, Control or Influence (FOCI) mitigation.
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 supplychains. 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
We are thrilled to announce the return of Baker McKenzie’s Asia Pacific Trade Conference , the premier flagship event for our Trade Practice Group in Asia Pacific where trade experts from 10 APAC jurisdictions will discuss the evolving geopolitical and trade regulatory landscape effecting supplychains in APAC.
The year ended with ambitious statements by the governing Liberal Party on proposed legislation to eradicate forced and child labour in Canadian supplychains. This will allow reporting entities to align and streamline public statements regarding supplychain compliance efforts across jurisdictions.
In particular, the following benefits now apply: Tariffs : Over 99% of UK goods exported to CPTPP-member countries are now eligible for zero tariffs. Diversification of supplychain : UK businesses are able to diversify and expand their supplychains across member countries, including expanding where raw materials are purchased.
” With a weakening Canadian dollar and the foreclosure of a major export market due to the U.S. Canada Trade War appeared first on Import and Trade Remedies Blog. tariffs, Canadian businesses may face declining valuations and liquidity challenges which could incentivize foreign investors to acquire Canadian businesses.
pharmaceutical supplychain. Additionally, Travis is an invited speaker, author (blogs, journals, books) and has also served on the NSTAC, ICIT Fellow, and multiple advisory boards. He also was one of the first of ten students from across the nation to be awarded a scholarship from the DoD/NSAs in cybersecurity.
The GCC is the largest exporter to the U.S. exports to the GCC consist of commodities, vehicles, aircraft, mechanical and electrical machinery, phones, and precious and semi-precious stones. The GCC exports to the U.S. market and diversify their supplychain. in the region.
Happy Friday, blog readers, and welcome to the week in review. In parallel, the Pentagon’s release of key Cybersecurity Maturity Model Certification (CMMC) contracting rules aims to fortify the defense supplychain against cyber threats. You can read more about those topics in the articles below. Have a great weekend!
Whilst Trump’s second term will be unpredictable, key mitigation strategies can be implemented, such as relocation of production (subject to anti-circumvention rules see our blog post on the recent ECJ case on anti-circumvention of tariffs), considering contractual clauses and exclusions, as well as possible lobbying.
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.
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 ).
Our Global Customs team have been following these developments closely and are ready to advise clients on how these measures impact supplychains, and to help mitigate their impact. Baker McKenzie have been advising clients in preparation for these tariffs for several months.
SupplyChain Disruptions: The highly complex and global nature of pharmaceutical supplychains means that tariffs could cause significant disruptions. Medical Devices Tariffs are also likely to have a significant impact on the medical device industry, which also depends on complex supplychains and offshore manufacturing.
Non-tariff tools : Economic measures are also being used to control the global supplychains of critical minerals or other materials, for which China is a major supplier. Methods include export controls and reforms to export VAT refund rates for certain products, such as batteries, oils, and solar panels. with non-U.S.
goods and exporters to the U.S. Consider whether the CBSA’s January 2025 trade compliance priorities and verification priorities target your supplychain and whether compliance lapses put you at risk for unpaid duties/taxes, penalties and interest. exporters and businesses. tariffs and a possible spring election.
In response, 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. These tariffs are due to come into effect on 12 March 2025. They will trigger firm and proportionate measures.
Please note that this is a developing situation and this blog post will continue to be updated as further details are announced in respect of the application of US Tariffs and the Canada Tariffs. You can stay updated by subscribing to Baker McKenzie’s Import and Trade Remedies blog by clicking here and entering your e-mail address.
during 2018/2019 and outline strategies for businesses with North American supplychains to navigate potential uncertainty in the first quarter of 2025. announces tariffs on certain steel & aluminum products exported from Canada at rates of 25% and 10% under the authority of section 232 of the Trade Expansion Act.
Please note that this is a developing situation and this blog post will continue to be updated as further details are announced in respect of the application of U.S. You can stay updated by subscribing the Baker McKenzie’s Import and Trade Remedies blog by clicking here and entering your e-mail address. The surtaxes target U.S.
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