TRADE DISPUTE

On 31 October 2021, the European Commission announced the suspension of trade restrictive measures relating to steel and aluminium imposed on exports from the US. This is in response to the US suspending the application of their own measures to EU exports of the same kind. In addition, the EU and the US have together pledged to conclude a Global Arrangement on Sustainable Steel and Aluminium, which will be open for participation to “like-minded economies”. More

U.S. Trade Representative Katherine Tai laid out the United States’ new approach to the Sino-U.S. trade relationship in a 4 October speech before a leading Washington, D.C. think tank. Tai gave no indication that the existing Section 301 tariffs will be lifted and in fact suggested that more tariffs could be imposed if mainland China does not take sufficient actions to address U.S. concerns. More

The United States increased its trade enforcement activities but saw lower trade values in 2020, according to the U.S. International Trade Commission’s annual review of trade-related activities. More

Proceedings at the U.S. Court of International Trade continue to extend deadlines in a case challenging the Section 301 tariffs imposed by the Trump administration on a range of mainland Chinese products including in USTR’s Lists 3 and 4A. More