WTO Says US Customs, Trade Remedy Policies Continue Unchanged
U.S. policy for customs valuation, import licensing and rules of origin, as well as the U.S. trade remedy regime and a range of other trade policies, have gone unchanged since the last U.S. trade policy review in 2014 at the…
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World Trade Organization, the WTO said in a summary (here). U.S. efforts to implement the single-window International Trade Data System by Dec. 31, activities to roll out ACE and work on simplified entry and trusted trader programs indicate a "long-standing" U.S. commitment to open trade policies, the WTO said. Antidumping and countervailing duties investigations rose between 2014 and 2015, with most AD investigations concentrated in the steel industry, the WTO added in its full report (here). Tariffs above 25 percent most commonly apply to agricultural, footwear and textile products, the WTO said.