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In the News: Sourcing, Australia Tariffs, Philippines-Korea FTA

Friday, June 07, 2019
Sandler, Travis & Rosenberg Trade Report

Mexico tariff threat trips up manufacturers shifting out of China

“U.S. Customs and Border Protection, they say, has stepped up its use of a little-known rule -- called substantial transformation analysis -- to determine how much value-added work was added to goods from exporting countries. The agency ‘is definitely more carefully scrutinizing any merchandise that is coming to the U.S., that they saw coming from China and now see it coming from another country,’ said Lenny Feldman, an international trade attorney with the U.S.-based Sandler, Travis & Rosenberg law firm.”

[Wall Street Journal]

President Trump considered imposing tariffs on Australian imports

“Some of President Donald Trump’s top trade advisers had urged the tariffs as a response to a surge of Australian aluminum flowing onto the U.S. market during the past year. But officials at the Defense and State departments told Trump the move would alienate a top ally and could come at significant cost to the United States.”

[New York Times]

Philippines, South Korea launch FTA negotiations

“According to a June 3-dated joint statement issued in Seoul, the two countries agreed to work towards a resolution of talks by November, in time for the 2019 South Korea-Association of Southeast Asian Nations Summit.”

[BusinessWorld]

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