Trade and Manufacturing Monitor
CECC Hearing Turns Spotlight on Supplier Audits & Certifications in China
On April 30, 2024, the Congressional-Executive Commission on China (“CECC”) held a hearing entitled “ Factories and Fraud in the PRC: How Human Rights Violations Make Reliable Audits Impossible,” in which expert…
CFIUS Announces Changes to Penalties and Subpoena Authority
On Thursday, April 11th, the Treasury Department, as Chair ofthe Committee on Foreign Investment in the United States (CFIUS), issued aNotice of Proposed Rulemaking (NPRM), bolstering CFIUS’s authority andincreasing…
A second RRM dispute settlement panel, and its implications for enforceability across the Biden trade policy
While Ambassador Katherine Tai was testifying before the House Ways and Means Committee this morning – where her testimony focused significantly on the Rapid Response Labor Mechanism (RRM) under the United…
Commerce Initiates Rulemaking Targeting Foreign-Manufactured Technology Used In Connected Vehicles
On Thursday, February 29th,2024, the Department of Commerce (“the Department”) announced an advancenotice of proposed rulemaking (“ANPRM”), seeking public comments regardingnew potential regulations to “secure and…
2nd Anniversary of Ukraine Invasion Brings New Sanctions on Russia
On February 23, 2024, on the 2nd anniversary of Russia’s invasion of Ukraine, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced significant new sanctions, adding nearly 300 Russian and select…