International sales by U.S. retailers over Black Friday and Cyber Monday more than tripled, said data released by FiftyOne Global Ecommerce. U.S. retailers have increasingly positioned themselves to expand their reach and grow sales beyond their U.S. borders, especially during the critical holiday shopping season, it said. Among the most active countries buying from U.S. retailers during the period were Colombia, Israel, Ireland, Mexico, South Korea, Russia and China, it said.
Russia export controls and sanctions
The use of export controls and sanctions on Russia has surged since the country's invasion of Crimea in 2014, and especially its invasion of Ukraine in in February 2022. Similar export controls and sanctions have been imposed by U.S. allies, including the EU, U.K. and Japan. The following is a listing of recent articles in Export Compliance Daily on export controls and sanctions imposed on Russia:
The World Trade Organization (WTO) posted the following notices from Nov 27-28 (may have to click twice on source documents for proper viewing):
On Nov. 26 the Foreign Agricultural Service issued the following GAIN reports:
The Food Safety and Inspection Service revised export requirements and plant lists for the following countries for Nov. 16-22:
The European Union issued the following trade-related releases Nov. 17-21 (notices of most significance will be given separate headlines):
In the Nov 17-20, 2012 editions of the Official Journal of the European Union, the following trade-related notices were posted:
The U.S. and Russia agreed to a draft revision of the agreement suspending the International Trade Administration’s antidumping duty investigation on certain hot-rolled flat-rolled carbon quality steel products from Russia (A-821-809). The ITA had previously said it intended to terminate the 1999 suspension agreement, and resume the investigation, because it was no longer preventing price undercutting by Russian exporters. Interested parties are invited to comment on the revisions by Nov. 23. The ITA and the Russian Ministry of Economic Development must sign a final version of the agreement by Nov. 30, the ITA said.
Senate Finance Committee Chairman Max Baucus (D-Mont.) said he hopes to see the Senate move quickly to approve legislation that would lower barriers on trade with Russia by repealing legislation that limits trade with communist countries. The House of Representatives voted to approve the bill (HR-6156) Nov. 16. "Passing this bill will provide a one-sided economic benefit for the U.S. by boosting our exports to Russia, and that’s exactly what America’s ranchers, farmers, workers and businesses need,” Baucus said. “I will continue to work in the Senate to get PNTR across the finish line and onto the President’s desk before the end of the year. We need to act now to take advantage of this opportunity and provide a much needed boost to our economy.” Several business groups, including the Business Roundtable and the National Foreign Trade Council, also urged quick Senate passage of the legislation.
On Nov. 16 the Foreign Agricultural Service issued the following GAIN reports:
The House approved granting Russia Permanent Normal Trade Relation Nov. 16. The bill (HR-6156) would repeal the Jackson-Vanik amendment, which limits U.S. trade with communist countries. The bill includes the so-called Magnitsky rule, which calls for repercussions for Russian leaders thought to be involved in the death of a Russian lawyer, Sergei Magnitsky. The bill is expected to be approved. The floor schedule is (here).