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US: White House Delivers Slew of Tariff Announcements as Tariff Pause Expires

By , , , and 9 Mins Read

On July 30 and 31, President Trump issued several significant trade measures. The new developments come just days, or in some cases, hours, before the August 1 deadline for the “Liberation Day” reciprocal tariffs to resume. New Reciprocal Tariffs Announced On July 31, President Trump issued an Executive Order entitled “Further Modifying the Reciprocal Tariff Rates.” The Order sets new tariff rates for dozens of countries just hours before the “Liberation Day” reciprocal tariffs were…

Brazil: Deeper dive into US tariffs on Brazil and Brazil’s response

By , and 3 Mins Read

As reported on our blog earlier this week here and here, this Wednesday, July 9th, President Trump sent a letter to Brazilian President Luiz Inacio Lula da Silva informing that the United States will be imposing 50% tariffs on all Brazilian imports effective August 1st. The seven-paragraph correspondence follows a week in which Brazil hosted the BRICs summit in Rio de Janeiro. The letter cites the ongoing trial in Brazil against former President Jair Bolsonaro,…

US: US Updates Tariff Rates for Eight Countries in Latest Round of Tariff Letters

By 2 Mins Read

On July 9, President Trump took to social media to announce updated tariffs targeting eight countries, which will come into effect on August 1. The news follows the announcement two days earlier of revised tariffs against 14 countries and the extension of the postponement of country-specific reciprocal tariffs, until August 1. The revised tariff rates range from 20% to 50%. As with the previously announced duties, the updated rates include hikes for some countries as…

Navigating Global Anti-Dumping Procedures: A Comparative Table of Anti-dumping Procedures in Key Jurisdictions

By , , , , , and 2 Mins Read

In the realm of international trade, the anti-dumping instrument plays a crucial role in safeguarding domestic industries against unfair trading practices. The high number of anti-dumping investigations initiated around the world, as well as an increasingly broad product scope (such as touted cases on hydrogen or electric vehicles), mean that many internationally active companies will need to be aware of anti-dumping. While World Trade Organization law sets out the general framework for municipal anti-dumping rules,…

US – USTR announces next steps in DST Sec. 301 investigations [updated]

By 3 Mins Read

On March 26, 2021, the Office of the United States Trade Representative (USTR) announced the next steps in its Section 301 investigations of Digital Service Taxes (DSTs) adopted or under consideration by ten US trading partners. In January, USTR found that the DSTs adopted by Austria, India, Italy, Spain, Turkey, and the United Kingdom were subject to action under Section 301 because they discriminated against US digital companies, were inconsistent with principles of international taxation,…

USTR terminates Sec. 301 DST investigations for Brazil, the Czech Republic, the EU and Indonesia

By 2 Mins Read

On March 26, 2021, the Office of the United States Trade Representative (USTR) posted an advance copy of a Federal Register notice terminating, as of March 26, 2021, the Section 301 investigations of Digital Services Taxes (DSTs) under consideration by Brazil, the Czech Republic, the European Union, and Indonesia because these jurisdictions either have not adopted or not implemented a DST during the period of investigation. As of March 25, 2021, Brazil, the Czech Republic,…

US, Brazil update agreement on trade and economic cooperation

By 1 Min Read

On October 19, 2020, the Office of the US Trade Representative (USTR) announced that  the United States and Brazil signed a new Protocol relating to Trade Rules and Transparency.  This Protocol updates the 2011 Agreement on Trade and Economic Cooperation (ATEC) with three new annexes comprising state-of-the-art provisions on Customs Administration and Trade Facilitation, Good Regulatory Practices, and Anticorruption.

US – BIS publishes procedures to grant relief from quotas applicable to certain steel from Brazil

By 2 Mins Read

On October 13, 2020, the Bureau of Industry and Security (BIS), Department of Commerce, will publish in the Federal Register a temporary final rule [Docket No. 201006-0266] that establishes procedures to grant relief from the quantitative limitation applicable to certain steel articles for Brazil for parties with preexisting contracts that meet specified criteria as authorized by the President as part of the action he took to adjust imports under Section 232 of the Trade Expansion…