US imposes tariffs on Grain-Oriented Electrical Steel From Germany, Japan, and Poland
The International Trade Administration (ITA) of the US Department of Commerce (DOC) has issued its affirmative final determinations on July 17, in the antidumping duty (AD) investigations of imports of grain-oriented electrical steel (GOES) from
See MoreAustralia and Japan signed an agreement to promote economic relations
Australia and Japan signed an agreement to promote economic relations (EPA), in Canberra on 8 July 2014. The Australian Department of Foreign Affairs and Trade said that, “this is the most liberalizing bilateral trade agreement and if it is fully
See MoreUS imposes tariffs on steel from nine countries
The International Trade Administration (ITA) of the US Department of Commerce (DOC) has issued a final decision to impose anti-dumping duties on certain Oil Country Tubular Goods (OCTG) from India, Korea, the Philippines, Saudi Arabia, Taiwan,
See MoreWTO issues mixed ruling in US-China trade remedy case
The WTO Appellate Body released its final ruling on a US countervailing duty law affecting Chinese products which is also known otherwise as the “GPX Legislation”. According to WTO ruling there was not enough factual analysis in a previous panel
See MoreNew Zealand and Canada welcome WTO environmental goods discussion
As part of a multilateral trade pact being negotiated at the World Trade Organization (WTO), New Zealand and Canada have to cut their import tariffs on a number of environmental goods and it was announced on July 8, 2014. According to their
See MoreUS: Re-establishes Duty-Free Aid Commitment To Africa
The Government of the USA has reviewed Madagascar’s eligibility for African Growth and Opportunity Act (AGOA) tariff benefits, effective immediately, but has withdrawn Swaziland's eligibility, with effect from January 1, 2015. President Obama has
See MoreDuty-Free export of petroleum products and gas from Russia
The President of Russia has signed into law a cooperation agreement with Armenia that approves duty-free export of petroleum products, natural gas and uncut diamonds from Russia. Last month, Russia has customized its duty-free oil arrangement with
See MorePGA Highlights: June 2014
In United States, The following events have been taken place under the several PGA during the month of June 2014. Agencies Summary Link Federal Register Amendment of unprocessed western red cedar, crude oil, and petroleum products: The Bureau
See MoreWTO: G-20 forces on Free Trade, despite New Duties
Though there was a net fall in trade-restrictive measures, in accordance with a new report from the World Trade Organization, Group of Twenty nations introduced new 88 anti-dumping related queries between November 15, 2013, and May 15, 2014. The
See MoreVenezuela: Customs system changes regarding foreign exchange rates
Venezuela’s tax and customs administration (SENIAT) has declared changes to both versions of its automated customs system (Sistema Aduanero Automatizado or SIDUNEA) naming S++ and SW under foreign exchange agreements that is used to determine the
See MoreKenya: Presented Budget for 2014-2015
Kenya announced its budget for the year of 2014-15 on 12 June 2014. The budget has emphasized on several tax proposals: Propose tax rates for resident companies at 30% (previously it was 10%) and for non-resident companies at 37.5% (previously it
See MorePGA Highlights: May 2014
In United States, The following events have been taken place under the several PGA during the month of May 2014. Agencies Summary Link Federal Register Notice of Cancellation of Customs Broker's License: This document provides notice
See MoreChile revives negotiation on Free Trade Zone in Antofagasta for Paraguay
Chilean Foreign Minister and his Paraguayan counterpart recently revived negotiations on a free zone for Paraguayan businesses stayed at the Chilean port of Antofagasta. The proposal is actually drafted in 1968 to denominate the port of Antofagasta
See MoreIndonesia: Copper Miners Hit Back At Export Tax
From the beginning of 2014 the Indonesian government is charging an export tax on mineral concentrates. The aim is to raise the amount of domestic value added and increase domestic economic activity associated with the mineral sector. The government
See MoreEU and China sign mutual recognition agreement
A mutual recognition agreement signed by the EU and China is to simplify procedures and lower costs for many traders. The two sides agree to recognize their certified safe traders and to permit them to benefit from speedier controls and reduced
See MorePGA Highlights: April 2014
In United States, The following events have been taken place under the several PGA during the month of April 2014. Agencies Summary Link Federal Register Labeling of Pesticide Products and Devices for Export: This action will allow placement
See MoreLuxembourg Lowers Shipping Registration Levy
Luxembourg has issued a draft regulation that would reduce shipping registration duties. The duties are computed by reference to a vessel’s tonnage, determined when the ship is first registered in Luxembourg. Although Luxembourg is a landlocked
See MorePGA Highlights: March 2014
In United States, following events have been occurred under the several PGA during the month of March 2014. Agencies Summary Link CBP New Outlook CBP Website: The appearance of the U.S. Customs and Border Protection’s website has
See More