In the News: FTA Talks, Drawback, Cuba Embargo, CBP Leadership
European Commission approves trade negotiations with U.S.
“The directives for the negotiations cover two potential agreements with the U.S.: A trade agreement strictly focused on industrial goods, excluding agricultural products; [and] A second agreement, on conformity assessment to make it easier for companies to prove their products meet technical requirements on both sides of the Atlantic.”
U.S. raises trade deficit concerns with Japan in trade agreement talks
“Motegi said the two nations have not agreed on auto issues and declined to comment on details. Japanese officials have said Tokyo would not accept auto export restrictions if the U.S. makes such demands. The United States also indicated interest in agricultural products, Motegi said, but he told Lighthizer that Japan could make no concessions beyond what Tokyo has agreed on other economic partnerships.”
Section 301 bringing crowd of new drawback filers
“‘An area that was fairly duty-free was the high-tech area, computer parts. Well now all the sudden, they’re paying 301 duties. They’re paying a lot of them, and they want their money back,’” said ST&R’s Michael Cerny.
EU threatens WTO action if U.S. ends waiver on Cuba embargo law
“The move comes amid growing European concerns that the Trump administration is considering fully implementing the 1996 Helms-Burton Act, which would allow U.S. nationals to lodge claims in U.S. courts against foreign firms that do business in and with Cuba.”
CBP’s COO to oversee commissioner functions