Trade and Manufacturing Monitor
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…
The United States and India Set to Complete Limited Trade Deal
The United States and India are working to complete a limited trade deal later this month. U.S. Trade Representative Robert Lighthizer will travel to India to finalize the agreement in the coming weeks. President Trump…
UPDATE: Section 232 Steel and Aluminum Derivatives List Extremely Limited
Late last Friday evening, President Trump issued a proclamation imposing duties on imports of certain derivatives of steel and aluminum articles that have been found to threaten the national security. The proclamation…