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In the News: China Tariffs, Apparel, WTO Reform, Export Controls, EFTA-Mercosur Deal

Thursday, September 05, 2019
Sandler, Travis & Rosenberg Trade Report

China imports worth $250 billion a step closer to 30 per cent tariff

“According to US law firm Sandler, Travis & Rosenberg, the invitation is a chance for businesses to convince the White House that ‘the proposed increase on particular products would cause disproportionate economic harm to US interests, including small or medium-sized businesses and consumers.’”

[South China Morning Post]

Trade war pushes garment companies back to Bangladesh

“‘Historically it's been a very mobile industry,’ said Nicole Bivens Collinson, president of international trade at Sandler, Travis, and Rosenberg, a law firm based in Miami. ‘You can set up a factory with sewing machines relatively easily.’”

[The Wall Street Journal]

A ray of hope emerges on the WTO’s path to paralysis

“The G-7 statement on WTO reform was noteworthy because it aligned with the Trump administration’s demands for tougher intellectual-property protections, a more efficient system for settling disagreements and new curbs on unfair commercial practices. President Donald Trump emphasized he’s not yet satisfied with the various proposals aimed at fixing the WTO, but added that ‘we’re getting there.’”

[Bloomberg]

Nominee to head U.S. export controls bureau gives up acting duties

Nazak Nikakhtar “said on Thursday she is renouncing her acting duties but has not withdrawn from the confirmation process.”

[Reuters]

EFTA, Mercosur conclude free trade deal

“According to a summary of the agreement, the FTA is described as comprehensive and covers trade in goods, trade in services, investment, intellectual property rights, government procurement, competition, trade and sustainable development, legal, and horizontal issues including dispute settlement.”

[Tax-News]

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