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COVID-19 and Protectionism: The Worst May Be Yet to Come

24/07/2020

Just as COVID-19 has spread across the globe, so have protectionist measures. Governments in different continents have enacted a number of measures to allegedly safeguard their economies and health systems from the ravages of the pandemic.

U.S. levies anti-dumping duties of 52 pct on S. Korean PET sheets

24/07/2020

The United States has decided to slap anti-dumping tariffs of up to 52 percent on South Korean polyethylene terephthalate (PET) sheets amid Washington's growing protectionism, a local trade promotion agency said Friday.

USTR Announces Fiscal Year 2021 WTO Tariff-Rate Quota Allocations for Raw Cane Sugar, Refined and Specialty Sugar, and Sugar-Containing Products

24/07/2020

The Office of the U.S. Trade Representative (USTR) today announced the country-specific and first-come, first-served in-quota allocations under the tariff-rate quotas (TRQs) on imported raw cane sugar, refined and specialty sugar and sugar-containing products for Fiscal Year (FY) 2021

U.S. Could Extend Tariffs to More European Products

24/07/2020

A wider swath of wine and spirits including Italian wine, blended Scotch whisky gin, vodka, beer, and other food products, such as olives, chocolates, and pastries, could face U.S. retaliatory tariffs as high as 100% later this summer.

Malaysia to file WTO case against EU over palm oil curbs this year

24/07/2020

Malaysia is planning to file a World Trade Organisation (WTO) case against the European Union over its restrictions on palm oil biofuel by this year, Deputy Commodities Minister Willie Mongin said on Monday.

Facing a series of legal risks, what should the wood industry do?

19/07/2020

A number of legal risks in major markets are threatening Vietnam's timber industry. Accordingly, selecting the legal timber supply and fulfilling due diligence on timber origin are the solutions for the timber industry to avoid these risks and develop sustainably.

India: Relief for Powerloom weavers over anti-dumping duty on nylon yarn

19/07/2020

In a major relief to the powerloom weaving sector in the city, the textile ministry has opposed the final findings of the Directorate General of Trade Remedies (DGTR) recommending the imposition of the anti-dumping duty on the nylon multi-filament yarn.

Illegal shipments of fishery products will not have customs clearance

19/07/2020

The direction of the General Department of Vietnam Customs aims to implement the Prime Minister's Decision 757/QD-TTg dated June 4, 2020 approving the plan for the implementation of the agreement on Port State Measures to prevent, deter and eliminate illegal, unreported and unregulated fishing by the Food and Agriculture Organization of the United Nationsuntil 2025.