The Washington Tariff and Trade Letter introduces a web-based format for easier review, research and sharing. Clicking on a story in the newsletter will now bring you to the full text on our new web site. A .pdf version of the newsletter is available below. For any questions about website access and your subscription, please contact us at Info@TradeRegs.com – Or call the Editor, Frank Ruffing, at +1.703.283.5220
The revisions principally update explanations and filing instructions to reflect existing requirements. They do not create 11 new compliance obligations.
The Financial Action Task Force’s first plenary under UK President Giles Thomson is scheduled for October 28–30 in Paris. Delegates are expected to advance FATF’s fraud roadmap, review jurisdictions under increased monitoring and are expected to discuss mutual evaluations of the United States and Mexico.
The reshuffling provides targeted relief to politically sensitive industries without reducing the broader tariff burden or easing the U.S.-Canada trade conflict. It also reinforces concerns that the administration views Section 338 as a flexible tariff power that permits rapid product changes without ordinary procedural safeguards—an interpretation now facing its first court challenge.