The World Customs Organization issued the following releases on commercial trade and related matters:
The government of Canada recently issued the following trade-related notices as of Aug. 20 (some may also be given separate headlines):
The government of Canada recently issued the following trade-related notices as of Aug. 17 (some may also be given separate headlines):
The government of Canada recently issued the following trade-related notices as of Aug. 15 (some may also be given separate headlines):
After Indonesia objected to the $350 million retaliation the U.S. planned for its agriculture import barriers, a World Trade Organization arbitrator will decide how much retaliation is justified (see 1808070019). Indonesia said at the Dispute Settlement Body meeting Aug. 15 that it already complied with the ruling, according to a Geneva trade official's summary of the meeting.
The U.S. blocked the formation of a panel that would determine whether the European Union has complied in the Airbus subsidies case that began 14 years ago. The World Trade Organization's Dispute Settlement Body will consider the request (see 1808070016) again on Aug. 27, and the U.S. cannot block the second request.
Turkey will hike tariffs on American cars, tobacco, liquor and more in response to President Donald Trump's decision to double tariffs on Turkish steel and aluminum. Although Trump named both metals, only the 50 percent tariff on Turkish steel has gone into effect (see 1808120001). Turkey published a list of 22 tariff lines that will be subject to higher tariffs, from 4 percent on oil derived from coal to 140 percent on liquors. Cars will face a 120 percent duty; steel structures, tobacco, cosmetics and acetate cellulose film will face a 60 percent duty. The notice was dated Aug. 14, and according to an informal translation, if import declarations are made within 45 days of the publication, the previous duty will apply.
The government of Canada recently issued the following trade-related notices as of Aug. 13 (some may also be given separate headlines):
The government of Canada recently issued the following trade-related notices as of Aug. 10 (some may also be given separate headlines):
The European Union only accounts for 10 percent of U.S. liquefied natural gas exports, but European Commission President Jean-Claude Juncker said U.S. regulations are a barrier to faster growth. "The growing exports of U.S. liquefied natural gas, if priced competitively, could play an increasing and strategic role in EU gas supply; but the U.S. needs to play its role in doing away with red tape restrictions on liquefied natural gas exports," Juncker said in a press release issued Aug. 9. He noted that there has to be prior regulatory approval before each export to Europe.