301 Tariffs

USTR Initiates Review of 301 Tariffs on Chinese GoodsUnited States Reaches Deal with Austria, France, Italy, Spain, and the United Kingdom to Avoid Section 301 DutiesUSTR Proposes Section 301 Tariff Exclusion Renewal (Spreadsheet Attached)

Anti Money Laundering

FinCEN Warns Of Russia Sanctions Evasion; Focus on CryptoOFAC Puts Virtual Currency Industry on Notice, Highlights Best Practices for Digital CommerceTrump makes it official: Venezuelan digital currency is subject to sanctions

Antidumping/Countervailing Duties

GAO Report Reveals Deficiencies in Process for Collecting Antidumping and Countervailing DutiesWTO Authorizes China to Impose $3.6 Billion in Trade Sanctions Against the U.S.Department of Commerce Self-Initiates Steel Anti-Circumvention Proceeding

Brexit

Step Right Up: Opportunity to Shape new UK Tariff PolicyEU Traders’ Holiday Cheer in Short OrderUK Cannabis Market on the Brink of Change

Buy America

Bid Protests: A Buy American Enforcement Tool, At Least Sometimes

CFIUS

Regulatory Issues When Acquiring U.S. Pump CompaniesCFIUS Issues New Enforcement and Penalty GuidanceBiden Administration Issues Executive Order Defining Additional National Security Considerations for CFIUS

China

Biden Administration Issues Executive Order Defining Additional National Security Considerations for CFIUSPresident Biden Issues Directive to Boost Critical Mineral ProductionWEBINAR: Hot Market / Cold War: Is China Your Best Customer or Your Biggest Threat?

Customs

CBP’s Proposed Rulemaking to Change Country of Origin Method on Products from Canada and MexicoUSITC Finalizes Modifications to Harmonized Tariff Schedule - Changes Will Impact Classification of Over 350 ProductsUSTR Extends Tariff Exclusions for Products from China Needed to Combat COVID-19

Economics

First Round of CHIPS Funding AnnouncedBiden Administration Releases Six American Manufacturing and Supply Chain ReportsBuild America Buy America: Strong Domestic Procurement Provisions in Infrastructure Bill Signal Increased Commitment to U.S. Manufactured Goods

ESG

Environmental, Social & Governance (ESG)

U.S. Warns of Heightened Risk of Doing Business in Xinjiang

European Union

European Union Adopts Eighth Package of Sanctions Against RussiaEU Targets November 10 for Imposition of Nearly $4 Billion in Tariffs on U.S. Goods in Aircraft CaseU.S. increases tariffs on European aircraft: EU response a litmus test for transatlantic trade relations

Export Controls and Sanctions

OFAC Revamps and Updates WebsiteAnniversary Round of U.S. Sanctions, Export Controls Impose and Enhance Restrictions Against Financial and Material Support for Russia’s War EffortsOFAC Settlement Highlights Need for Compliance Training Across Subsidiaries for Multinational Firms

Foreign Corrupt Practices Act (FCPA)

OFAC Targets Corruption In Bulgaria With Designation of Influential Individuals and CompaniesCOVID-19 – Four Key International Trade Compliance ConsiderationsEVENT ANNOUNCEMENT: What European Companies Need to Know About U.S. Sanctions, Export Controls, and FCPA Compliance

Government Contracts

Bid Protests: A Buy American Enforcement Tool, At Least Sometimes

Intellectual Property

McDonald’s Big Loss in Big Mac Case

Manufacturing

Regulatory Issues When Acquiring U.S. Pump CompaniesU.S. and Japan Reach Agreement on Critical Minerals and Treasury Releases Guidance on EVsFirst Round of CHIPS Funding Announced

Market Access

Biden Administration Seeks Input on Negotiating Objectives for Indo-Pacific Economic FrameworkUnited States Reaches Deal with Austria, France, Italy, Spain, and the United Kingdom to Avoid Section 301 Duties“Phase One” Agreement Between the United States and China Reached

NAFTA

U.S., Canada, and Mexico Sign New NAFTAU.S.-Mexico-Canada Trade Agreement: Intellectual Property Provisions for the Modern AgeITC Initiates Investigation of the Likely Impact of USMCA

Safeguards

Canada to Impose Safeguard Measures on Steel Imports

Section 201

Trump Administration Releases Proposed List of Chinese Products for Additional 25% TariffsPresident Trump Announces Tariffs on Solar Panels and Washing Machines

Section 232 Investigations

Commerce Department Set to Investigate Whether Imports of Vanadium Threaten to Impair National SecurityCommerce Department Seeks Comments on Section 232 Exclusion Process for Steel and AluminumCommerce Launches 232 Investigations on Transformer Components and Mobile Cranes

Section 301

United States Reaches Deal with Austria, France, Italy, Spain, and the United Kingdom to Avoid Section 301 DutiesUSTR Proposes Section 301 Tariff Exclusion Renewal (Spreadsheet Attached)USTR Proposes Additional 25 Percent Tariffs on Imports from Austria, India, Italy, Spain, Turkey, and the United Kingdom

Supply Chain

U.S. and Japan Reach Agreement on Critical Minerals and Treasury Releases Guidance on EVsFirst Round of CHIPS Funding AnnouncedBiden Administration Invokes DPA to Advance Clean Energy Goals

Trade Agreements

U.S. and Japan Reach Agreement on Critical Minerals and Treasury Releases Guidance on EVsBuild America Buy America: Strong Domestic Procurement Provisions in Infrastructure Bill Signal Increased Commitment to U.S. Manufactured GoodsU.S. increases tariffs on European aircraft: EU response a litmus test for transatlantic trade relations

Trade Courts

U.S. Importers Should Reevaluate “First Sale” Customs ProgramsA Tale of Two Aircraft: U.S. Wins Historic Award in Airbus Case While EU Awaits Ruling on BoeingFunding for federal courts could end on February 1st

Trade Policy

U.S. and Japan Reach Agreement on Critical Minerals and Treasury Releases Guidance on EVsFirst Round of CHIPS Funding AnnouncedBiden Administration to Take Action on U.S. Outbound Investment Screening

Trade Remedy

New U.S. Sanctions on Russian Defense & Aerospace Companies; Anti-Evasion Initiative; Guidance on GoldCommerce Launches 232 Investigations on Transformer Components and Mobile CranesChina Requests $2.4 Billion in Relief After WTO Ruling Against United States

Uncategorized

Initial Restructuring of the International Traffic in Arms RegulationsBiden Administration Issues Executive Order Defining Additional National Security Considerations for CFIUSEU Publishes Fifth Round of Sanctions on Russia

USMCA

CBP Posts Interim Instructions for USMCA Implementation“Historic” USMCA Agreement SignedU.S. Agrees to Lift Section 232 Duties on Steel and Aluminum from Canada and Mexico

WTO

EU Targets November 10 for Imposition of Nearly $4 Billion in Tariffs on U.S. Goods in Aircraft CaseU.S. increases tariffs on European aircraft: EU response a litmus test for transatlantic trade relationsEU Traders’ Holiday Cheer in Short Order