News
Print PDF

In the News: COAC Restructuring, Auto Tariffs, India-Korea FTA

Friday, November 30, 2018
Sandler, Travis & Rosenberg Trade Report

ST&R’s Feldman co-chairing restructured COAC

“Feldman said it’s now more important than ever for COAC to consider the wider industry needs, including those of small and midsize enterprises, when developing future recommendations for CBP. ‘We need to try to make COAC a grassroots organization and establish channels so that we’re able to receive more input from trade associations and round tables,’ he said. ‘It should be the people’s COAC, not an ivory tower COAC.’”

[American Shipper]

Trump renews auto tariff threat as trade czar aims at China

“President Donald Trump raised the prospect of slapping a 25 percent tariff on imported cars and ordered a review of China’s retaliatory auto tariffs against the U.S. as his administration continued to scramble to respond to General Motors Co.’s announcement of plant closures this week.”

[Bloomberg]

India, Korea working to expand free trade pact

“While the bilateral trade has doubled in the nine years since the CEPA was signed, the trade deficit has widened in Korea's favour. South Korea's exports to India jumped from $10.47 billion in 2010-11 to $16.36 billion in 2017-18. India's exports to South Korea, however, grew more slowly from $3.72 billion in 2010-11 to $4.46 billion in 2017-18.”

[Business Standard]

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines