Perspectives on International Trade
249 total results. Page 1 of 10.
In a steady drumbeat of US sanctions targeting Iran during the month of November 2018, the Office of Foreign Assets Control has designated Iran-based financial facilitators of malicious cyber activity and, for the first time, associated digital currency addresses.
For more than two decades, a broad range of cross-border financial transactions between the United States, Canada, and Mexico were ruled by the 1994 NAFTA.
Action Alert: BIS Publishes List of Emerging Technologies That It Is Considering Subjecting to Unilateral US Export Controls. Your Company May Need to File Comments by December 19, 2018!
Back in May 2018, President Trump announced the United States’ intention to withdraw from the Joint Comprehensive Plan of Action (JCPOA) and re-impose secondary sanctions on Iran.
If the turbulence of 2018 caused business executives grief, the year ahead is unlikely to provide much relief. Foremost is the United States-Mexico-Canada Agreement (USMCA). If most political pundits are correct, the three governments will likely be able to ratify the USMCA in time to be in full fo
In the last hour of the last day of last month, with 30 minutes to spare, US Trade Representative Lighthizer met the US self-imposed deadline and formally sent to Congress the agreed-upon text of a US-Mexico-Canada Agreement, or USMCA.
China Section 301 Update: Product List 3 Determination; Product List 2 Exclusion Process Announced; and Modifications to Ch. 98 and MTB Claims
The Trump Administration recently announced several major decisions, including: finalizing the List 3 products subject to additional duties and revealing its implementation schedule.
The United States and Mexico announced an agreement on August 27, 2018 regarding key issues that have been the focus of trilateral discussions among the US, Mexico and Canada for over a year.
Kay C. Georgi, John Gurley, Marwa M. Hassoun, Regan K. Alberda, Sylvia G. Costelloe, Lamine Hardaway
The US Administration announced that it would be imposing sanctions on the Russian Government under the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991 (CBW Act) over the use of a “Novichok” nerve agent in an attempt to assassinate UK citizen Sergei Skripal.
President Trump Re-Imposes First Wave of Sanctions Against Iran and EU Expands Blocking Regulation to Cover US Secondary Sanctions Legislation on Iran
The President issued an Executive Order on August 6, 2018, “Reimposing Certain Sanctions With Respect to Iran” (the New Iran EO), which re-imposes relevant provisions of five Iran sanctions EOs (EOs 13574, 13590, 13622, and 13645).
US Trade Representative Robert Lighthizer issued a statement on August 2, 2018, advising that President Trump has directed him to consider raising the previously proposed 10% additional duty to be applied to $200 billion worth of Chinese goods (referred to as the List 3 products) to 25%.
OFAC Issues Helpful Guidance regarding North Korea Sanctions for Businesses with Supply Chains in Asia, Middle East, and Africa
Most US and multi-national corporations are quick to say, “we don’t do business with North Korea.” However, some companies will recognize the risk of sourcing products from businesses located outside North Korea that may use North Korean overseas workers or subcontract to North Korean companies. The
David R. Hamill, Nancy A. Noonan, Teresa M. Polino, John Gurley, Kay C. Georgi, David Salkeld, Leah Scarpelli, Antonio J. Rivera
On July 6, 2018, the implementation day for the Section 301 “List 1” duties, the United States Trade Representative released the procedures for filing exclusion requests for List 1 products subject to the 25 percent tariff pursuant to Section 301 of the Trade Act of 1974.
Despite Secretary Mnuchin’s statement last week that the Section 301 tariffs were “on hold,” President Trump announced this morning that he is moving ahead with the additional 25 percent ad valorem tariffs on certain Chinese imports to protect US intellectual property rights.
The 2018 edition of Legal 500 US has rated 50 Arent Fox LLP attorneys as national leaders in their field. In addition, 18 of the firm’s practice areas were ranked among the best in the country, including new recognition for the firm's Trademark Litigation and White Collar groups.
On May 20, 2018, Secretary of the Treasury Steven Mnuchin stated that the US was “putting the trade war on hold,” pending negotiations with China to reduce the US trade deficit and address certain acts, policies, and practices related to intellectual property rights.
Following a tweet from President Donald Trump that there was “big news coming soon” for the automotive industry, the Department of Commerce (DOC) formally announced on May 24, 2018 an investigation into the impact of certain automotive imports on US national security interests.
The Trump Administration did an about-face over the weekend, announcing that the sweeping 25 percent tariffs on products imported from China were placed on hold, as the two countries try to iron out a deal that would avoid the impending trade war.
The May 21 notice provides guidance on the manner in which imports whose exclusion requests are approved by the DOC should be entered in order to avoid the Section 232 duties.
Following the Presidential Proclamations issued April 30, 2018 regarding the imposition of double-digit tariffs on certain steel and aluminum imports (Section 232 tariffs), US Customs and Border Protection published further guidance detailing the implementation of the Section 232 tariffs.
Canadian business leaders greeted the President’s announcement that the exemptions for Canada (and Mexico) from the double-digit “Section 232 tariffs” on certain steel and aluminum imports will be extended an additional month, or May 31, 2018.