LONDON -- New U.S. import bans on certain connected vehicles and car components from China are just the start of a host of import restrictions the U.S. is likely to impose under its Information and Communication Technology Services-related authorities, said Meredith Rathbone, a trade lawyer with Steptoe. Rathbone also said many companies may not yet realize the extra compliance burdens the new rules will pose, adding that some importers could decide to nix certain transactions because of the challenge of gleaning information about where cars or car parts are sourced.
Ian Cohen
Ian Cohen, Deputy Managing Editor, is a reporter with Export Compliance Daily and its sister publications International Trade Today and Trade Law Daily, where he covers export controls, sanctions and international trade issues. He previously worked as a local government reporter in South Florida. Ian graduated with a journalism degree from the University of Florida in 2017 and lives in Washington, D.C. He joined the staff of Warren Communications News in 2019.
Canada will soon impose a 100% import tariff on all Chinese-made electric vehicles and a 25% tariff on certain Chinese steel and aluminum products, moves that will protect its auto industry from what it said are Beijing’s “unfair, non-market policies and practices.”
Most EU member states missed a July deadline to implement the EU’s new corporate sustainability reporting rules into national law, causing uncertainty for businesses that want to ready their compliance procedures before the rules take effect beginning next year, a major European law firm said.
Federal Maritime Commissioner Carl Bentzel hopes to issue a final report later this year that will expand on ways carriers, ports, railroads and others can better share supply chain data and real-time shipping information, he said this week. Bentzel said he believes the government eventually should turn some of the report’s recommendations into new mandates, including one that would require carriers to provide shippers with live, in-transit updates on their cargo.
The State Department this week is publishing a final version of a rule to expand its regulatory definition of activities that don’t need a license because they don’t qualify as exports, reexports, retransfers or temporary imports. The rule, effective Sept. 16, is largely consistent with the proposed version, though the agency made changes to narrow its scope and make sure certain temporary imports will still require a license.
The U.S. Navy is trying to help commercial cargo ships maintain the alternative trade routes companies have found as the U.S. works to end Houthi attacks on ships transiting the Gulf of Aden and the Red Sea, Vice Admiral George Wikoff said. And although the U.S. has used sanctions to target several Iran-backed networks helping to supply the Houthis, he said the U.S.-designated terror group is increasingly diversifying its suppliers and is becoming a legitimate technology exporter.
New EU guidance released this week offers insight into how the bloc will implement its sweeping new corporate sustainability due diligence rules, including how member states should decide whether traders do enough to collect required supply chain information.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.