Search Results for keywords:"Office of the United States Trade Representative"

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Search Results: keywords:"Office of the United States Trade Representative"

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  • 2024-30657 — 2025 Tariff Rate Quota Quantity Limitations Under the U.S.-Australia Free Trade Agreement; Correction
    Type:Notice
    Citation:89 FR 105174
    Reading Time:about a minute or two

    The Office of the United States Trade Representative (USTR) published a correction notice about the tariff-rate quota for Australian goods entering the United States in 2025. Originally, an error stated that 1,355,423 metric tons could be imported under a specific subheading, but the corrected amount is actually 1,355 metric tons. This update, essential for the implementation of the U.S.-Australia Free Trade Agreement, becomes effective on January 1, 2025.

    Simple Explanation

    The U.S. government accidentally said Australia could send a lot more of a certain product to America than they meant to, so they fixed the number to be much smaller, starting from January 1, 2025.

  • 2021-01174 — Notice of Determination Pursuant to Section 301: The United Kingdom's Digital Services Tax
    Type:Notice
    Citation:86 FR 6406
    Reading Time:about 3 minutes

    The Office of the United States Trade Representative (USTR) determined that the United Kingdom's Digital Services Tax (DST) is unreasonable and discriminatory towards U.S. digital companies. The tax targets certain online services and has revenue thresholds that disadvantage U.S. businesses, while also conflicting with international tax principles by applying to revenue instead of income. This tax is seen as an unreasonable burden on U.S. commerce, and further proceedings will decide what actions, if any, the U.S. will take in response.

    Simple Explanation

    The USA thinks a tax from the UK on internet companies is unfair and makes things harder for US businesses, so they are looking at how to handle it.