The European Union's new tariffs on goods from the U.S. (see 1806200016) took effect on June 22 and won't apply to goods exported from the U.S. before that date, the United Kingdom said in a notice. The UK considers "the point of export to be the completion of export formalities followed by the leaving of the territorial waters of the US," it said. "It is that point that customs will take into account when considering whether or not to apply the new duties. A proof such as the bill of lading, where the shipping date may be compared to the date of entry into force of the rebalancing measures must be made available to the customs authorities on request. Goods that were exported from the US prior to 22 June 2018 are exempt from these new duties. This includes goods that were on the high seas." The tariffs also won't apply to products "for which an import licence with an exemption from or a reduction of duty has been issued prior to the date of entry into force," the EU said in its notice.
In recent editions of the Official Journal of the European Union the following trade-related notices were posted:
The World Customs Organization issued the following releases on commercial trade and related matters:
The European Union recently issued the following trade-related release (notices of most significance will be given separate headlines):
The World Customs Organization issued the following release on commercial trade and related matters:
New Chinese 25 percent tariffs on goods from the U.S. set to take effect on July 6 (see 1806150037) are mostly focused on meat, agriculture and cars. China said it would impose initial tariffs on those and other goods mentioned in a first list on the same date the U.S will impose its Section 301 tariffs on goods from China (see 1806150003). China said it also plans to eventually add tariffs to goods mentioned in a second list, which includes chemical products, medical equipment and energy products.
The European Union adopted the proposed list of new tariffs on $3.2 billion worth of U.S. goods, the EU said in a June 20 news release. The list is the same as the one it submitted to the World Trade Organization (see 1806010022), and the new tariffs will take effect on June 22, the EU said. Additional tariffs will be added "at a later stage -- in three years' time or after a positive finding in WTO dispute settlement if that should come sooner," it said.
The World Customs Organization issued the following releases on commercial trade and related matters:
The European Union and Australia began discussing a "broad trade agreement" on June 18, the European Commission said in a news release. The EC's Commissioner for Trade Cecilia Malmstrom met with Australian Prime Minister Malcolm Turnbull and Trade Minister of Australia Steven Ciobo in Australia to officially begin the discussions. "In challenging times, it is heartening to see that Australia shares our commitment to a positive trade agenda, and to the idea that good trade agreements are a win for both sides," Malmstrom said. The first formal round of talks between negotiators will go on in Brussels July 2-6, the EC said. The EC also posted a new site focused on the agreement's progress.
The World Customs Organization issued the following release on commercial trade and related matters: