The European Union has reached an agreement in principle with the U.S. on importation of non-hormone-treated U.S. beef, according to an alert from the Cheese Importers Association of America. The U.S. beef industry had been pressuring for the re-imposition of retaliatory tariffs because the EU had purportedly not been adhering to an agreement to increase market access for U.S. beef by way of a tariff-rate quota for beef produced without growth-promoting hormones, the alert said. The deal would still need to be approved by EU member states and the U.S., and the EU must also reach agreements with Australia and Uruguay as the two biggest beneficiaries of the U.S. inability to fill the TRQs, the CIAA said. The Office of the U.S. Trade Representative "has not issued any formal statement regarding the EU-claimed agreement," the trade group said.
After 25 Republican House members met with President Donald Trump and U.S. Trade Representative Robert Lighthizer to talk about how to ratify the new NAFTA, Rep. Vern Buchanan, R-Fla., said on Fox Business News March 26 that he thinks Congress can do it before the August recess.
Mexico is renewing temporary tariff increases on steel products under 186 tariff subheadings, according to a notice in the March 25 Diario Oficial. The across-the-board 15 percent tariff had originally been imposed on the same 186 tariff subheadings in June 2018, before apparently expiring on Jan. 31, 2019. The renewed tariff increases take effect March 26, and will remain in place for six months, the notice said.
The United Kingdom reached a deal to maintain trade relationships with several countries in the Caribbean after it leaves the EU, the U.K. said in a news release. The agreement involves Barbados, Belize, The Commonwealth of Dominica, Grenada, The Republic of Guyana, Jamaica, Saint Christopher and Nevis, Saint Lucia, Saint Vincent and the Grenadines, the U.K. said. The trade continuity agreement will allow for trade in rum and other goods "without any additional barriers or tariffs," the U.K. said. "The UK is seeking to provide continuity for existing EU trade agreements covering more than 70 countries that account for 11% of total UK trade and we are making good progress having recently signed agreements with Switzerland and Israel," it said.
An agreement to create a new European Union tariff-rate quota for poultry mostly from China will take effect April 1, according to a notice in the March 25 Official Journal. The agreement resolves a World Trade Organization dispute between the EU and China that was the subject of a WTO panel report issued in 2017. Under the agreement, the EU will set a TRQ of 6,060 tons for goods of tariff line 1602.3929 with an in-quota rate of 10.9%, allocating 6,000 tons of that quantity to China; and a TRQ of 660 tons for goods of tariff line 1602.3985 with an in-quota rate of 10.9%, allocating 600 tons to China. It will also set a first-come, first-served quota of 5,000 tons for tariff line 1602.3219, with an in-quota duty rate of 8 percent.
The European Union is making several changes to its customs regulations that will take effect in 2020, according to a notice published March 25 in the EU Official Journal. Among other amendments to the EU’s Union Customs Code, temporary storage will be added to the list of customs procedures covered by penalty “extinguishment” provisions, timelines will be changed for invalidating certain customs declarations, and new duty-free provisions will be added for certain goods exported for repair or alteration.
Natural Resources Canada released an updated list of Harmonized System tariff codes that will be affected by coming energy efficiency regulations, the Canada Border Services Agency said in an emailed message. The list no longer includes HS code 8504.40.1000, it said. The "list of HS codes for regulated energy-using products has been revised to reflect the Amendment 14 to the Energy Efficiency Regulations coming into force on April 30, 2019," it said in the notice.
Chinese Vice Premier Han Zheng said China is looking to expand imports, lower tariffs and “facilitate customs clearance to better share the opportunities” with the rest of the world, according to a March 24 report by Xinhua, a state-run news agency. Speaking at the opening ceremony of the China Development Forum in Beijing, Han also said China will strengthen intellectual property rights protections while also allowing “foreign companies to achieve better development in fair competition” in China, Xinhua’s report said. "We will continue to relax controls over foreign investment access, reduce the negative list for foreign investment, and allow wholly foreign-invested enterprises in more areas," Han said, according to the report. The report also said China will add a new section to the “Shanghai pilot free trade zone” and introduce policies to build a “Hainan free trade port.”
Recent editions of Mexico's Diario Oficial list trade-related notices as follows:
The government of Canada recently issued the following trade-related notices as of March 22 (note that some may also be given separate headlines):