News & Insights
Tariffs To Be Imposed On All Mexican Goods In Attempt To Stem The Tide Of Undocumented Persons Crossing The Border Into The United States
On the evening of May 30, President Trump announced in a tweet that “. . . the United States will impose a 5% Tariff on all goods coming into our County from Mexico, Until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the immigration problem is remedied.”
In a statement made following the tweet, the President announced that if Mexico does not act and the crisis persists, tariffs will be increased monthly according to the following schedule:
- 5% on June 10
- 10% on July 1
- 15% on August 1
- 20% on September 1
- 25% on October 1.
The 25% tariff will remain in effect until Mexico substantially limits the flow of aliens going through its country to the United States. The President is exercising his authority under the Emergency Economic Powers Act of 1977 so the tariffs may be implemented quickly. A Federal Register notice providing additional detail is expected to be published before the tariffs are effected.
News & Insights
U.S. State Department Publishes CCATSA Section 231 Entity List and Guidance: Sanctions against U.S. and Foreign Persons Loom on the Horizon in 2018
On October 27, 2017, as required by the Countering America’s Adversaries Through Sanctions Act (“CAATSA”), the U.S. State Department published a list of 39 entities that are part of (or operate on behalf of) Russian defense or intelligence sectors, as
BIS Adds Huawei and Its Non-U.S. Affiliates to the Entity List, Provides Relief in the Form of a Temporary General License
If you are a U.S. or non-U.S. supplier of hardware, software or technologies that are subject to the U.S. Export Administration Regulations beware: On May 16th, the Commerce Department’s Bureau of Industry and Security (“BIS”) added Huawei Technologies Co., Ltd.
