China Devalues Its Currency, Halts Purchases of U.S. Agricultural Products, and Threatens Additional Tariffs on U.S. Goods

China-Devalues-Its-Currency-Halts-Purchases-of-U.S.-Agricultural-Products

Yesterday, China’s Ministry of Commerce suspended purchases of U.S. agricultural products, lowered the value of its currency and indicated that it may impose import tariffs on U.S. agricultural products. China’s escalation of the trade conflict with the United States is in response to the Trump Administration’s announcement last week that 10% tariffs would be imposed […]

Trump-Xi Jinping Working Dinner at the G-20 Summit Leads to Significant Developments Involving the Section 301 Tariffs and Other Key Trade Issues Involving China

Trump-Xi Jinping Working Dinner at the G-20 Summit Leads to Significant Developments Involving the Section 301 Tariffs and Other Key Trade Issues Involving China

The Trump Administration announced a significant development in the imposition of Section 301 tariffs on more than $200 billion worth of Chinese-origin goods imported into the United States, as well as proposed new trade and the stemming of the flow of Fentanyl into the United States from China. Affected companies should continue monitoring the situation […]

USTR Publishes Specific Exclusion Request Process for the List 2 Tariffs against China

USTR Publishes Specific Exclusion Request Process for the List 2 Tariffs against China

[September 18, 2018] Earlier today, the USTR published a Notice and Request for Comments in the Federal Register with respect to the product specific exclusion request process for the Section 301 tariffs that went into effect on August 23, 2018. Interested persons may submit exclusion requests to the USTR until December 18, 2018. Per the […]

More Developments in the Section 232 and Section 301 Tariff Fronts

More Developments in the Section 232 and Section 301 Tariff Fronts

Earlier this year, the U.S. imposed tariffs on certain steel and aluminum products imported into the United States from all countries for national security reasons in response to an investigation conducted by the Commerce Department’s Bureau of Industry and Security (“BIS”) under Section 232 of the Trade Expansion Act of 1962—Section 232 gives the Executive […]