Happy new year everyone! Hope your new year is off to a great start.
2018 was a busy year for trade policy and 2019 will likely continue that trend. Here’s some important dates for trade in this new year:
1/1/2019 – the updated US trade agreement with South Korea signed in September 2018 will enter into force.
1/7/2019 – during this week, a US delegation will travel to Beijing for trade talks with Chinese officials. This will be the first face to face meeting since President Trump met with President Xi Jinping at the G20 summit on December 1st.
1/7/2019 – while a delegation goes to Beijing, the EU Trade Commissioner will meet with USTR Robert Lighthizer on other trade negotiations with the EU.
1/10/2019 – this is the deadline for submission of comments by US businesses regarding restrictions on high-tech American exports such as microprocessors and robotics
1/21/2019 – the US and Japan will likely enter into formal talks for a trade agreement.
2/17/2019 – deadline for the U.S. Department of Commerce to publish their report on the justification of tariffs on foreign cars. Once a report is submitted, President Trump has 3 months (May 18th) to make a decision on tariffs for foreign cars.
3/1/2019 – end of the 90-day truce started on December 1st. If no trade agreement is reached, $200 billion of Chinese goods will see increased tariffs from 10% to 25%.
4/2019 – deadline for the U.S. Department of Commerce to publish a national-secuirty report on the impact of uranium imports.
1st half of 2019 – congress will vote on the U.S.-Mexico-Canada Agreement to replace NAFTA.
Check back for more updates as they become available. If you have any questions how these upcoming events will impact your business, contact experienced trade attorney David Hsu at 832-896-6288 or by email at email@example.com.