The past few weeks have seen several significant developments affecting US global trade. These include:
- A December 14 letter from US Trade Representative Katherine Tai to the US International Trade Commission (USITC) requesting a comprehensive study of North American foreign trade zones (FTZs), examining the impact of FTZs and programs on employment and the competitiveness of goods produced in FTZs in the United States;
- A December 23 presidential proclamation updating the US Harmonized Tariff Schedule (HTS) and making other changes to US customs rules;
- ….
Source PwC
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