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WTO Panels Formed on Section 301 Tariffs, Turkish Retaliatory Tariffs
January 28, 2019 by Mara Lee|International Sources

Dispute panels are forming at the World Trade Organization on the Section 301 tariffs the U.S. levied on China and on the retaliatory tariffs Turkey levied on the U.S. in response to U.S. tariffs on Turkish steel and aluminum. China said the tariffs, on about $250 billion worth of its exports, are damaging China's economic interests and the rules-based trading system. The panel on Turkish retaliation is the sixth panel formed on retaliation for the metals tariffs, which are applied around the world.

Topics:Customs duty, World Trade Organization (WTO)
China Allows Expanded Use of ATA Carnets
January 25, 2019 |International Sources

China recently expanded its use of ATA Carnets to allow their use for professional equipment and product samples, the United States Council for International Business said in a Jan. 23 press release. It had previously allowed use of carnets only for goods destined for trade shows and exhibitions, USCIB said. China will also now allow goods to be brought into the country under a carnet for a full year, instead of six months. The changes took effect Jan. 9.

CITES OKs Trade in Endangered Plants, Wildlife With Iceland, Saint Kitts and Nevis
January 23, 2019 |International Sources

The Convention on International Trade in Endangered Species on Jan. 23 issued notice that it is withdrawing its earlier recommendations to suspend trade in CITES-listed plant and wildlife species with Iceland and Saint Kitts and Nevis. The move, effective immediately, follows the two countries’ submissions of late annual reports to CITES covering the years 2015 through 2017, CITES said.

US Critical of Self-Designation of Developing Country Status at WTO
January 18, 2019 by Mara Lee|International Sources

The continuing ability of advanced economies like South Korea and Israel, and export powerhouses like China to call themselves developing countries in the World Trade Organization is hobbling negotiations, the U.S. delegation argued in a 45-page communication it distributed Jan. 16. "The WTO remains stuck in a simplistic and clearly outdated construct of 'North-South' division, developed and developing countries," the U.S. wrote. "The perpetuation of this construct has severely damaged the negotiating arm of the WTO by making every negotiation a negotiation about setting high standards for a few, and allowing vast flexibilities or exemptions for the many."

Topics:World Trade Organization (WTO)