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Trade Disputes, Steel, Bags and Wine: how the US tariffs are impacting transatlantic trade
September 16, 2020 @ 11:00 AM - 12:00 PM EDT
In 2018, the US set import tariffs on steel and aluminum from China and the EU. In 2019, further tariffs were imposed on EU goods such as wine, cheese, motorcycles, luxury items. On July 16, 2020, in reaction to France’s plan to impose a Digital Service Tax on e-commerce companies, the United States Trade Representative threatened to impose additional duties of 25% as of January 2021 on products from France such as handbags, make-up and soap. Join us to find out how these duties are impacting trade between the US and Europe, how affected industries and companies are handling this, and dive into what local impact looks like with the example of Florida, a trade hub into Latin America.
Topics to be covered in this webinar will include:
- What is the impact of the US retaliatory tariffs in relation to the Airbus dispute on trade flows into the US from the EU?
- How are the tariffs on steel and aluminum which apply worldwide and the Section 301 tariffs against Chinese produced products impacting European-owned companies in the US which manufacture in China?
- Are these tariffs creating competition within the EU Member States since the list is product and country-specific? What is the impact on trade from Spain?
- As a response to France’s plan to impose a Digital Services Tax on e-commerce companies, what is the reaction to the US threat to impose 25% additional tariff on certain goods from France?
- What are the perspectives for a compromise between the EU and US?
- How are these trades disputes impacting large multinational companies, their brands and global supply chains?
- What is the impact on smaller companies and/or importers of goods? And what about the end consumer?
- What strategies can be put into place to mitigate the impact of these trade disputes and additional tariff burden not to mention the impact of the COVID-19 global pandemic on supply chains, suppliers, products, etc …
- What does local impact look like with the example of Florida, a trade hub into the US and Latin America?
- Francisco Garzón: Trade Commissioner of Spain in Miami
- Peter Quinter: Shareholder, GrayRobinson, Miami
- Laura Siegel Rabinowitz: Shareholder, Greenberg Traurig, New York – Moderator
- Lynn Usdan: Senior Vice President, Ethics and Compliance/Corporate Affairs at LVMH Moët Hennessy Louis Vuitton Inc.
Francisco Javier Garzón Morales
Francisco is the Trade Commissioner for the Trade Commission of Spain in Miami. He has a degree in Economics from the Universidad Complutense de Madrid and is a State Chartered Economist and Trade Expert for the Government of Spain. He has held different positions in the fields of internationalization and competition policy and regulation. Mr. Garzón has worked as Deputy Director and Presidency Advisor at the National Commission on Markets and Competition (CNMC), mainly focused on the telecommunication and audiovisual sectors. Regarding international trade and business internationalization, between 2014 and 2018, he was the CEO of ICEX Spain Trade & Investment, the Spanish agency for trade promotion and investment attraction, and previously he held the position of Trade Commissioner at the Embassies of Spain in Brazil and Mexico.
Laura Siegel Rabinowitz, Shareholder, Greenberg Traurig
Laura Siegel Rabinowitz counsels domestic and multinational businesses on complex supply chain issues and other complicated challenges associated with trade, advising on mitigation of duty exposure and compliance. Laura has deep experience handling international trade projects for clients, including multinational importers, exporters, manufacturers, retailers, customs brokers, and freight forwarders.
Peter Quinter, Shareholder, GrayRobinson
Peter is a shareholder and customs attorney in the Miami, Boca Raton and Fort Lauderdale law offices of GrayRobinson. He is the chair of the Customs & International Trade Law Group. Peter principally represents individuals and companies involved in international trade and transportation, including litigation in the federal courts located in Florida and the U.S. Court of International Trade in New York. Peter also served as legal counsel at the Southeast Regional Headquarters of the U.S. Customs Service (now known as U.S. Customs and Border Protection) in Miami, Florida.
Lynn Usdan, Senior Vice President, Ethics and Compliance/Corporate Affairs at LVMH Moët Hennessy Louis Vuitton Inc.
Lynn is Senior VP, Ethics and Compliance/Corporate Affairs at LVMH in New-York. Prior to this, Lynn was Senior Vice President, General Counsel and Secretary of Donna Karan International Inc. and was a member of its Board of Directors. She was responsible for oversight of all legal affairs of the Company, including licensing, brand protection and enforcement, corporate transactions and real estate, litigation strategy and management, and human resources. In addition to her legal responsibilities, Lynn was responsible for the Company’s compliance programs and policies, both internally and externally, including its supplier compliance program. Earlier in her career, Lynn practiced law at two large NYC law firms specializing in corporate and securities law and mergers and acquisitions.