Baker McKenzie’s Global Compliance News Blog published “United Kingdom & Vietnam: New circular to implement the UK-Vietnam FTA’s rules of origin,” which can be viewed here.
USMCA Implementing Regulations On July 6, 2021, US Customs and Border Protection (CBP) and the US Department of the Treasury (Treasury) published in the Federal Register the notice for the USMCA Implementing Regulations Related to the Marking Rules, Tariff-rate Quotas, and Other USMCA Provisions interim final rule. The interim rule is effective July 1, 2021. The rule amends CBP regulations to include implementing regulations for the preferential tariff treatment and related customs provisions of the…
Baker McKenzie’s InsightPlus published “Peru: Tariff preferences procedure between Peru and the United Kingdom is approved,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “United Kingdom & Vietnam: New circular to implement the UK-Vietnam FTA’s rules of origin,” which can be viewed here.
On 15 June 2021, the UK Government announced that the UK has secured a trade deal with Australia eliminating tariffs on all UK goods and boosting jobs and businesses across the country, in the first major trade deal negotiated from scratch by the Government since the UK left the EU. The announcement said that the main elements of the deal were agreed by Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison at a…
On June 11, 2021, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice announcing that the Parties to the United States-Mexico-Canada Agreement (USMCA) intend to hold the first meeting of the Labor Council virtually, on June 29, 2021. The session will include a government-to-government Labor Council meeting and a virtual public session on implementation of the USMCA labor chapter. The USTR and the US Department of Labor (DOL)…
On 2 June 2021, the UK government announced that the CPTPP nations had agreed to the UK’s bid to begin the accession process to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP is a trade agreement between 11 countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam), covering 500 million people. The announcement said the UK will continue to work closely with Japan, as this year’s…
On May 18, 2021, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice that the Parties to the United States-Mexico-Canada Agreement (USMCA) intend to hold the first meeting of the Environment Committee (Committee) virtually, on June 17, 2021. Following the government-to-government meeting, the Committee will hold a virtual public session. The Office of the USTR will accept comments on suggestions for topics to be discussed during the Committee…
On May 14, 2021, USTR announced that Ambassador Katherine Tai will host the inaugural Free Trade Commission (FTC) of the United States-Mexico-Canada Agreement (USMCA) on May 17-18, 2021. Mexican Secretary of Economy Tatiana Clouthier, and Canada Minister of Small Business, Export Promotion and International Trade, Mary Ng, will attend the virtual meeting. The USMCA modernized the trading relationship between the three countries for the 21st century. The FTC is the first step toward realizing the…
Action by USTR marks the first use of the USMCA Rapid Response Labor Mechanism On May 12, 2021,the US Trade Representative (USTR) announced that the United States has asked Mexico to review whether workers at a General Motors (GM) facility are being denied the right of free association and collective bargaining. The request is the first time any country has used the novel Rapid Response Labor Mechanism in the United States-Mexico-Canada Agreement (USMCA). USTR and…