The EU July 14 asked the World Trade Organization to assess whether the U.S. has complied with a dispute panel report finding that U.S. countervailing duties on Spanish olives violated WTO commitments. The EU said the U.S. "has so far failed to comply with" the panel ruling and that the duties, which could shove Spanish olive exporters out of the American market, remain in place.
The following lawsuits were filed at the Court of International Trade during the week of Nov. 14-20:
EU Trade Commissioner Valdis Dombrovskis said he asked American officials this week for more flexibility in how the tariff rate quotas for European steel products are administered. He said that while actions of the Biden administration have "put things, tradewise, on a more positive track," in his view "the current system [for TRQs] seems to be quite rigid."
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
The International Trade Commission posted the 2022 Preliminary Edition of the Harmonized Tariff Schedule. The new HTS does not include the five-year World Customs Organization Harmonized System update, which will take effect toward the end of January at the end of a 30-day period following their proclamation Dec. 27 (see 2112270032). It does, however, implement annual changes to 10-digit "statistical" provisions of the tariff schedule, as well as the removal of Ethiopia, Mali and Guinea from the African Growth and Opportunity Act preferences program and a new tariff-rate quota system for iron and steel and aluminum from the EU. These changes took effect Jan. 1.
The European Union's Committee on International Trade Chairman Bernd Lange, in a roundtable with trade reporters Feb. 27, said that he asked officials from the Office of the U.S. Trade Representative if there's any truth to rumors that the U.S. will either pull out of the government procurement agreement at the World Trade Organization, or that it will seek to raise its bound tariffs, a process that would begin at the WTO. “I got confirmation from all stakeholders this will not happen,” said Lange, who was in Washington to talk with officials from USTR, Congress, unions and think tanks. But, he added, “sometimes decisions in the United States are taken quite quick,” so he can't be sure that answer will be true next week.
Senate Finance Committee Chairman Chuck Grassley, R-Iowa, said he doesn't expect the U.S. to negotiate over the tariffs it has put on European goods like Airbus planes, Scotch whiskey, French wine, and Spanish wine and olive oil until the World Trade Organization rules on Boeing subsidies. Currently, there are 10% tariffs on Airbus planes and 25% tariffs on the wine, liquor and food items; the aircraft tariff is set to climb to 15% on March 18. The Boeing ruling is not expected for several months.
A bipartisan group of lawmakers, led by Rep. Bill Pascrell, D-N.J., and Rep. Jodey Arrington, R-Texas, introduced a bill Feb. 13 that would allow importers of European goods hit by the Airbus tariffs to receive refunds for goods that were on the water at the time the tariff hikes were announced. They are calling the bill “For Accurate Import Relief To Aid Retailers and Importers of Foreign Freights” (FAIR TARIFF) Act. The Cheese Importers Association of America previously voiced its support for the bill (see 2001290043).