Suspending Argentina's Preferential Trade Status

Law360, New York ( April 3, 2012, 1:49 PM EDT) -- On March 26, 2012, the United States took the unprecedented step of using trade measures to support the efforts of U.S. investors to recover under arbitral awards rendered against Argentina. President Obama issued a proclamation suspending Argentina's designation as a beneficiary developing country under the U.S. Generalized System of Preferences because Argentina "has not acted in good faith in enforcing arbitral awards in favor of United States citizens" or U.S.-owned companies. The suspension will affect goods entered or withdrawn from a bonded customs warehouse on or after May 28, 2012, including imports into the United States of wine and olive oil from Argentina....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!