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Both the EU and the UK are eager to achieve a Brexit deal.  However, with time running short and red lines continuing to be drawn on both sides, a no-deal Brexit scenario remains a possibility.  For this reason, both the EU27 and the UK are expediting preparations for a hard Brexit.  Absent any temporary arrangements, if the UK leaves the EU without a deal on 29 March 2018, it will become a “third country” EU…
One of the potential consequences of the U.S.-China trade dispute is that more companies may consider supply chain sourcing from third countries such as Mexico.   This may include direct sourcing in the third country or the processing of Chinese components into finished products in third countries prior to entry into the United States.  There are a number of issues to consider where the processing of Chinese products subject to section 301 duties occurs in third…
With the Section 301 25% duties on imports of Chinese made products set to go into effect on July 6, 2018, importers should be aware that they may need to increase their bond amounts.  Bonds are based on value and duty on imported goods.  U.S. Customs and Border Protection (“CBP”) routinely reviews bond amounts for their sufficiency.  After the Section 232 duties on imported steel and aluminum went into effect recently, CBP sent letters to…