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Voluntary self-disclosure of sanctions violations, along with significant remedial measures after those violations were discovered, were key factors in a recent Office of Foreign Assets Controls decision to impose a minor penalty for those violations.
The U.S. trade deficit in goods and services climbed again in May, up 9.6 percent, but decreases in imports and exports were markedly lower than the previous month.
Textile labeling, food import requirements, and countervailing duties on imported goods are among the topics of regulations set forth in the semiannual regulatory agendas recently issued by a number of federal agencies.
U.S. businesses, investors, and others with potential exposure in their supply chains to China’s Xinjiang Uighur Autonomous Region or facilities outside Xinjiang that use labor or goods from Xinjiang are being warned of the economic, legal, and reputational risks of being involved with entities that engage in human rights abuses, including forced labor in the manufacture of goods intended for international distribution.
In response to new security measures China has voted to impose on Hong Kong beginning July 1, the U.S. is restricting exports of defense items and dual-use goods and technologies to Hong Kong.
Continuing education for customs brokers, imports made with forced labor, and electronic filing of bonds are among the U.S. Customs and Border Protection regulations listed in the semiannual regulatory agendas of the departments of Homeland Security and the Treasury, which list the following regulations affecting international trade that could be issued within the next year.
The Interagency Labor Committee for Monitoring and Enforcement is seeking public comments by Aug. 15 on the procedures for submissions by the public of information with respect to potential failures by Canada or Mexico to implement their labor obligations under the USMCA.
The FTC is proposing to adopt a rule prohibiting marketers from including unqualified “Made in USA” claims on labels unless (1) final assembly or processing of the product occurs in the U.S., (2) all significant processing that goes into the product occurs in the U.S., and (3) all or virtually all ingredients or components of the product are made and sourced in the U.S.
The Trump administration does not appear likely to grant tariff exclusions for imports of goods needed to fight the COVID-19 pandemic, according to remarks by U.S. Trade Representative Robert Lighthizer at recent congressional hearings.
An extension for up to 12 months of specific exclusions from the Section 301 additional tariff on List 2 goods from China as well as all current exclusions from the additional tariff on List 4A goods from China is under consideration by USTR. Comments may be submitted between July 1 and July 30.
The Federal Trade Commission is proposing to repeal the mandatory care labeling requirements for apparel and certain textile piece goods. Interested parties will be able to submit input for a period of 60 days from the date of publication of the proposal in the Federal Register.
Recent comments by U.S. Trade Representative Robert Lighthizer that the U.S. will “seek a broader reset at the WTO” with respect to member countries’ tariff commitments suggest that more U.S. tariff increases, along with retaliatory measures by U.S. trading partners, could be on the horizon.
The U.S. is conducting or exploring negotiations on bilateral trade agreements with a number of trading partners. U.S. Trade Representative Robert Lighthizer provided the following updates on these talks in June 17 hearings before the Senate Finance and House Ways and Means committees.
U.S. Trade Representative Robert Lighthizer said June 17 that the Trump administration may consider a change to a policy that has facilitated the expansion of e-commerce and yielded lower costs for many importers.
This report on the annual performance of DDTC’s “Blue Lantern” end-use monitoring program highlights the importance for defense exporters to maintain effective compliance procedures.
A group of 13 World Trade Organization members announced this week a number of trade policy-related steps they plan to take to “support an inclusive, sustainable, and resilient” global economic recovery from the COVID-19 pandemic.
The Department of Commerce’s Office of Textiles and Apparel reports that monthly imports of cotton, wool, manmade fiber, silk blend, and non-cotton vegetable fiber textile and apparel products totaled 4.01 billion square meter equivalents in April 2020, down 4.3 percent from March and 23.6 percent from April 2019.
The International Trade Commission has submitted to Congress its preliminary report on the petitions for duty suspensions and reductions that have been filed with the ITC under the revamped miscellaneous trade bill process.
The U.S. trade deficit in goods and services soared again in April, up 16.8 percent, as both imports and exports saw historic declines amid the COVID-19 pandemic.
Dozens of additional goods are being excluded from the Section 301 additional tariff (currently 7.5 percent) on List 4A goods from China. Importers of covered goods should act now to obtain refunds of Section 301 tariffs paid on such goods since Sept. 1, 2019.