Earlier this month, Frost Brown Todd LLC published a legal update regarding the new 25 percent tariff on imported steel products, which went into effect on March 23, 2018. Under the original form of the presidential proclamation issued on March 8, 2018, the steel tariff would have applied to the importation of steel materials from any country except for Canada and Mexico. However, on March 22, 2018, President Trump amended the proclamation by adding four more countries and one union to the country-wide exemption list. As a result, until May 1, 2018, the steel tariffs will not apply to imports from Argentina, Australia, Brazil, Canada, the European Union, Mexico, and South Korea. Read More ›
The sixth round of North American Free Trade Agreement (NAFTA) negotiations concluded in Montreal, Canada, on January 29, 2018. U.S. Trade Representative Robert Lighthizer voiced subtle optimism that some progress was made by closing a chapter on anti-corruption and discussing other core issues, but expressed general dismay at slow progress and tough challenges that still lie ahead to strike a new deal. Read More ›
On July 17, 2017, the Trump Administration released its most detailed and comprehensive list of objectives to date for renegotiating the North American Free Trade Agreement (NAFTA). While this publication provides additional insight into the renegotiation goals of the Trump Administration, it does trigger a 30-day period before formal talks of NAFTA renegotiation among the United States, Mexico and Canada can officially begin. Such 30-day period will end on August 16, 2017, on which the first round of talks on the three-nation pact are scheduled to take place. Read More ›
On May 18, 2017, the Trump Administration took its first formal step in delivering on President Trump’s much anticipated campaign promise to renegotiate the North America Free Trade Agreement (“NAFTA”). By formally notifying Congress of its plan to renegotiate NAFTA, the Administration has started the clock on a 90-day period, after which the United States can officially begin its NAFTA renegotiation talks with Canada and Mexico. Such 90-day period will end on August 16, 2017. Read More ›
During his campaign for presidency, President-elect Donald Trump frequently called the North American Free Trade Agreement “the worst trade deal in history.” He promised the American people that he would renegotiate or withdraw from NAFTA and raise tariffs on imports from Mexico and Canada. NAFTA is a free trade agreement signed by Canada, Mexico and the United States, creating a trilateral trade bloc in North America. In the aftermath of the election, Americans with international business interests may be wondering whether President-elect Trump has the legal authority to unilaterally withdraw the U.S. from NAFTA and how to prepare for that scenario.
Mr. Trump’s transition team has sketched out his plan for the first 200 days of his presidency. According to post-election memorandum and video, the president-elect intends to push for substantial changes to NAFTA and trade relations between the United States, Canada and Mexico. Read More ›
Importers of Aluminum Extrusions from the People's Republic of China may be Subject to Increased Duty
On October 28, 2010, the Department of Commerce (the "Department") announced its preliminary determination in an antidumping duty investigation of imports of aluminum extrusions from the People's Republic of China ("PRC"). Read More ›
An international construction company with a multibillion dollar oil contract finds itself under investigation by the United States Department of Justice (DOJ) for bribing Nigeria’s ruling cabal. Read More ›
When a distant nation is devastated, our country gives generously. In the wake of the 2004 tsunami and the recent earthquake in Pakistan and Central Asia, the United States government has given billions of dollars in aid. Read More ›
The Office of Foreign Assets Control (“OFAC”), of the United States Department of the Treasury, administers a series of laws and regulations that impose economic sanctions against nations perceived to be hostile to United States’ foreign policy and national security objectives. The U.S. Government has long utilized a variety of economic sanctions (including trade embargoes, blocked assets controls, and other commercial and financial restrictions) to further its foreign policy objectives. Today, economic sanctions remain a powerful tool in the diplomatic arsenal as the U.S. strives to: (1) successfully conduct the war and reconstruction of Iraq; (2) deny financial and logistical support to terrorist groups; and (3) stem the flow of sensitive products and technologies to proliferators of weapons of mass destruction. Read More ›
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Joseph J. Dehner Joe Dehner concentrates his practice on multinational business and securities disputes. He counsels a wide variety of companies, domestic and foreign, on issues confronting global business, including transnational investment, mergers and acquisitions, joint ventures, customs and trade issues, international business structures, distribution and agency agreements and the resolution of international disputes.