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News in week 15: US suspended country-specific tariff rates for 90 days; Commission proposal to impose trade countermeasures against US; WTO - what is the real impact of tariffs; relief from … import duties and VAT exemption on certain goods in connection with Russia's war in Ukraine; anti-dumping measures on imports of monosodium glutamate; provisional anti-dumping duty on certain flat-rolled products of iron, non-alloy steel or other alloy steel; guidance document on the application of PEM rules in 2025; new rules for safer toys - importers will have to submit digital product passports at the EU borders; EU customs data model 7.0 released; WTO marked its 30th anniversary; and more updates.

This article looks at how your business activities, trading relationships, internal controls, and interactions with customs and other authorities can impact your risk assessment and, in turn, … the extent of customs controls. It also offers practical insights into how companies can lower their customs risk profile and reduce the level of scrutiny customs authorities apply to their operations.

In this continuation of the export control series, we place ourselves in the position of a company expanding internationally and taking initial steps towards implementing export control procedures. … In such instances, where no export control department or organisational structure yet exists, the question arises: who should assume responsibility for this crucial function?

News in week 15: US suspended country-specific tariff rates for 90 days; Commission proposal to impose trade countermeasures against US; WTO - what is the real impact of tariffs; relief from … import duties and VAT exemption on certain goods in connection with Russia's war in Ukraine; anti-dumping measures on imports of monosodium glutamate; provisional anti-dumping duty on certain flat-rolled products of iron, non-alloy steel or other alloy steel; guidance document on the application of PEM rules in 2025; new rules for safer toys - importers will have to submit digital product passports at the EU borders; EU customs data model 7.0 released; WTO marked its 30th anniversary; and more updates.

Editor's note: Continuing the theme of the previous article (see 'Discussion of the most important AI risks'), the author looks at how the EU is trying to reconcile worker protection, innovation … and global AI competitiveness while taking full account of citizens' concerns. The author discusses a recent opinion of the European Economic and Social Committee (EESC) and shares his findings.

Item means usual packaging for retail sale, e.g. a package of 3 bottles of perfume if they are sold together, or a bottle of perfume if it is meant to be sold separately.

The Pan-European-Mediterranean Zone was implemented in 2005. The idea was to create a cumulation zone between Europe and its neighbours and to encourage intra-regional integration by promoting … trade and cooperation. The PEM Convention allows for the cumulation of origin between different countries within the zone. Cumulation of origin is one of the ways to allow for greater flexibility when it comes to using raw and semi-manufactured materials in the production process. It allows a member of a trade agreement to use originating products from other members.

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The … purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

CBAM goods are all goods for which the embedded emissions must be reported. In the EU, they are listed in Annex I to the CBAM Regulation.