Yesterday, United States Trade Representative Robert Lighthizer officially notified Congress of President Trump’s intent to renegotiate the North American Free Trade Agreement (NAFTA), kick-starting the 90-day wait period that must take place prior to the commencement of negotiations. Lighthizer stated that the administration’s objectives in the negotiations is to modernize NAFTA, support higher-paying U.S. jobs, and grow the U.S. economy. The Office of the U.S. Trade Representative plans to publish a notice in the Federal Register requesting public input on the “direction, focus, and intent” of the negotiations. Lighthizer emphasized that the administration is committed to concluding the negotiations with timely and substantive results.
On May 17th, Jamie Joiner spoke at the Houston Customs Brokers and Freight Forwarder Association’s (HCBFFA) monthly luncheon and provided an update on U.S. sanctions and export controls under the Trump administration. The event had a great turn-out and Jamie even got a chance to draw two prize winners in the monthly raffle. This month’s winners received two tickets to see the Doobie Brothers.
Today, the U.S. Department of the Treasury sanctioned five individuals and five entities in response to continued acts of violence by the Syrian government. According to the Treasury Department, these designated individuals and entities have provided support or services to the Government of Syria, or are owned, controlled by, or acting for sanctioned persons.
The U.S. Department of the Treasury announced that China and the U.S. have made progress on their agreed-upon plan to tackle certain issues related to trade within 100 days of President Trump's meeting with Chinese President Xi last month. Specifically, the Treasury Department stated that the U.S. and China have reached a consensus in key areas including agricultural trade, financial services, investment, and energy.
The following events related to international trade may be of interest to you:
Join the Houston DEC for an Export University seminar that will include an overview of the Incoterms® 2010 rules critical to the sale of goods (both domestically and internationally), as well as a presentation on the relationship between Incoterms and Insurance, and how to prevent risks throughout the various stages of the supply chain. Joiner Law Firm is a proud sponsor of Export University. For more information, please email email@example.com.
At this year’s conference, Jamie Joiner will discuss several important trade-related topics, including key recent Customs cases, rulings, and regulatory changes that every import compliance manager should be aware of; the latest 2017 guidance from BIS and DOJ on the government’s expectations for U.S. export control and sanctions compliance programs; the use of ACE export data to monitor exporters’ compliance; and the importance of a post export audit process in compliance programs. JLF attorney, Thomas Ludwig, will present on balancing deemed export compliance obligations with anti-discrimination laws. Joiner Law Firm is a proud sponsor of this advanced-level trade compliance conference. Register→
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