Trade and Manufacturing Monitor
CFIUS Proposes to Collect Filing Fees for Certain Transactions
On March 9, the Department of the Treasury published in the Federal Register a proposed rule to allow the Committee on Foreign Investment in the United States (“CFIUS”) to collect filing fees for certain notified…
President Declines to Impose National Security Duties on Imports of Titanium Sponge
On February 27, 2020, President Trump announced that he would not impose duties on imports of titanium sponge pursuant to his authority under Section 232 of the Trade Expansion Act of 1962, a statute that allows for…
U.S. increases tariffs on European aircraft: EU response a litmus test for transatlantic trade relations
Last Friday the United States Trade Representative (USTR) ramped up its tariffs on European aircraft, increasing the duty from 10% to 15%, effective March 18. It also announced it would make minor modifications to 25%…
CFIUS finalizes expanded jurisdiction over foreign transactions in U.S. real estate
On January 17, 2020, the U.S. Treasury Department published final rules in the Federal Register implementing the Foreign Risk Review Modernization Act (“FIRRMA”), one of which implements FIRRMA’s provisions regarding…
Step Right Up: Opportunity to Shape new UK Tariff Policy
The United Kingdom will need a new most favored nation tariff regime as early as January 2021 when the current Brexit transition could come to an end and is calling on businesses, consumers, and others to advise which…