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Global Trade Advisory Alerts

Updates on global trade developments around the world.

Global Trade Advisory Alert - 23 January 2024

Several regulatory and policy developments have occurred in the Latin American region over the past few months that may impact the customs and global trade activities of many multinational companies.

 

Global Trade Advisory Alert - 19 January 2024

USTR extends Section 301 exclusions and opens docket for comments 

On 29 December 2023, the US Trade Representative (“USTR”) extended previously reinstated exclusions for another five months, through 31 May 2024. The 429 product specific exclusions were set to expire on 31 December 2023 and include 352 products across Lists 1, 2, 3, and 4a of the supplemental tariffs on Chinese origin goods, as well as 77 COVID-related exclusions.  

Global Trade Advisory Alert - 01 September 2023
On 23 July 2023, Japan added 23 categories of semiconductor manufacturing equipment and associated technology to its list of export-controlled items.

Global Trade Advisory Alert - 20 June 2023
Several regulatory and policy developments have occurred in the Latin American region over the past few months that may impact the customs and global trade activities of many multinational companies.

Global Trade Advisory Alert - 24 May 2023
On 3 May 2023, following a number of attempts over the last few years to bring about legislation to address modern slavery, Canada’s Parliament passed Bill S-211, enacting the Fighting Against Forced Labour and Child Labour in Supply Chains Act (the Act).

Global Trade Advisory Alert - 6 February 2023
On 11 January 2023, a five-member arbitral panel (“Panel”), which was established pursuant to Article 31 of the United States-Mexico-Canada Agreement (“USMCA”), made public a Final Report, dated 14 December 2022, that resolved the dispute related to the interpretation of the USMCA’s automotive rules of origin.

Global Trade Advisory Alert - 24 January 2023
US Customs and Border Protection (“CBP”) recently announced two updates with respect to future forced labor-related enforcement. First, on 18 November 2022, CBP’s Office of Field Operations announced the addition of three new forced labor-related benefits that will be provided to Customs Trade Partnership Against Terrorism program (“CTPAT”) participants.

Global Trade Advisory Alert - 23 January 2023
On 21 December 2022, US Trade Representative (“USTR”) granted extensions through 30 September 2023 for 352 exclusions that were set to expire on 31 December 2022. The exclusions cover various products across Lists 1, 2, and 3 of the supplemental tariffs on Chinese origin goods.

Global Trade Advisory Alert - 13 January 2023
Several regulatory and policy developments have occurred in the Latin American region over the past few months that may impact the customs and global trade activities of many multinational companies.

Global Trade Advisory Alert - 20 October 2022
On 7 October 2022, as part of efforts to protect US national security and foreign policy interests, the Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a series of updates to its export controls impacting trade with the People’s Republic of China (“China”).

Global Trade Advisory Alert - 8 June 2022
In late April 2022 China's Ministry of Commerce (MOFCOM) published draft regulations on export control of dual-use items for public consultation purposes. The draft regulations are another significant step towards improving China's export control regime following the start of the Export Control Law (the law) on 1 December 2020.

Global Trade Advisory Alert - 19 May 2022
On 18 May 2022, the city of Shenzhen in the Guangdong Province of Mainland China announced a collaboration between Shenzhen’s customs and tax authorities on transfer pricing administration. The program, which became effective upon announcement, allows qualifying businesses in Shenzhen to have their transfer pricing arrangements for the importation of goods from related parties agreed to by both Shenzhen customs and tax authorities.

Global Trade Advisory Alert - 25 March 2022
In the past several weeks, the United States (“US”), like many other countries around the globe, began issuing and implementing a series of sweeping economic sanctions, export controls, and trade restrictions in response to events in Ukraine taken by Russia. Responsive actions taken to date by the US are numerous, have developed quickly, and continue to evolve on a daily basis.

Latest alerts from the previous 12 months appear below. For older issues, or to subscribe, please e-mail a request to globaltaxpublications@deloitte.com.

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