A United States Trade Representative (USTR) investigation into France’s Digital Services Tax (DST) was initiated on July 10, 2019, according to Sec 302(b)(1)(A) of the Trade Act of 1974 and was completed on December 2, 2019.
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The Brexit Transition period ends on December 31st 2020. As of January 1st 2021, the United Kingdom of Great Britain (UK) officially leaves the European Union (EU). Tradewin has identified some key areas that traders need to prepare for when the UK becomes a third country to the EU. These key areas need to be considered regardless if there is an agreement between the EU and the UK, as formalities at the borders will need to be completed.
In preparation for Brexit, the United Kingdom (UK) has published its Common External Tariff, scheduled to take effect on January 1st, 2021, at the end of the transition period established in the EU Withdrawal Agreement Bill.
On February 12th, 2020, The European Union (EU) moved forward with a partial withdrawal of preferential tariff treatment from Cambodia due to human rights abuses.
Topics: Europe
Following a decisive win by the conservative party in a recent UK General Election, on December 20th, 2019 the UK House of Commons approved the Withdrawal Agreement Bill (WAB) governing the UK’s departure from the European Union (EU). In parallel, the bill was approved by European Parliament on January 29th, 2020.
