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In this issue: WTO Trade in goods Safeguards Anti-dumping Customs Daily and weekly news alerts New and updated content International Trade Highlights 2024/2025 WTO WTO reports surge in trade restrictions amid growing global uncertainty The World Trade Organization (WTO) has issued its annual trade monitoring report, signalling a marked upswing in trade‑restrictive measures. The WTO records that new actions by members impacted $US887.7bn of trade, a sharp rise on the prior year’s £US337.1bn. Although trade‑facilitating measures also increased, the WTO cautions that a swelling stock of import restrictions now covers 11.8% of world imports. The organisation additionally reports more export restrictions and a higher number of trade remedy initiations, alongside early indications of trade fragmentation linked to geopolitical tensions. See: LNB News 12/12/2024 41. Trade in goods DBT announces UK's official accession to CPTPP trade agreement The Department for Business and Trade (DBT) has announced that the UK has formally joined the...

In this issue: Key developments and materials WTO Trade in goods Customs Daily and weekly news alerts Key developments and materials Autumn Budget 2024—key International Trade announcements In the Autumn Budget 2024 on 30 October 2024, the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, set out measures to reinforce the international trade landscape. Plans include funding to amplify the UK’s trade and investment across the globe, engagement to advance Free Trade Agreements, and steps to deliver the UK’s Trade Strategy, among a range of further announcements and updates. Reeves observed that a range of trends will reshape both UK and global trade, stressing that adjusting to these shifts will underpin sustainable growth. See: LNB News 30/10/2024 33. WTO WTO reviews recent safeguard notifications The World Trade Organisation (WTO) has examined safeguard notifications from 11 members submitted since the WTO Committee on Safeguards’ previous meeting in April 2024. During the session, discussions also...

In this issue: Copyright & associated rights Trade marks/passing off Patents General IP Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Copyright & associated rights Law360, London reports that the Court of Justice has set out the criteria for when practical items may attract copyright protection. In Mio AB, Mio e‑handel AB, Mio Försäljning AB v Galleri Mikael & Thomas Asplund Aktiebolag, Joined Cases C‑580/23 and C‑795/23, the court held that applied art is treated no differently from any other category when judging originality. See: Court of Justice clarifies copyright rules for utilitarian objects...

This Practice Note offers practical guidance on the WTO and the UK’s approach to a particular market situation in anti-dumping investigations. It outlines the legal provisions, supplemented by case law and recent practices of the United Kingdom’s Trade Remedies Authority. Introduction The World Trade Organization’s Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade (Anti-dumping Agreement) provides that, when assessing whether dumping has occurred, the investigating authority must compare the export price with a comparable normal value. Likewise, the Taxation (Cross-border Trade) Act 2018 (T(CT)A 2018) reflects this by stating that normal value is the comparable price in the ordinary course of trade, or another price determined in accordance with regulations. Investigating authorities therefore have a duty to employ a comparable normal value. The preferred route is to rely on the domestic price—that is, the price at which the like product is sold, in the ordinary course of trade, on the exporting Member State’s domestic market. However, adopting this method assumes that there...