Hot Topics in International Trade - What it means to believe
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Join Kelley Drye partners Paul Rosenthal and Jennifer McCadney for a timely webinar on the Trump administration’s sweeping new and proposed tariff programs. This session will provide insights into overlapping trade actions,...more
This is the third in a three-part series on new challenges for businesses presented by the USMCA from Canadian and Mexican perspectives. Part one looked at trade and customs and part two at labour....more
This is the second in a three-part series on new challenges for businesses presented by the USMCA from Canadian and Mexican perspectives. Part one looked at trade and customs and part three will look at anti-corruption....more
This is the first in a three-part series on new challenges for businesses presented by the USMCA from Canadian and Mexican perspectives. Part two will look at labour and part three at anti-corruption....more
On 24 April 2020 United States Trade Representative (USTR) Robert Lighthizer notified Congress that the United States-Mexico-Canada Agreement (USMCA) will enter into force 1 July 2020. As a result, the North American Free...more
The USMCA permits CBP to verify whether a good entered with a claim for preferential tariff treatment qualifies as originating by: (1) Written request or questionnaire to the importer, exporter, or producer of the good...more
The USMCA textile and apparel rules of origin are generally based on the “yarn forward” rule, which requires the formation of the yarn (spinning or extruding) and all processes following yarn formation to occur in the USMCA...more
The USMCA does not require the use of CBP Form 434, as there is no prescribed format for certificate of origins under the USMCA. These certifications are to be completed by the exporter, producer, or importer certifying that...more
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
In this episode, Akin Gump international competition and trade partner Davina Garrod and corporate partner Gavin Weir discuss M&A in the U.K., EU, U.S., China and more, its state of health and where it might go in 2020....more
As trade with our North American neighbors continues to evolve and grow, we’re taking a closer look at the newly ratified United States-Mexico-Canada Agreement (USMCA) and examining how the new Agreement will impact trade...more
The United States, Canada, and Mexico are poised to usher in a new phase in the shared fight against corruption For the first time in history, the United States has ratified a free trade agreement that includes provisions...more
The United States-Mexico-Canada Trade Agreement (USMCA) is noteworthy for its novel “facility specific rapid response labor mechanism” (the Rapid Response Mechanism or Mechanism). The Mechanism permits the United States or...more
Earlier this week, President Donald Trump signed the United States-Mexico-Canada Agreement (USMCA) Implementation Act, which ratifies the trade agreement that will soon replace the North American Free Trade Agreement (NAFTA)....more
On Wednesday, President Donald Trump signed the United States-Mexico-Canada Agreement (USMCA) into law. The USMCA contains a number of key and last-minute revisions that implicate biologic medicines and patent obligations. ...more
While there’s plenty of other business afoot in D.C. these days, it also happens to have been a pretty big week for trade deals. A day after Phase One with China was inked, the Senate overwhelmingly approved a revised...more
Final amendments to the United States-Mexico-Canada Agreement (USMCA) were agreed to on Dec. 9, 2019, clearing the path for its approval in the U.S., most likely during the first trimester of 2020. Once approved by all three...more
What lies ahead for the UK's future trading relationship with the EU and the US? Following the Conservative Party's landslide victory in the UK general election, which Boris Johnson won on a promise to "get Brexit done",...more
Passage of the United States-Mexico-Canada Agreement (USMCA) has recently been characterized by the media as a political issue, with President Trump pushing for a vote by year’s end and House Speaker Nancy Pelosi not...more
On 30 November 2018, President Donald Trump delivered on his campaign promise and reached an agreement with Mexico and Canada to replace the North American Free Trade Agreement (NAFTA) with the United States-Mexico-Canada...more
Last night, I had the chance to attend an interesting panel discussion featuring Richard Steffens (Acting Deputy Assistant Secretary for Western Hemisphere, U.S. Department of Commerce) and Jacobeth Hernandez (Consul for...more
The White House announced on Friday that the US and Mexico reached a deal that it deemed sufficient to keep from levying the threatened 5% tariffs on Mexican goods that was set to take effect today. As details of that deal...more
Due to what was firstly characterized as an illegal immigration crisis, and then as a measure to force companies to leave Mexico and return to the U.S., the Trump administration announced that starting June 10, 2019, it plans...more
President Trump issued an official statement on May 30 announcing the Administration’s intention to impose an additional 5% tariff on all imports from Mexico, effective on June 10, unless the Mexican government takes more...more
The USMCA, signed on November 2018, is making its way through the legislative processes in the United States, Mexico, and Canada. Both Mexico and Canada will be closely looking at the eventual progress in the United States...more