Proposed U.S. jewelry import policy would require declaration of origin

“While the regulations would have a significant impact on the jewellery industry in the US, which sources the vast majority of its materials from overseas – there are few details available at this point – including when—or even if—the regulations will go into effect, what they will entail for jewellery importers and how they will be enforced.”


Trump cracks down on Cuba, Nicaragua, and Venezuela

“The measures seem likely to hit hardest in Cuba, which is at a moment of severe economic weakness as it struggles to find cash to import basic food and other supplies following a drop in aid from Venezuela and a string of bad years in other key economic sectors.”

[Associated Press]

China said to lose market-economy trade case in EU, U.S. win

“The decision deals a significant blow to China, which had argued that its 2001 accession to the WTO required members after 15 years to treat Beijing as a market economy, which would reduce trade partners’ ability to curb goods sold below cost. The European Union, which was the defendant in the case, had previously used a non-market economy methodology when calculating anti-dumping duties, which allowed for higher penalties.”


Electronic information exchange now mandatory for ports

“A mandatory requirement for national governments to introduce electronic information exchange between ships and ports comes into effect from 8 April 2019. The aim is to make cross-border trade simpler and the logistics chain more efficient, for the more than 10 billion tons of goods which are traded by sea annually across the globe.”

[International Maritime Organization]

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