On September 21, 2017, President Trump issued an Executive Order (yet to be numbered) (“EO”) imposing additional sanctions on North Korea. It took affect the next day. The general press has quoted Treasury Secretary Mnuchin as stating: “Foreign financial institutions are now on notice that going forward they can choose to do business with the
trade remedies
Canada’s 2017 Budget Bill Includes Significant Changes To Canada’s Antidumping/Countervailing Duty Laws
On March 22, 2017, Canada’s Federal Government tabled the 2017 Budget. Hidden within the supplemental documents is a notice of changes to the Special Import Measures Act (“SIMA”) (Canada’s antidumping and countervailing duty law). These amendments are very important – most are intended to provide domestic producers greater protection. The changes include:
- SIMA amendments to
…
A Trade War Is Coming: Canada and United States Talk Softwood Lumber at the NAFTA Leaders Summit
U.S.A.
On June 30, 2016, Prime Minister Justin Trudeau and President Obama issued a Joint Statement on Softwood Lumber. This is a historic/ongoing trade irritant that could escalate into a trade war on October 12, 2016.
After October 13, 2016, the United States may initiate new antidumping and countervailing duty investigations against softwood lumber…
Speak Up NOW: Canada Announces Consultations of Trade Remedy System
Canada
LISTEN UP – THIS IS AN IMPORTANT ANNOUNCEMENT. In the 2016 Budget, the Government of Canada announced that it would be commencing consultations regarding Canada’s trade remedies system (that means Canada’s laws relating to antidumping and countervailing duties). On April 29, 2016, the Department of Finance launched a consultation on potential changes to…
The Trade Remedies Chapter of TPP Will Bring Opportunities for Trade Lawyers
U.S.A.
Trade lawyers may have new tools in their tool belt as a result of the Trans-Pacific Partnership Agreement (TPP). So often when one reads about a free trade agreement, a Chapter will jump out as interesting. Canada has not included a Chapter on trade remedies since NAFTA and the Canada-Chile free trade agreement. As…
Canada is a Party to the Historic Trans-Pacific Partnership Agreement
Canada
On October 5, 2015, the trade ministers of Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States signed the Trans-Pacific Partnership Agreement (TPP). TPP is a historic trade agreement. TPP is a comprehensive trade agreement.
For Canada, TPP represents a trade agreement with new parties (Australia, Brunei,…
Disqualification Orders Are Rare at the Canadian International Trade Tribunal: Will Dentons Case Be A Game Changer in Canada?
There have been a number of cases in Canada where one party to the proceeding has raised conflict of interest in respect of another party before the Canadian International Trade Tribunal (“Tribunal”). In most cases, the Tribunal has not disqualified counsel.
For example, in Circular Copper Tube, PI-2013-002, the Tribunal did not issue a…
No More Bonds
One of the areas where revenue collections have taken a hit for the U.S. government has been with antidumping and countervailing duties. That will now come to something of an end. In the Federal Register dated October 3, 2011, the International Trade Administration of the Dept. of Commerce (ITA) published a change to its procedures.…