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A group of 41 House and Senate Republicans expressed concern this week in separate letters to U.S. Trade Representative Robert Lighthizer about the potential negative effects of the proposed safeguard remedies on imports of crystalline silicon photovoltaic cells and modules. President Trump faces a Jan. 12 deadline to decide whether to impose any remedies in this proceeding.
A recent WTO report finds that WTO members introduced fewer trade-restrictive measures from mid-October 2016 to mid-October 2017 compared to the previous year. WTO Director-General Roberto Azevêdo said that at $169 billion the import-facilitating measures adopted during the review period covered twice the value of the import-restrictive measures implemented, which totaled $79 billion. He also highlighted the trade liberalization measures associated with the expansion of the ITA, estimated at about $385 billion.
Sandler, Travis & Rosenberg, P.A., is pleased to announce that consulting and trade compliance management company Sandler Travis Trade Advisory Services Inc. has been acquired by United Parcel Service Inc. STTAS will continue to provide its same services, from the same offices, with use of the same personnel. It will also continue to serve as a resource to ST&R on joint client issues as it has in the past.
U.S. trade officials were critical of a report issued this week on ways to reduce excess capacity in the global steel market. More than 30 steel producing countries representing 90 percent of global steel manufacturing launched the Global Forum on Excess Steel Capacity in December 2016 in an effort to address the systemic issues causing the global steel crisis. The European Union said forum members have now agreed on “an ambitious package of concrete policy solutions,” but the Office of the U.S. Trade Representative said “much work remains.”
U.S. Customs and Border Protection is conducting multiple experiments and technology demonstrations as part of an ongoing initiative to modernize its revenue collection process. CBP is also working to track the implementation of more than a dozen revenue modernization recommendations offered by the Commercial Customs Operations Advisory Committee earlier this year.
U.S. Customs and Border Protection is looking to expand participation in its ongoing tests of the feasibility and functionality of filing air, rail, and vessel cargo export manifest data electronically through the Automated Commercial Environment. This effort comes as CBP continues to work to reconcile its interest in obtaining advance information for export manifest requirements with the export data requirements in the Census Bureau’s Foreign Trade Regulations.
U.S. Customs and Border Protection is considering a number of options for further action to ensure the collection of antidumping and countervailing duties on imported goods. Earlier this year President Trump issued an executive order directing federal authorities to step up AD/CV duty collections, which an August 2016 Government Accountability Report said had fallen $2.3 billion short over the previous 15 years.
U.S. Customs and Border Protection is moving ahead with an evaluation of the implications and potential application of blockchain technology to trade processing. As part of that effort, CBP’s Commercial Customs Operations Advisory Committee has established a working group to examine this issue.
The ITC has announced its recommendations for import restrictions on large residential washers following its determination in a section 201 global safeguard investigation that increased imports of such products are seriously injuring the domestic industry. These recommendations will be forwarded by Dec. 4 to President Trump, who faces a Feb. 4 deadline for making a final decision on which, if any, to implement.
The Justice Department announced Nov. 20 that the head of a non-governmental organization based in Hong Kong and Virginia and the former foreign minister of Senegal have been charged with participating in a multi-year, multimillion dollar scheme to bribe high-level officials in Chad and Uganda in exchange for business advantages for a Chinese oil and gas company, in violation of the Foreign Corrupt Practices Act.
USTR has updated the U.S. objectives for the renegotiation of the NAFTA that were originally announced July 17. According to a USTR press release, the updated objectives reflect the goals of text proposals tabled by the U.S. in the ongoing talks.
Trade liberalization continues to backslide, the report states, as Chinese government policy contributes to rising protectionism and unfair regulatory restrictions that have left more than three-quarters of U.S. firms responding to a recent survey feeling less welcome in China than they did a year earlier. However, the report also sees opportunities for U.S. companies in the Chinese market.
Members of the House and Senate registered their opposition to several Trump administration proposals to revamp NAFTA this week as the fifth round of negotiations to update the agreement got underway in Mexico City. Expectations for the round were dampened when the three trade ministers announced they would not attend.