New UK Trade Remedy Regime Marks 'Significant Shift'
Baker McKenzie issued a November alert on recent updates to the United Kingdom's trade remedies regime, including the functions of its new Trade Remedies Authority and its potential implications for other World Trade Organization members. The regime is a “significant…
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shift” for the U.K.’s national trade policy, the firm said, mostly because it can now impose its own remedies and directly challenge foreign tariffs separately from the European Union. The alert includes tips for companies making a trade remedy application in the U.K. and what evidence they will need to show.