The Commerce Department’s National Institute of Standards and Technology is extending the comment period for a study on investment, supply chain and marketplace trends in eight emerging technology areas, the agency said in a notice. NIST is specifically seeking feedback to help guide the development of artificial intelligence, the internet of things in manufacturing, quantum computing, blockchain technology, new and advanced materials, unmanned delivery services, IOT and 3D printing. The comments, originally due Jan. 31 but now due Feb. 15, will help inform a NIST report to Congress on those emerging technologies. The Bureau of Industry and Security is studying each of these areas for potential export controls as part of its emerging and foundational technology effort under the Export Control Reform Act (see 2110280040).
An arbitrator at the World Trade Organization in a Jan. 26 report found that China can implement countermeasures on goods from the U.S. up to $645.12 million annually due to U.S. violations of WTO obligations in a variety of countervailing duty proceedings. The arbitrator looked at 10 CVD matters and determined that the total level of "nullification and impairment" China suffered as a result of the U.S.'s "WTO-inconsistent methodologies" in these proceedings exceeded $645 million per year. The CVD matters concern pressure pipe, line pipe, kitchen shelving, oil country tubular goods (OCTG), wire strand, seamless pipe, print graphics, aluminum extrusions, steel cylinders and solar panels. The only nonredacted level of N/I for the CVD proceedings included $365.37 million for OCTG and $20.65 million for solar panels. China can now ask the Dispute Settlement Body for authorization "to suspend concessions or other obligations at a level not exceeding" $645.121 million per year.
The European Commission, in a Jan. 25 regulation, extended the antidumping duties on imports of certain tube and pipe fittings, of iron or steel, from China following an expiry review. The duties apply to "tube and pipe fittings (other than cast fittings, flanges and threaded fittings), of iron or steel (not including stainless steel), with a greatest external diameter not exceeding 609,6 mm, of a kind used for butt-welding or other purposes" from China. All companies will be subject to a 58.6% dumping rate. The duties were extended to cover tube and pipe fitting imports from Taiwan, Indonesia, Sri Lanka and the Philippines, whether declared as originating in any of these countries or not. In a second notice, the commission initiated a partial interim review of the ADD measures on monosodium glutamate from China.
A global look at foreign trade agreements discussed how many major economies are moving toward more liberalization while the U.S. stands still on previously launched FTA negotiations. Baker McKenzie lawyers shared their insights on the opportunities and compliance concerns under FTAs in a webinar Jan. 25. Adriana Ibarra-Fernandez, a Mexico City, Mexico attorney, talked about Latin American FTAs, and noted that even though negotiations concluded after 20 years between Mercosur, which represents Brazil, Argentina, Paraguay and Uruguay, and the European Union, the trade deal has not been approved in the various capitals, three years after the negotiations ended.
The Biden administration this week previewed its plan to impose a “massive” set of export controls and sanctions on the Russian economy if the country further invades Ukraine, including measures to cut off Russian companies from both U.S. and foreign-produced technology inputs. The export restrictions could include an expansion of the Commerce Department’s foreign direct product rule, officials said, and would specifically target several of Russia’s “key” technology sectors, including its defense, aerospace, quantum computing and artificial intelligence industries.
On Feb. 1, the terms of the Regional Comprehensive Economic Partnership, a key 14-member trade pact, for goods from South Korea, will enter into force in China, the General Administration of Customs said, according to an unofficial translation. The announcement includes two documents from China Customs: one is of items mentioned in the RCEP agreement that are being added to China's special goods exported to South Korea list; the other adds the format of the certificate of origin mentioned in the agreement to the format of the COO renewal page.
The Los Angeles and Long Beach ports again postponed a new surcharge meant to incentivize the movement of dwelling containers (see 2110280031), the two ports announced Jan. 21 by email. The ports originally planned to begin imposing the fee Nov. 15, but have postponed it each week since. The latest extension delays the effective date until Jan. 28.
At a virtual World Economic Forum, U.S. Trade Representative Katherine Tai, the director-general of the World Trade Organization and CEOs in manufacturing and shipping said traders will change the ways they manage supply chains because of lessons from the COVID-19 pandemic. Tai said "the pandemic in particular has laid bare vulnerabilities in this version of globalization that we have and existing supply chains that we all feel strongly that we need to address."
The U.S. this week imposed new sanctions against Russia for its “destabilizing” activities in Ukraine and privately previewed a harsher set of potential trade restrictions, including major new export controls on chip equipment. Although it remains unclear if those specific export restrictions would be coordinated with allies, the U.S., Germany and the U.K. all said Jan. 20 that they are ready to impose “massive consequences and severe economic costs” on Russia if it continues down a path to war.
Vietnam recently amended its rules for goods labeling on imports, the Hong Kong Trade Development Council reported Jan. 19. The changes, which include revisions to ingredients and additives labeling requirements, take effect Feb. 15. Vietnam requires the label to specify the good's name, origin, manufacturer and country of origin, HKTDC said, and it also must include an extra label in Vietnamese if the original label is in a foreign language. Vietnam also lists a set of “approved phrases” for information on the origin, including “made in,’ “manufactured in,” and “producing country.” The labeling requirements include certain exceptions and don’t cover goods temporarily imported for reexport, transshipment or temporary exhibition and goods in transit, HKTDC said.