Rigby Cooke Lawyers’ Post

The Government of Canada has launched an unprecedented series of public consultations on trade policy, including invoking section 53 of the Customs Tariff to defend Canada’s trade interests. Topics include a proposed 25% surtax on Chinese steel and aluminum, measures to safeguard economic security, surtaxes in critical manufacturing, and the CUSMA agreement. This is a pivotal moment for industry stakeholders to shape the future of Canadian trade policy. Read more from lawyers Jonathan OHara, Peter Jarosz, Tayler Farrell and Brigid Martin here: https://bit.ly/4dkenI6 #TradePolicy #EconomicSecurity #SupplyChain #CUSMA

We're on Substack! Wanted to share our initial thoughts on the second Trump administration and approaches it could take toward foreign policy, trade, tariffs, the auto industry, and the U.S.-China relations. To be sure, these are early days. We will be following these policy areas closely in the weeks and months ahead, so check back often. #foreignpolicy #TrumpAdministration #China #tariffs #trade

#USTR recently completed a four-year review of Trump's #tariffs on Chinese imports and provided grounds for new ones on key sectors. Can the decision be justified? See our collation of analyses on this topic and more in our latest #readinglist: https://buff.ly/3WXINLV

Get insights into the United States Trade Representative's probe into China's maritime industry. Explore the allegations of unfair practices and dominance in the market. https://lnkd.in/eE9DfXqT #section301 #china #maritime

U.S. Election: what’s next for international trade? 🌐 Donald Trump's re-election as President of the United States has sent shockwaves through the global trade system. With increased tariffs, the end of trade privileges for allies, and a tougher stance on China, international trade -and institutions like the WTO that underpin it - are facing significant challenges. 🇪🇺 The European Union expects strained relations but is better prepared than it was in 2016. 🇨🇳 China, already weakened, may intensify its strategies to sidestep sanctions. An analysis by Camille Brugier, political science researcher and China specialist 👉 https://lnkd.in/eN2hJhA7

With the Trump Administrations tenacity on show in Washington with political appointments designed to implement the promises made during the election campaign. With one eyed implementation approach and burn all bridges to the establishment. Part of this platform was to start a trade war with #China with up to 60 per cent tariffs applied to goods that the administration se fit without any real economic analysis of the effects. This leaves free trading #Asia at a crossroads as there are a number of Free Trading Agreements in the region without a customs union. the number of free trading agreements and the determination and will to keep the #ASEAN free trade may give rise to the "spaghetti bowl effect." That is a trade economics term that describes the potential for a growing number of free trade agreements (FTAs) to slow down trade relations. The term refers to the tangling of spaghetti in a bowl, which is analogous to the tangling of different FTAs in a region. The #ASEAN must look beyond free trade agreements to standardise free trade in the region and look towards custom unions, falling short on a standardised currency due to the uniqueness of the regions banking system.

Trade Policy: Navigating the Complex Landscape of International Commerce This post delves into the intricacies of trade policy, exploring its far-reaching impacts on global economies, diplomatic relations, and domestic industries. We'll examine key concepts such as tariffs, quotas, subsidies, and trade agreements, discussing how they shape the flow of goods and services across borders. Join us as we unpack the challenges and opportunities presented by evolving trade policies in an increasingly interconnected world. #Economic

This brief presents legal and theoretical underpinnings to assess the potential economic impact of tariffs of the Eurasian Economic Union. It also suggests strategies for leveraging customs unions to foster a more liberal global trade environment. https://ow.ly/PtpS50RgRjG

Donald Trump's second presidency could usher in a period of great instability in global economic governance, writes Robert Basedow (LSE European Institute). The World Trade Organization will take an existential blow. The EU and UK should also expect higher tariffs when exporting to the US. The US is likely to take more aggressive actions to challenge the EU and its self-styled global environmental leadership. And the US is likely to push the EU to adopt more stringent policies aimed at uncoupling China from western economies. https://lnkd.in/gWnagbA8

Read into the intricacies of international trade classification and a review of the Harmonised System (HS) written by our Customs & Trade Advisor, Christopher Starns. This comprehensive review sheds light on the nuances of the HS - check it out here: https://lnkd.in/eRAQdjMY  #InternationalTrade #HarmonisedSystem #GlobalMarkets #ExpertInsights #BKRConsultants