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The Foreign Ministers of France, Germany and the United Kingdom (the “E3 Foreign Ministers“) have today released a statement that they are triggering the dispute resolution mechanism in relation to the Joint Comprehensive Plan of Action (“JCPOA“), following Iran’s decision to no longer abide by the uranium enrichment limits of the JCPOA (see our earlier blog post on this here). In their statement, the E3 Foreign Ministers highlighted that they have triggered the dispute resolution mechanism in…

On January 13, 2020, the US Department of the Treasury announced that it had delivered to Congress the semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. In this Report, Treasury reviewed and assessed the policies of 20 major US trading partners. Treasury also assessed developments over the last several months with China and its currency practices. The announcement said: The Report concluded that while the currency practices…

On October 29, 2019, CBP issued CSMS #40430843 – Additional Duty on Products of the Countries of the European Union Under Large Civil Aircraft Section 301 Trade Remedy Action, which updates guidance provided in CSMS #40281968 on the same subject. It is reproduced below: BACKGROUND The U.S. Trade Representative has determined that the EU and certain member states have denied U.S. rights under the World Trade Organization (WTO) Agreement and have failed to implement WTO…

On October 17, 2019, CBP issued CSMS #40281968 – Additional Duty on Products of the Countries of the European Union Under Large Civil Aircraft Section 301 Trade Remedy Action, which is reproduced below: BACKGROUND The U.S. Trade Representative has determined that the EU and certain member states have denied U.S. rights under the World Trade Organization (WTO) Agreement and have failed to implement WTO Dispute Settlement Body recommendations concerning certain subsidies to the EU large…

On October 2, 2019, USTR announced that the United States has requested that the WTO schedule a meeting on October 14 to approve a US request for authorization to take countermeasures against the EU in connection with the arbitrator’s decision in the WTO dispute entitled “European Communities and Certain member States — Measures Affecting Trade in Large Civil Aircraft” (DS316). Earlier in the day, the WTO announced that a WTO arbitrator issued its decision finding…

On October 9, 2019, the Office of the US Trade Representative (USTR) published in the Federal Register its Notice of Determination and Action Pursuant to Section 301: Enforcement of U.S. WTO Rights in Large Civil Aircraft Dispute [Docket No. USTR-2019-0003] (originally posted by USTR on its website on October 4 as an advance copy). The notice states that USTR has determined that the European Union (EU) and certain member States have denied US rights under…

On October 2, 2019, USTR announced that the United States has requested that the WTO schedule a meeting on October 14 to approve a US request for authorization to take countermeasures against the EU in connection with the arbitrator’s decision in the WTO dispute entitled “European Communities and Certain member States — Measures Affecting Trade in Large Civil Aircraft” (DS316). Earlier in the day, the WTO announced that a WTO arbitrator issued its decision finding…

On October 4, 2019, the Office of the US Trade Representative (USTR) posted on its website an advance copy of the Federal Register Notice of Determination and Action Pursuant to Section 301: Enforcement of U.S. WTO Rights in Large Civil Aircraft Dispute [Docket No. USTR-2019-0003], which states that USTR has determined that the European Union (EU) and certain member States have denied US rights under the World Trade Organization (WTO) Agreement and have failed to…

The High Representative of the European Union and the Foreign Ministers of France, Germany and the United Kingdom released a joint statement today (see here for the full statement) following Iran’s announcement yesterday that it would withdraw from certain commitments as agreed as part of the 2015 nuclear agreement (see our post here on this). The statement urged Iran to continue to implement its commitments under the nuclear agreement, stating that Iran’s compliance would be…