Trade and Manufacturing Monitor
Some Tariffs Reduced and Deadline Looming for Tariff Exclusion Requests
On October 18, 2019, the United States Trade Representative (USTR) announced an exclusion process for products included on China Section 301 List 4A, which covers approximately $120 billion of imports. Imported…
New primary and secondary sanctions on Iranian construction, mining, manufacturing, metals and textile industries
Today the president signed a new Executive Order (E.O.) announcing expanded primary and secondary sanctions on Iran, focused on the construction, mining, manufacturing, and textile industries. OFAC also sanctioned a…
DDTC aligns technical data export rules with BIS rules, simplifying technical data controls
Late last month, the Directorate of Defense Trade Controls issued a long-awaited interim final rule regarding what qualifies as the export, re-export, or transfer of technical data (a “controlled event”) under the…
United States and China Finally Agree to “Phase One” Deal
Last week, the United States and China reached an agreement on the long-awaited “phase one” trade deal. The deal, originally announced in October, will include tariff reductions by the United States and a $200 billion…
“Historic” USMCA Agreement Signed
On December 10, the U.S., Mexican, and Canadian governments signed an updated United States-Mexico-Canada Agreement (“USMCA”) in Mexico City. The new agreement comes on the heels of months of additional negotiations…