On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the purpose of which is to provide emergency assistance and health care responses for individuals,...more
3/30/2020
/ Agricultural Sector ,
CARES Act ,
Coronavirus/COVID-19 ,
Cross-Border Transactions ,
Department of Health and Human Services (HHS) ,
Federal Food Drug and Cosmetic Act (FFDCA) ,
Federal Loans ,
Financial Assistance Policies ,
Medical Devices ,
Medical Supplies ,
National Stockpile ,
Prescription Drugs ,
Public Health Emergency ,
Reporting Requirements ,
State of Emergency ,
Supply Chain ,
Supply Shortages ,
Trump Administration ,
US Trade Policies ,
WTO
On January 16, 2020, the US Senate approved legislation implement the US-Mexico-Canada Agreement (USMCA) by a vote of 89 to 10, sending the legislation to President Trump to be signed into law. The Senate's approval follows a...more
1/18/2020
/ Amended Legislation ,
Canada ,
Free Trade Agreements ,
Mexico ,
NAFTA ,
Pending Legislation ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
USTR
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 15, 2019, the Office of the US Trade Representative (USTR) published a Federal Register notice formally implementing an additional ten percent tariff on approximately US$300 billion in annual imports from China...more
On August 5, 2019, the US Department of the Treasury ("Treasury") announced that Treasury Secretary Steven Mnuchin, "under the auspices of President Trump," has determined that China is a "currency manipulator" pursuant to...more
8/8/2019
/ Bilateral Agreements ,
China ,
Countervailing Duties ,
Currency Manipulation ,
Exchange Rates ,
Exports ,
Imports ,
International Monetary Fund ,
Omnibus Trade and Competitiveness Act of 1988 ,
Secretary of the Treasury ,
Section 3004 ,
Section 701 ,
Trade Facilitation and Trade Enforcement Act ,
Trade Remedies ,
Trade Wars ,
Trump Administration ,
U.S. Treasury ,
US Trade Policies
On May 30, 2019, President Trump announced his intention to impose an additional tariff of five percent on all goods imported from Mexico beginning June 10, 2019, pursuant to the International Emergency Economic Powers Act...more
As indicated on May 10, the Office of the US Trade Representative (USTR) today released a draft Federal Register notice proposing additional tariffs on approximately US$ 300 billion worth of goods imported from China ("List...more
5/16/2019
/ Ad Velorum Property Taxes ,
China ,
Economic Injuries ,
Imports ,
Public Comment ,
Public Hearing ,
Statements of Economic Interest ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
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
May 10, 2019, the Section 301 tariff rate on approximately US$200 billion worth of "List 3" Chinese imports increased to 25 percent (from the previous rate of 10 percent), after US and Chinese negotiators failed to reach an...more
5/15/2019
/ China ,
Customs and Border Protection ,
Exports ,
Imports ,
New Guidance ,
Section 301 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
On May 5, 2019, President Trump announced that he intends to increase the Section 301 tariff rate on approximately US$200 billion worth of "List 3" Chinese imports to 25 percent (from the current rate of 10 percent) beginning...more
The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more
2/7/2019
/ Automotive Industry ,
Bilateral Agreements ,
China ,
Congressional Authority ,
Congressional Intent ,
Countervailing Duties ,
CPTPP ,
Dispute Resolution ,
EU ,
Exports ,
Free Trade Agreements ,
Imports ,
International Trade Commission (ITC) ,
Japan ,
Legislative Agendas ,
NAFTA ,
Negotiations ,
Political Parties ,
Popular ,
Proposed Legislation ,
Section 232 ,
Senate Finance Committee ,
Steel Industry ,
Tariffs ,
TPPPs ,
Trade Expansion Act of 1962 ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
UK ,
United States ,
United States-Mexico-Canada Agreement (USMCA) ,
Uranium ,
US Trade Policies ,
USTR ,
Ways and Means Committee ,
WTO