Europe is now officially the epicentre of the coronavirus pandemic. According to data shared by health authorities, Italy on Thursday surpassed China's official death toll. The disruption of global supply routes after China was forced into lockdown to control its coronavirus outbreak in January, and the ripple effect since other countries have followed suit has highlighted how reliant Europe and the US have become on external sources and revived a debate about the need to repatriate some production capabilities. It is estimated that the economic impact of the COVID-19 pandemic could be up to $3 trillion before we see normality restored.
For Week 12, we focus much on COVID-19 and its impact on the US and the EU, especially the impact on internal EU border closures for food and medical supplies. Besides, we capture all other relevant legislative news that occurred, including the publication of the EU-UK draft legal Free Trade Agreement Text or the publication of the first-ever UK trade bill.
We are hosting a free webinar on "Customs and trade in times of COVID-19" on Friday, March 27, 2020, and Friday, 3 April 2020. It’s free and we invite you to take part.
Previous Edition Week 11 10 - 15 March 2020
Welcome to Customs Manager's Professional Legislative Monitoring (PLM) for the E.U. and the U.S. for Week 11. As for meeting face-to-face is becoming more and more restricted, we are excited to announce the first Customs Managers exclusively online conference covering E.U. & U.S. customs, trade agreements, and export control topics of importance to customs managers and global trade professionals. Listen to practitioners, policymakers, and advisors on how to tackle global trade challenges in an ever-changing trade environment. It will take place on 4 May 2020 and you can register your interest by accessing this link: https://www.customsmanager.info/c-gt-conference-2020
On the customs front this week, the U.S. has added exclusions on the 301 Section additional duties against China. As regards trade agreements, USMCA was ratified by Canada late in the week and this allows the agreement to enter into force. Companies need to get ready to save duty and comply with its provisions from Day 1. On the Export Control front, the main news is that the U.S. has decided to extend through May 15, 2020, the temporary general license to Huawei and 114 of its non-U.S. affiliates on the Entity List. Plus, we have complied with some important business contingency documents from analysts and advisers on how best to tackle the coronavirus crisis.
Previous Edition Week 10 2 - 9 March 2020
Welcome to Customs Manager’s Professional Legislative Monitoring (PLM) for the EU and the US for Week 10.
COVID-19 appears to be here to stay for the foreseeable future, and countries have begun to limit the export of protective equipment. We provide an update
On Customs, USTR issued another Notice on China product exclusions. We have a blog for subscribers to get background on the US-China trade dispute, understand the Section 301 Lists, the products included and the exception.
In Trade Agreements, Customs Manager noted the publication of the diagonal cumulation matrix by the EU, which helps with achieving originating content. But the eyes focused on the publishing their Climate Law, which makes the EU climate neutral by 2050 – with significant implications for global trade (Carbon Border Adjustment Mechanisms)
On Export Controls, BIS has amended the BIS Country Group Designations for Russian and Yemen and delisted several persons and entities from SNL..
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Our mission is to create the world's largest community of empowered Customs managers and Global Trade Professionals. We achieve this through professional legislative monitoring, ongoing training & education and providing first-class support. In this way, we strengthen the overall customs & global trade (C>) profession by creating up-to-date, well-trained and supported customs managers ready to grow global trade effectively, efficiently and compliantly.
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