More than one month after President Trump’s announcement that the United States and China had reached a narrow, “Phase One” trade agreement “in principle,” negotiations to finalize the agreement remain incomplete, and...more
On October 21, 2019, the Office of the US Trade Representative (USTR) released a Federal Register notice inviting interested persons to request the exclusion of particular products from the 15 percent ad valorem tariff...more
Following President Trump’s October 11, 2019 announcement of a “phase one” trade agreement between the United States and China (please refer to the W&C US Trade Alert dated October 11, 2019), additional details have emerged...more
On August 23, 2019, China's State Council Tariff Commission (SCTC) announced that China will impose additional tariffs ranging from five percent to 10 percent on approximately US$75 billion in annual imports from the United...more
On August 5, 2019, the US Department of the Treasury ("Treasury") announced that Treasury Secretary Steven Mnuchin, "under the auspices of President Trump," has determined that China is a "currency manipulator" pursuant to...more
8/8/2019
/ Bilateral Agreements ,
China ,
Countervailing Duties ,
Currency Manipulation ,
Exchange Rates ,
Exports ,
Imports ,
International Monetary Fund ,
Omnibus Trade and Competitiveness Act of 1988 ,
Secretary of the Treasury ,
Section 3004 ,
Section 701 ,
Trade Facilitation and Trade Enforcement Act ,
Trade Remedies ,
Trade Wars ,
Trump Administration ,
U.S. Treasury ,
US Trade Policies
Office of the US Trade Representative (USTR) this evening announced its intention to apply new tariffs on all remaining China-origin imports, totaling approximately USD 325 billion per year, under Section 301 of the Trade Act...more