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June 28, 2019
2019-1196

Trade Watch for June 2019

The latest edition of Trade Watch is attached below. Trade Watch is a quarterly communication prepared by EY's Global Trade Practice. Highlights of this edition include:

Global

— Global trade is making headlines on a daily basis — video
— What trade executives are currently thinking about global trade disruption
— Technical Committee on Customs Valuation approves advisory opinion on flash sales
— WTO rules in favor of Russia in Russia-Ukraine transit dispute: potential impact on Section 232 disputes

Americas

— Trade and customs developments in Central America
— US Customs and Border Protection updates C-TPAT Minimum-Security Criteria
— Overview of recent United States Trade Representative (USTR) Section 301 Report
— Ripple effects of US Government export ban on Huawei
— The 2019 Trump trade agenda: adjusting US trade policy to the realities of the 21st century economy

Asia-Pacific and Japan

— The new era of FTA self-help and of enhanced FTA utilization in Asia
— Enhanced benefits of Australia’s next generation AEO program
— Philippine customs audit: common issues

Europe, Middle East, India and Africa

— WTO Boeing dispute: EU issues preliminary list of US products considered for countermeasures
— Customs valuation and transfer pricing: Hamamatsu — the journey continues
— Recent developments and changes to the European Union Customs Code
— Trade remedial actions in the steel and aluminum sector in India
— South Africa to introduce anti-forestalling measures in respect of excise duties
— Importation of samples for certification purposes in Russia
— Brexit update

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Trade Watch for June 2019

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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