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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 alumi...

Global Compliance News June 9, 2021 2 Mins Read Share In brief On April 28, 2021, the House of Councilors of Japan approved the Regional Comprehensive Economic Partnership Agreement (RCEP), nearly completing the ratification process that began with RCEP’s approval by the lower house of the Diet on April 15. Japan is expected to formally deposit its ratification instrument with the ASEAN Secretariat after a few remaining internal procedures. The RCEP, signed on November 15, 2020, is the largest regional free trade agreement (FTA) outside the WTO. Its 15 member states account for ...

The Jewish National Fund blue box For decades, Jews around the world have cherished the Jewish National Fund’s supposedly “charitable” work buying and managing land in Israel. Generations of Jewish children have been encouraged to drop pennies into its iconic blue collection boxes. The Fund is held in similar high esteem by western governments, which typically subsidize their citizens’ donations to the JNF by treating them as tax exempt. Meanwhile, international agencies seek out its advice on environmental and sustainability issues. But a vote last month by the JNF’s board t...