On August 12, 2020, the US Trade Representative (USTR) issued a press release stating that, as required by U.S. law, the USTR is issuing a modification to the list of products subject to WTO-authorized additional duties in the United States’ successful WTO challenge to subsidies for large civil aircraft provided by the European Union, France, Germany, Spain, and the United Kingdom. USTR is removing from the tariff list certain products from Greece and the United…
On 24 July 2020, the European Commission announced the governments of France and Spain agreed with Airbus SE to modify the terms of the Repayable Launch Investment granted by them for development of the A350 aircraft to reflect market conditions. The announcement said: This means that the European Union and the Member States concerned – France, Spain and Germany, also known as the ‘Airbus Member States’ – are in full compliance with the rulings of…
On March 17, 2020, US Customs and Border Protection (CBP) and the Transportation Security Administration (TSA) published in the Federal Register a document notifying the public of certain arrival restrictions. The document announces the decision of the Secretary of Homeland Security (DHS) to direct all flights to the United States carrying persons who have recently traveled from, or were otherwise present within, the countries of the Schengen Area to arrive at one of the United…
In response to the growing impact of the COVID-19 Coronavirus in Europe, a number of countries have implemented national controls to restrict the export of medicines and medical equipment, such as face masks, gloves, and protective clothing. Over the weekend, the EU Commission reviewed actions taken by Member States and, while it has discouraged Member States from adopting measures which would limit intra-EU trade, it has introduced a temporary export ban on exports of certain…
On March 12, 2020, the US Trade Representative (USTR) published in the Federal Register a notice [Docket No. USTR-2019-0003] correcting a ministerial error in the consolidated list of descriptive subheadings included in Section 2 of Annex 2 of the notice published February 21, 2020 (85 Fed. Reg. 10204) modifying the Sec. 301 action in the Large Civil Aircraft Dispute investigation. The operative tariff language in Annex 1 of the February 21 notice is not affected.…
On March 4, 2020, CBP issued CSMS #41898289 – UPDATE: Section 301 EU LCA Modification – Effective March 05, 2020, which provides information and guidance on USTR’s modification of the Sec. 301 additional duties on products of the EU or its member states. It is reproduced below: The purpose is to provide notice of the United States Trade Representative’s (USTR) modification determination to impose additional duties on products of the European Union (EU) or certain…
On February 21, 2020, the Office of the US Trade Representative (USTR) published in the Federal Register a notice [Docket No. USTR-2019-0003] making adjustments to its WTO-authorized retaliation action relating to the Large Civil Aircraft case, which was implemented on October 18, 2019. The United States is increasing the additional duty rate imposed on aircraft imported from the EU to 15% from 10%, effective March 18, 2020, and making certain other minor modifications, effective March…
On February 14, 2020, the Office of the US Trade Representative (USTR) announced that USTR was issuing a notice in the Federal Register making adjustments to its WTO-authorized retaliation action relating to the Large Civil Aircraft case, which was implemented on October 18, 2019. The announcement stated that the United States is increasing the additional duty rate imposed on aircraft imported from the EU to 15% from 10%, effective March 18, 2020, and making certain…
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…