Weekly Trade Roundup
January 6, 2022
This week: Textiles 2022 Trade Priorities; Conference Speakers; Uyghur Forced Labor Prevention Act Update; 2022 HTSUS Modifications; and more.
AAEI’s Textiles Committee Collecting 2022 Trade Priorities
AAEI leaders currently are working on AAEI’s 2022 legislative and regulatory priorities. They’re seeking member input on Textiles, Apparel and Footwear issues for the coming year. Forced Labor? Section 301 tariffs? GSP benefits? All members are heard. Take our Member Poll.
Biden Signs Uyghur Forced Labor Prevention Act
President Biden signed the Uyghur Forced Labor Prevention Act (H.R. 6256) into law on December 23, 2021. The law bans imports from the Xinjiang Uyghur Autonomous Region (Xinjiang) of China and imposes sanctions on foreign individuals responsible for forced labor in the region. The law includes a rebuttable presumption process, a 6-month implementation deadline, and a comment period. The forced labor presumption takes effect on June 21, 2022.
AAEI’s U.S.-China Trade Policy Subcommittee will meet on Tuesday, January 18, 2022 to develop AAEI’s next steps. See details.
Biden Modifies 2022 HTSUS, Suspends AGOA Benefits to 3 Countries
President Biden issued a proclamation in late December to modify the 2022 U.S. Harmonized Tariff Schedule (HTSUS). It amends the HTSUS to confirm with the World Customs Organization’s (WCO’s) product classification updates. It also suspends trade benefits to three counties, Ethiopia, Guinea and Mali, under the African Growth and Opportunity Act (AGOA). See details.
AAEI 2022 Annual Conference: Speakers Wanted
AAEI is seeking potential speakers for the panel sessions at the AAEI’s upcoming 101st Annual Conference & Expo in Fort Lauderdale. Interested speakers must be current AAEI members. Add your name to the list.
US Wins First USMCA Dispute Settlement over Canada’s Dairy Restrictions
The Office of the U.S. Trade Representative (USTR) announced this week that the U.S. won the first ever USMCA dispute settlement against Canada for unfairly favoring Canadian dairy processors. A three-member USMCA panel agreed that Canada is breaching its commitments by reserving dairy tariff-rate quotas (TRQs) for the exclusive use of Canadian processors. See details.