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Wine prices could soon go up while some bottles will become harder to find in the US, thanks to a dangerous 'one-two punch'
Wine prices could soon go up while some bottles will become harder to find in the US, thanks to a dangerous 'one-two punch'

17/08/2020

  • A 25% tariff on many European wines is staying in place, the US Trade Representative said this week.
  • Wine importers and retailers say the tariffs have unnecessarily hurt small American businesses. 
  • Certain wines have already gone up in price, and it's likely Americans will have fewer bottles to choose from in the future.
U.S. holds tariffs on EU products over Airbus aid
U.S. holds tariffs on EU products over Airbus aid

15/08/2020

The U.S. said tariffs on European Union products will remain unchanged, despite efforts by plane maker Airbus to move into compliance with a World Trade Organization decision over state aid.

India: ‘Interested Parties’ in Anti-Subsidy Investigation on Malaysian Solar Glass Imports
India: ‘Interested Parties’ in Anti-Subsidy Investigation on Malaysian Solar Glass Imports

15/08/2020

Eight parties expressed their interested and filed their responses with the DGTR.The Director-General of Trade Remedies (DGTR) has published a list of parties interested in its anti-subsidy investigation concerning the import of textured (tempered) glass from Malaysia.
China extends anti-dumping tariffs on Indian optical fiber
China extends anti-dumping tariffs on Indian optical fiber

15/08/2020

China’s Commerce Ministry said Thursday it has extended punitive tariffs on Indian optical fiber products for five years.
European Union Extends Levy of Countervailing Duty on Solar Glass Imports from China
European Union Extends Levy of Countervailing Duty on Solar Glass Imports from China

15/08/2020

The European Union (EU) has announced that the imposition of countervailing duty on solar glass imports from China will continue. Countervailing duties are anti-subsidy duties levied on imports to balance out the negative effects of subsidies.
Hong Kong exports to US will avoid punitive tariffs, but city minister slams ‘Made-in-China’ relabelling as ‘telling a lie’
Hong Kong exports to US will avoid punitive tariffs, but city minister slams ‘Made-in-China’ relabelling as ‘telling a lie’

15/08/2020

Washington issues a clarification, continuing the exemption for Hong Kong goods from the harsh levies imposed on mainland China. But city exporters must relabel products ‘Made in China’, leading to concerns Hong Kong brands will be damaged.
The WTO multi-party interim appeal arrangement gets operational
The WTO multi-party interim appeal arrangement gets operational

13/08/2020

On 31 July, the participants in the multi-party interim appeal arrangement (MPIA) notified the WTO of the ten arbitrators who will hear appeals of WTO panel reports under the MPIA. This marks the final step to make the MPIA operational for disputes between the participants. 
Trump’s tariffs on Canada are about more than aluminum
Trump’s tariffs on Canada are about more than aluminum

13/08/2020

Just five weeks after the United States-Mexico-Canada agreement (USMCA) went into force, the United States slapped a 10 percent national security tariff on aluminum from Canada, its closest ally. The dispute between the two countries has now dominated the trade relationship, but it has nothing to do with aluminum per se.

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