On 2 April 2025, United States President Donald J. Trump has invoked his authority under the US International Emergency Economic Powers Act of 1977 (IEEPA) to impose the following tariffs on imports into the United States: Certain goods are not subject to the reciprocal tariffs (e.g., steel, aluminum and autos and auto parts subject to existing Section 232 tariffs [of the US Trade Expansion Act of 1962], copper, semiconductors, pharmaceuticals, lumber, certain energy and critical…
As the final weeks of calendar-year 2024 draw to a close, we have highlighted some of the top trade issues impacting entities doing business in Canada and Canadian companies operating abroad. Businesses should continue to stay focused on trade compliance. We expect the developments noted below will occupy the time and attention of c-suite executives and trade compliance teams, alike. Summer 2024 was busy with government initiated-consultations focused on economic resilience and national security. After…
To offer a consolidated faculty of speakers across the globe that will deliver cutting-edge insights and guidance virtually on key global compliance, investigations and ethics trends, our Annual Mid-Year Trade Compliance sessions are now part of our Annual Compliance Conference that will be taking place virtually from 30 April – 6 June this year (with a vacation break during the week commencing 27 May). With 14 virtual sessions across five weeks, we want to…
Please join Baker McKenzie and ICPA for a fireside chat with Assistant Secretary Axelrod (U.S. Department of Commerce’s Bureau of Industry and Security) where he will share his insights on what to expect in the year ahead for export enforcement. Assistant Secretary Axelrod will provide his perspectives on Bureau of Industry and Security priorities and the multilateral enforcement framework that is emerging globally. At a time when export enforcement priorities are changing rapidly following Russia’s invasion of Ukraine…
In keeping with tradition, we are pleased to invite you to our annual Global Year-End Review of Import/Export & Trade Compliance Developments Conference to be held between December 4-7. The conference will provide valuable insights on the latest developments, challenges and opportunities in the ever-changing landscape of international trade.We will kick off the conference with an in-person networking session and panel discussion on December 4 on the pressing topic of “Navigating Trade Compliance Amidst Geopolitical Disruptions…
Baker McKenzie’s Global Compliance News Blog published “Venezuela: Decree establishes reform to the MERCOSUR Common Nomenclature,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Peru: Law on customs offences amended,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Canada Introduces An Import and Export Ban on the Trade of Certain Luxury Goods with Russia, Prohibits the Export of Goods With Use in Weapons Manufacturing and Designates 14 Additional Russian Individuals,” which can be viewed here.
On December 21, 2020, the International Trade Administration, Department of Commerce published in the Federal Register a notification of annual quantitative limit on imports of certain apparel from Haiti. The Caribbean Basin Economic Recovery Act (CBERA), as amended by the Haitian Hemispheric Opportunity through Partnership Encouragement Act (HOPE), provides duty-free treatment for certain apparel articles imported directly from Haiti. One of the preferences is known as the “value-added” provision, which requires that apparel meet a…
As the inauguration of the forty-sixth president of the United States approaches, the fragility of supply remains a critical lesson-learned from the COVID-19 pandemic. Our new report, in partnership with the Atlantic Council, titled The Biden-Harris Administration and the Future of Supply Chains in the Americas, explores how the next US administration can work alongside partners and allies in the Western Hemisphere to assure supply-chain resilience is achieved and prioritize, by answering key questions such…