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After an exhaustive process of negotiation, the United States-Mexico-Canada Agreement (USMCA) will enter into force on July 1, 2020. Join Baker McKenzie on a 75-minute webinar to understand the impact of the agreement from a customs perspective in the midst of the COVID-19 pandemic. This webinar will bring together trade experts from the United States, Canada and Mexico for a discussion about the agreement’s most pressing issues in the customs landscape, including: • Changes in…

Shelter-in-place or stay at home orders have been prevalent throughout the United States since March 2020 as state and local governments have sought to protect their citizens from the spread of the COVID-19 virus. With the spread appearing to slow, several states are now implementing plans to revise and scale back these orders to re-open their economies. Keeping abreast of the evolving nature of these orders and plans is critical to the functioning of all…

Congress Passes Phase 3 of Coronavirus Response Earlier this week, the Senate passed the nearly $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. This bill, known as Phase 3, is beneficial for many franchise systems and hospitality brands and includes generous and unprecedented provisions to help provide liquidity for small businesses in an effort to keep their employees on the payroll. The House of Representatives passed the CARES Act on Friday and the President…

The Office of the United States Trade Representative (USTR) posted an advance copy of a notice to be published in the Federal Register announcing the USTR’s determination to grant the second set of exclusion requests from the $300 Bn action (Tranche 4A), which assessed initial additional duties of 15%, later reduced to 7.5%. See March 10, 2020, notice below for additional information. As set out in the Annex to this notice, the exclusions are reflected…

On 2 October, 2019, in Mauritius, the EU started negotiations with five Eastern and Southern Africa partners (so-called ESA: Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe) to deepen the existing Economic Partnership Agreement. Given the positive results generated by the current agreement, now in its 8th year of implementation, the five countries have declared their readiness to move beyond trade in goods, towards a more comprehensive agreement. The EU has welcomed this step, especially in the context of…

On October 2, 2019, the Office of the US Trade Representative (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…

On August 30, 2019, CBP issued CSMS # – UPDATE: Updated Information on Section 301 Trade Remedies to be Assessed on Certain Products of China; Fourth List of Products Subject to the Section 301 Remedy (Tranche 4) printed below in its entirety: This message provides notice of modification to the action being taken in the Section 301 investigation which increases the rate of additional duty from 10 to 15 percent for the products of China…

Save the Date! Each year, Baker McKenzie trade compliance lawyers from around the world come together to present a year-end review of import and export developments. The timing of this year’s event is particularly important given the developing “trade wars” initiated by the US Government with China, the EU, Canada and Mexico. Mark your calendars for this year’s two-day conference, which will be held Wednesday, November 13 through Thursday, November 14 at the Hyatt Regency in Santa Clara, California.…

Join us on Wednesday, July 3rd for a webinar entitled, “What happens if the JCPOA collapses?”. This webinar will address the effects of the possible reintroduction of UN sanctions on Iran following the termination or breach of the Joint Comprehensive Plan of Action. We will also cover: a brief introduction to the current situation, including the JCPOA, the US withdrawal from the JCPOA, and the EU blocking Regulation;  how the United Nations multilateral sanctions on…

The Ministry of Commerce of China (MOFCOM) announced on 31 May 2019 that the Chinese government will introduce an “Unreliable Entity List” regime, under which foreign entities or individuals that boycott or cut off supplies to Chinese companies for non-commercial purposes and causing serious damages to Chinese companies would be listed as “Unreliable Entities”. The specific rules, including the list itself and the restrictive measures applicable to the listed entities, will be separately released in the near future. This new regime may…