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The U S updates the Xinjiang supply chain warning if it does not exit there may be a high risk of illegality | Anue Juheng-International Political Economy
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Department Press Briefing | U S Embassy in Georgia
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The U.S.-Vietnam relationship has been on an upward trajectory defined by common interests since diplomatic relations between the two countries normalized a quarter-century ago. Vietnam was one of two Southeast Asian countries specifically referenced in the Biden administration’s Interim National Security Strategic Guidance, demonstrating the extent to which it has become an increasingly critical part of U.S. defense planning for the region. Bilateral trade has grown over 200-fold since normalization. People-to-people ties have also grown as Vietnam’s tourism industry has developed. Since normalization, Vietnam has welcomed U.S. tourists, former Vietnam War veterans, and even former refugees and their families. U.S. schools and companies in turn have attracted Vietnamese students and recent graduates, who are among the best educated in the world despite the country’s lower level of economic development.
Biden cannot counter China with a team that lacks expertise
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Global Compliance News
July 4, 2021 3 Mins Read Share
In brief
On 5 April 2021, the US Court of International Trade (Court) issued a significant ruling that overturns a portion of the Section 232 tariffs imposed by President Trump under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. §1862). The decision affects the duties imposed on US imports of steel and aluminum “derivative” products but not the more general steel and aluminum tariffs. The Court found that President Trump missed the statutory deadline when he extended Section 232 tariffs to cover steel and aluminum derivative products more than two years after he received the original Section 232 report. In particular, the President failed to issue the proclamation expanding the duties within the 105-day window beginning upon receipt of the investigation report issued by the Secretary of Commerce. The decision may provide a path to meaningful relief (i.e., refunds and future imports with no Sectio