With the expiration of Trade Promotion Authority (“TPA”) on June 30, 2007, the U.S. Trade Representative (“USTR”) sought to advance as many open free trade agreements (“FTA”) and other trade programs as possible. The government’s failure to extend TPA, or “fast track” authority, means this could be the last we hear about FTAs for awhile, possibly until the new administration enters office in 2008. In addition, U.S. Customs and Border Protection (“CBP”) has published interim regulations on the United States-Singapore FTA (“U.S.-Singapore FTA”), for which it seeks comments.

Click on the PDF link above to view the full memorandum.

Source: Customs & Trade Client Memorandum