On September 19, 2018, the President signed Notice of September 19, 2018 – Continuation of the National Emergency With Respect to Persons Who Commit, Threaten To Commit, or Support Terrorism which continues for an additional year the national emergency originally declared on September 23, 2001, by Executive Order 13224 Read more…
On September 19, 2018, the Office of the US Trade Representative (USTR) published in the Federal Register a notice [Docket Number USTR-2018-0001] stating that USTR has determined that particular products should be excluded from the safeguard measure applied to certain solar products and is modifying subchapter III of chapter 99 of the Harmonized Tariff Schedule of the United States (HTS) as set forth in the Annex of the notice to implement these exclusions.Read more…
On September 19, 2018, the Department of State published in the Federal Register a correction [Public Notice: 10551] to a document in the Federal Register of August 27, 2018, concerning sanctions and waivers under the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991. The waiver section of the document contained incomplete language. In the Federal Register of August 27, 2018 in FR Doc. 2018-18503 on page 43724, in the first column, correct the “Wholly-Owned U.S. Subsidiaries” paragraph to read:Read more…
On September 18, 2018, the Ministry of Finance announced that Office of the Customs Tariff Commission of the State Council decided to impose additional tariffs of 5% or 10% on 5,207 tax items and about 60 billion US dollars of goods originating in the United States starting from 12:01 on September 24, 2018. If the US insists on further increasing the tariff rate, the Chinese side will respond accordingly and the relevant matters will be announced separately.Read more…
President Trump announced on September 17, 2018 that the United States would be moving ahead to impose additional duties on a further $200 billion worth of Chinese-origin imports (referred to as ’List 3’). According to the announcement, the additional duties will start at 10% and run through the end of the year. If the matter has not been resolved satisfactorily by then, the rate will be increased to 25% on January 1, 2019. The additional duties will become effective next Monday, September 24, 2018. A copy of the statement is available here.Read more…
On September 4, 2018, the US House of Representatives passed the Miscellaneous Trade Bill Act (H.R. 4318) under suspension of the rules. The House had previously passed the bill (402-0), but the Senate passed the bill on a voice vote with minor amendments, requiring the House to take it up again. The President signed the MTB on September 13 and it is now Public Law 115-239.Read more…
On September 17, 2018, the Bureau of Industry and Security (BIS) published in the Federal Register a request for comments [Docket No. 180821787–8787–01] on the effectiveness of its licensing procedures as defined in the Export Administration Regulations for the export of agricultural commodities to Cuba. BIS will include a description of these comments in its biennial report to the Congress, as required by the Trade Sanctions Reform and Export Enhancement Act of 2000, as amended (TSRA). Comments must be received by October 17, 2018.
On September 12, 2018, President Trump issued a new Executive Order, “Imposing Certain Sanctions in the Event of Foreign Interference in a United States Election” (the “Order”). The Order authorizes the designation as Specially Designated Nationals (“SDNs”) of parties that engage in foreign interference in US elections. While the Order provides the authorization and criteria for such designations, it does not designate any additional parties as SDNs at this time. Read more…
Baker McKenzie is pleased to invite you to interactive seminars in Abu Dhabi and Dubai in October 2018 to discuss the implications of these sanctions for international trade, as part of our global Sanctions Roadshow, a series of interactive seminars being conducted around the world. Speakers include sanctions experts from the US, EU and Middle East, highlighting:
- the US sanctions against Iran, EU blocking measures to prevent US sanctions compliance, and the future of the JCPOA;
- the latest US sanctions against Russia, the EU’s possible next moves, and Russian countermeasures;
- an update on the economic boycott of Qatar, and
- other hot topics in sanctions compliance, particularly for those operating in the Middle East.
Our Sanctions Roadshow seminars are all free to attend – please click on the links on the right to register for the UAE events. If you have any queries or would like a schedule of our global Sanctions Roadshow, please do not hesitate to contact Jenny Medina.
Abu Dhabi – 2 October 2018
Baker McKenzie Habib Al Mulla
Level 8, Al Sila Tower
Abu Dhabi Global
To register, click here.
Dubai – 3 October 2018
The Capital Club
Gate Village, Building 3
Dubai International Financial Centre
To register, click here.
Our lawyers will be available for one-to-one meetings in Abu Dhabi on 2 October and in Dubai on 3 October to discuss specific trade-related issues you may have. Please contact via email if you wish to set up a personal appointment as the number of meetings will be limited.
For more information click here