The Carbon Border Adjustment Mechanism (CBAM) is a carbon-pricing system for imports into the European Union. The relationship between the CBAM and the European Emission Trading Scheme (ETS) would be
Continue Reading EU Carbon Border Adjustment Mechanism Proposal and Its Relationship to the European Emission Trading Scheme
After months of negotiations, the United States and European Union have announced that the national security tariffs imposed by the Trump administration on imports of steel and aluminum will be
Continue Reading US-EU Deal on Steel and Aluminum Imports
On March 26, 2021, the United States Trade Representative (USTR) Katherine Tai announced that the United States is considering implementing up to 25% retaliatory tariffs on certain products of Austria,
Continue Reading USTR Proposes Retaliatory Tariffs on Digital Services Taxes: Austria, India, Italy, Spain, Turkey, and the United Kingdom
On March 5, 2021, the United States and European Union agreed to a four-month suspension of the retaliatory tariffs that had been imposed on both sides pursuant to the long
Continue Reading US, EU, and UK Suspend Airbus-Boeing Retaliatory Tariffs
The UK’s new prime minister, Boris Johnson, will take office on 24 July 2019, just over three months before the UK is due to leave the EU, on 31 October
Continue Reading Brexit Update: Impact of New UK Prime Minister
On May 2, 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published A Framework for OFAC Compliance Commitments, which details more than 10 pages of
Continue Reading OFAC Crystalizes Its Expectations for Economic Sanctions Compliance Programs
It is now less than two months until 29 March 2019, the date set for the UK’s withdrawal from the EU. At this late stage, the terms of the UK’s
Continue Reading Brexit Brinkmanship