International Trade Elections & Politics

Read need-to-know updates, commentary, and analysis on International Trade issues written by leading professionals.
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May Legislative Update

Four key bills were introduced in both the Senate and House in late April, including the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, also known as “trade promotion authority” or “fast track,” the...more

America Turns A Page: Cuba Removed From U.S. List of State Sponsors of Terrorism

The United States officially removed Cuba from its list of State Sponsors of Terrorism today, according to an announcement by the U.S. State Department via Twitter. The change takes effect immediately, according to the...more

May Trade Legislation Tracker

Global Free Internet Act of 2015 Sponsor: Lofgren (D-Calif.) A bill to combat trade barriers that threaten the maintenance of an open Internet, that mandate unique technology standards as a condition of market...more

Slowing President Obama's Cuban Mambo

In December of last year President Obama announced what many had predicted he wanted to do since his first inauguration day – restore U.S. relations with Cuba. Six years into his presidency and hamstrung by the 1996...more

Canada Retaliates Against U.S. Country of Origin Labelling Requirements

Since 2008, the Canadian government has challenged country of origin labelling (COOL) requirements imposed by the United States Department of Agriculture (USDA). On May 18, 2015, the World Trade Organization (WTO) Appellate...more

US China Trade War — TPA Passes Senate–Developments in Trade, Customs, IP/337, Antitrust and Securities

The major trade issue is Trade Promotion Authority (“TPA”) and the Trans Pacific Partnership. On May 22, 2015, after another close cloture vote, the TPA bill passed the Senate by a majority vote of 62 to 37 votes. The...more

Patent box concept emerges on the tax reform agenda for US Congress

Key tax writers in Congress are indicating that once Congress disposes of pending trade legislation, they will turn to their top legislative priority: reaching a consensus on international and business reform by the end of...more

OFAC Issues Guidance Regarding the Parameters of Authorized Travel Between the U.S. and Cuba

On May 5, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued guidance regarding travel between the United States and Cuba. In particular, the guidance clarifies that companies authorized to...more

Gaming Legal News: Volume 8, Number 11

BEYOND THE SLOT MACHINE: NEW BILL DIRECTS NEVADA’S GAMING REGULATORS TO CRAFT REGULATIONS TO ALLOW “HYBRID” GAMES - Nevada is the world’s preeminent gaming destination. Not by chance, but by being a leader in gaming...more

Congress Revives the Generalized System of Preferences and Makes Benefits Retroactive to August 1, 2013 but Requires Affirmative...

Amid the often rancorous debate on the Trans Pacific Partnership and the Trade Promotion Authority enabling legislation, both the House and the Senate last week found a common ground in addressing legislation related to the...more

The U.S. Crude Oil Export Ban: An Outdated Relic Of The Past

The ban on the export of domestic crude oil dates back to a time when members of Congress did not have computers and Richard Nixon was president. Much has changed in the past 40 years. Today, that antiquated law is severely...more

European Commission Launches Reform of EU Policy-Making Process

The European Commission’s new Better Regulation Agenda creates new opportunities for industry involvement in influencing draft legislation and strengthens the role of business and civil society in the preparation and review...more

Africa Update - May 2015 #3

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub - Saharan Africa - General Africa News - Excerpt...more

Top Antitrust Enforcers Respond to Congressional Questioning

Federal Trade Commission (FTC) Chairwoman Edith Ramirez and Assistant Attorney General William Baer testified before the House Committee on the Judiciary’s Subcommittee on Regulatory Reform, Commercial and Antitrust Law on...more

Trade Promotion Authority Bill Advances

The Trade Promotion Authority (TPA) legislation to facilitate the consideration of trade agreements such as the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) continues to be...more

The House Joins the Senate Finance Committee in Proposing FIRPTA Reform

FIRPTA real estate tax reform continues its momentum with the recent release of bill text for H.R. 2128, the latest House bill introduced by Kevin Brady (R-Texas) and J Crowley (D-NY). In connection with the filing of the...more

Locke Lord QuickStudy: Tax Code Amendments Proposed to Facilitate Foreign Investment in REITs and U.S. Commercial Properties

On April 30, 2015, Representatives Kevin Brady (R-TX) and Joe Crowley (D-NY), both members of the U.S. House Ways & Means Committee, introduced legislation intended to encourage foreign investment in United States real...more

Trade Bills Continue to Forge Ahead to the Finish Line

On May 14, the Senate passed customs reauthorization trade preference legislation and gave an affirmative cloture vote for the Trade Promotion Authority Act and the Trade Adjustment Assistance program. As part of a...more

Energy & Environment Update - May 2015 #2

In This Issue: - Energy and Climate - Congress - Administration - Department of Commerce - Department of Education - Department of State - Department of Treasury -...more

It's Time to End the Crude Oil Export Ban

Sen. Lisa Murkowski (R-AL), the chair of the Senate Energy and Natural Resources Committee, has announced that she will introduce a bill to end the 40-year-old ban on exporting crude oil. The legislation will attract broad...more

Africa Update - May 2015 #2

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub - Saharan Africa - General Africa News - Excerpt...more

Kyiv Corporate Alert (Ukrainian) On Amendments to Some Legislative Acts of Ukraine relating to Investors’ Rights Protection

Президент України підписав закон № 289-VIII...more

Changes in US Sanctions on Cuba Present Opportunities and Challenges

The Obama Administration’s recent loosening of trade restrictions on Cuba has the potential to open new opportunities for US businesses. However, there are several obstacles to be overcome before US companies may access...more

FinCrimes Update - April 2015 Summary, Volume 2, Issue 4

IN THIS ISSUE: AML/BSA &OFAC | FCPA & Anti-Corruption | Criminal Enforcement |...more

Kyiv Corporate Alert On Amendments to Some Legislative Acts of Ukraine relating to Investors’ Rights Protection

The President of Ukraine has signed Law No. 289-VIII “On Amendments to Some Legislative Acts of Ukraine relating to Investors’ Rights Protection” (the “Law”) aimed at deregulating the economic activities of joint-stock...more

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