Tag Archives: Tariffs

Agreement Toward Eliminating Tariffs of High-Tech Products to Take Effect July 2016

The European Parliament became the most recent body to ratify an expansion of the expanded World Trade Organization (WTO) Information Technology Agreement (ITA). The deal had previously been committed to and signed by the EU, but as of June 8, 2016, it has the European Parliament’s legislative backing. The original iteration of the ITA was … Continue reading this entry

U.S. and Japan Continue Talks on Auto Tariffs

Once again, the United States and Japan failed to reach an agreement on auto tariffs. Tariffs on automobiles are one of the remaining key issues that lie between the two countries in relation to the proposed Trans-Pacific Partnership (TPP). On April 9th and 10th, U.S. Trade Representative Michael Froman and Japanese Economic and Fiscal Policy … Continue reading this entry

U.S. to Cut Automotive Tariffs as Japan Enters TPP Talks

On April 24, 2013, Acting U.S. Trade Representative (“USTR”) Demetrios Marantis formally notified Congress that the United States plans to include Japan in Trans-Pacific Partnership(“TTP”) negotiations. Coming just three days after the TTP parties accepted Japan’s entry bid, and less than a month since Japanese Prime Minister Shinzo Abe’s announcement that Japan would apply to … Continue reading this entry

Japan’s Entry Into Free Trade Talks Presents Challenges for the Automotive Sector

Japanese Prime Minister Shinzo Abe’s announcement that Japan will join talks on the Trans-Pacific Pacific Partnership (“TPP”) presents potential challenges for the U.S. automotive sector. Together with Canada and Mexico’s entry in October 2012, the decision could transform the TPP into a major trade pact spanning some of the largest economies on the Pacific Rim. The outcomes … Continue reading this entry