Archives: Trade Policy & Market Access

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What Does a Trump Trade Agenda Look Like? Here is Our Take

Likely Major Policy Developments   President-Elect Trump will enter the White House facing a dramatic decline in global trade growth. A recent World Trade Organization (WTO) report notes that 2016 marks the slowest pace of trade and output growth since the 2008 financial crisis. WTO Director-General Roberto Azevêdo called slowing trade growth “a wake-up call,” … Continue Reading

Trade Talk: Week in Review (17-23 October 2016)

With less than two weeks remaining until Election Day, President Obama started this week, on the campaign trail, advocating for Hillary Clinton to be the next U.S. president.  Republican contender Donald Trump is currently trailing in the polls. The U.S. Congress is in recess until after the 8 November elections.  The House of Representatives will … Continue Reading

Trade Talk – Week in Review (10-16 October 2016)

The U.S. Congress is in recess until after the 8 November elections.  The House of Representatives will reconvene on Monday, 14 November, and the Senate the following day. The U.S. International Trade Commission (USITC) published its long awaited Federal Register notice on 14 October regarding the Miscellaneous Tariff Bill (MTB) petition process. Petitions for duty … Continue Reading

WTO Confirms That Russian Import Duties Violate WTO Rules

On 12 August, a WTO dispute settlement panel confirmed that Russian import duties on paper, refrigerators and palm oil violate WTO rules. According to the panel, the import duties exceed those Russia agreed to when it joined the WTO in August 2012. This marks the first case ever decided in the WTO against Russia. The EU has initiated dispute settlement … Continue Reading

HM Treasury Updates Its Consolidated List Regarding Financial Sanctions Imposed Against Iranian Entities

The Office of Financial Sanctions Implementation has removed three Iranian companies from its list of sanctions targets listed on the EU’s anti-nuclear sanctions on Iran. The following companies have had their listings annulled as a result of Judgments of the General Court of the European Union: IRISL Club, IRISL Multimodal Transport Company and Leading Maritime PTE Ltd.… Continue Reading

EU Removes 19 Entities From Its Sanctions Against Iraq

The EU has removed 19 entities from its sanctions targeting Iraq, which apply to the previous government of Iraq and related people and entities covered by the freezing of funds and economic resources that were located outside Iraq on 22 May 2003. This implements a UN decision to de-list the entities from UN sanctions on 16 September 2016. Commission Implementing … Continue Reading

WTO Says EU Has Failed to Comply With Airbus Ruling

On 22 September, the World Trade Organisation (WTO) announced that the EU had failed to eliminate illegal aid to Airbus, handing US rival Boeing one of the biggest triumphs on the global stage in its 12-year battle with Airbus. The WTO stated that the EU and Britain, France, Germany and Spain had failed to comply with earlier rulings against … Continue Reading

Race for Africa Trade Continues to Intensify

The apparent race for African trade continues to intensify with African Growth & Opportunity Act (AGOA) Forum taking place in Washington the last week in September and the European Parliament approving further trade agreements with six African states earlier in October. Frank Samolis and Stacy Swanson discuss the need for greater international cooperation in relation to … Continue Reading

Trade Talk: Week in Review (26 September – 2 October)

The U.S. Congress is in recess until after the 8 November elections. JASTA – Congress Overturns the Veto.  Both chambers of Congress voted last week to override President Obama’s veto of the Justice Against Sponsors of Terrorism Act (JASTA; S. 2040), marking the first time lawmakers have successfully overridden a veto during his eight years … Continue Reading

Trade Talk: Week in Review (6-11 September 2016)

JASTA – Bill Sent to President.  The House voted by voice vote last Friday to advance the Senate-passed JASTA measure to President Obama’s desk for signature into law. Congress acted on a measure that many believe is long-overdue for the victims of the 9/11 attack just ahead of Sunday’s 15th anniversary of the terrorist attack.  … Continue Reading

Trade Talk: Week in Review (29 August – 5 September 2016)

The U.S. Congress returns to Washington on Tuesday after a six-week recess.  On Monday, Senate Foreign Relations Committee (SFRC) Chairman Bob Corker (R-Tennessee) issued a statement on the perceived lack of strong U.S. leadership, setting the stage for potentially-increased Republican oversight this fall: Just as we saw our allies in Europe dissing us over the … Continue Reading

Trade Talk: Week in Review (22-28 August 2016)

TPP – Opposition Remains Strong.  Senate Majority Leader Mitch McConnell (R-Kentucky) stated last week that the U.S. Senate will not vote on TPP’s implementing legislation during lame-duck session of Congress as many – including the Obama Administration – had hoped, saying: The current agreement, the Trans-Pacific agreement, which has some serious flaws, will not be … Continue Reading

Trade Talk: Week in Review (15-21 August 2016)

GAO Report on Antidumping.  House Ways and Means Chairman Kevin Brady (R-TX) released a statement on 15 August in response to the GAO report titled, “Antidumping and Countervailing Duties: CBP Action Needed to Reduce Duty Processing Errors and Mitigate Nonpayment Risk.”  He stated: [The] GAO report highlights that the Administration needs to do much more … Continue Reading

Trade Talk: Week in Review (8-14 August 2016)

TPP – Draft SAA Submitted.  Friday’s notification reaffirmed the Obama Administration’s intent to push for Congress to approve the Trans-Pacific Partnership (TPP) deal before the end of the year.  The text of the draft Statement of Administrative Action (SAA), which sets out the President’s plans for implementation of the deal, is required to be submitted … Continue Reading

Trade Talk: Week in Review (1-7 August 2016)

Singapore – Official Head of State Visit.  On Tuesday, 2 August, President Obama and Prime Minister Lee met in Washington to discuss bilateral relations between their two countries.  The White House released a joint U.S.-Singapore statement detailing cooperative efforts to:  (1) support robust economic cooperation and commercial connectivity and drive innovation; (2) enhance security and … Continue Reading

Trade Talk: Week in Review (25-31 July 2016)

Russia – Hacking Allegations; FBI Investigates.  Last week, law enforcement officials reported the FBI and Justice Department are investigating a hack of Hillary Clinton’s presidential campaign computers, along with their investigations into previously-reported cyber intrusions of the Democratic National Committee (DNC).  Some U.S. officials suggested last week that there is strong evidence indicating the DNC … Continue Reading

Trade Talk: Week in Review (18-24 July 2016)

U.S. businessman Donald Trump accepted the Republican presidential nomination last week at the Republican National Convention in Cleveland, Ohio.  In his acceptance speech, Mr. Trump called for a “new, fair trade policy that protects our jobs and stands up to countries that cheat.”  He also said that he would “make individual deals with individual countries.  … Continue Reading

Trade Talk: Week in Review (11-16 July 2016)

Iran – Legislative Action on New Restrictions. On the one-year anniversary of the Joint Comprehensive Plan of Action (JCPOA) Thursday, President Obama issued a statement saying: “[T]he Iran Deal has succeeded in rolling back Iran’s nuclear program, avoiding further conflict and making us safer.” Senate Foreign Relations Committee (SFRC) Chairman Bob Corker (R-Tennessee), along with … Continue Reading

Trade Talk Week in Review (4-8 July 2016)

North Korea – New U.S. Sanctions Announced.   On Wednesday, the Obama Administration announced sanctions designations targeting senior North Korean officials, including Kim Jong Un.  The U.S. Department of State issued a report identifying individuals and entities responsible or associated with serious human rights abuses or censorship in North Korea.  In tandem, the U.S. Department of … Continue Reading

ALJ Lord Grants Another Summary Determination of Section 101 Invalidity

US International Trade Commission administrative law judge Dee Lord has granted another Section 101 summary determination motion (the ALJ’s third such decision since March 1, 2016), this time in Certain Automated Teller Machines, ATM Products, Components Thereof, and Products Containing Same, Inv. No. 337-TA-972, Initial Determination, Order 21 (June 28, 2016). The patent at issue … Continue Reading

Trade Talk – Week in Review (31 May – 3 June)

North Korea – Money Laundering Designation.   Last week, the U.S. Department of the Treasury designated North Korea as a jurisdiction of “primary money-laundering concern” under Section 311 of the USA Patriot Act on Wednesday.  This will allows Washington to further limit North Korea’s access to the U.S. financial system.  Under the new designation, non-U.S. banks … Continue Reading
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