International Trade Elections & Politics

Read need-to-know updates, commentary, and analysis on International Trade issues written by leading professionals.
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Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days

As we reported last month, quick-strike action by the Senate on May 22 to pass Trade Promotion Authority (TPA) included within the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (the Trade Act of...more

Canada Expands Sanctions on Russia and the Crimea Region of the Ukraine

On Monday, June 29, 2015, the Canadian government expanded its economic sanctions against Russia and the Crimea region of the Ukraine. Three additional individuals and 14 entities were added to the list under the Special...more

Carbon Matters - Summer 2015

In This Issue: - The EU ETS and the Market Stability Reserve - Deadline Approaching for the Completion of ESOS Assessments - The EU Commission Proposals for the Roadmap to the Paris COPMOP - Fracking...more

Reauthorization of GSP may allow refund of two years of import duties

On June 29, 2015, almost two years after it was allowed to lapse, President Obama renewed the Generalized System of Preferences (GSP) trade program. GSP allows duty-free imports into the United States of qualifying goods from...more

Bienvenidos a Habana

And so it begins. After more than 50 years of icy relations, Jeffrey DeLaurentis (a U.S. diplomat at the U.S. Interests Section in Havana) delivered a note from President Barak Obama to Cuban President Raul Castro restoring...more

Tax Policy Update

The top estate tax rate under Democratic presidential candidate Bernie Sanders’ proposal to tax the wealthiest Americans and narrow income inequality in the U.S. The proposal splits the estate tax into four brackets...more

Energy & Environment Update - June 2015 #5

In This Issue: - Energy and Climate - Congress - Administration - Department of Energy - Department of Interior - Department of State - Department of Transportation -...more

June Legislative Update

The legislative trade agenda continued to move forward over the past several weeks with the enactment of important legislation resulting in a key victory for President Obama. After a temporary setback in the House,...more

U.S. Antidumping and Countervailing Duty Laws Accompany Trade Preferences Extension Act

The Trade Preferences Extension Act of 2015, which has now passed both houses of Congress and awaits signature by President Obama, contains some significant rule changes and codifications of contested practice with respect to...more

Congress, WTO Turn Up the Heat on COOL

Recent House Action - Lost amidst the debate over Trade Promotion Authority, Trade Adjustment Assistance, and the Trans-Pacific Partnership Agreement, the House recently voted 300-131 to pass H.R. 2393, the Country of...more

Comprehensive U.S. Trade Legislation Finally Arrives—An Overview of its Key Components

While most of the Congressional trade debate has centered around whether to renew Trade Promotion Authority (so-called “fast track” authority) and the merits of the Trans-Pacific Partnership, the full package of trade...more

EU Extends Current Sanctions Against Russia and Crimea

Signaling increased tensions with Russia regarding its alleged intervention in eastern Ukraine, the European Union on June 19 and 22, 2015, took action extending sanctions targeting Russia and Crimea, including measures that...more

Russia and Ukraine Sanctions - One Year On

The spring and summer of 2014 saw the United States and European Union impose a range of sanctions relating to Ukraine and Russia in response to the series of events leading to the fall of the Yanukovyich government in...more

Alert: Brexit – How It Might Pan Out

The Government's European Union Referendum Bill was introduced into the House of Commons and had its first reading on 28 May 2015. Its second reading debate took place on 9 June 2015; and it was considered in Committee on 16...more

New Update June 25, 2015 US China Trade War — TAA Passes House– Heavy Lift of TPP Negotiations Continue

On June 25, 2015, the House of Representatives passed the African Growth and Opportunity Act (“AGO”) by a vote of 286 to 138, which includes Trade Adjustment Assistance (“TAA”), and the bill, has been sent to President Obama....more

The War Against Cyber Threats: President Obama Ups the Ante

Focusing on overseas cyber threats, President Obama issued an Executive Order on April 1, 2015, which grants authorization to impose sanctions on individuals and entities engaged "in malicious cyber-enabled activities that...more

Congress Sends Fast-Track Trade Authority Bill to the President, Invigorating Trans-Pacific Partnership Negotiations

After several weeks of legislative wrangling, congressional leaders will send a bill to President Obama this week to give him fast-track authority to negotiate a trade deal that will potentially govern 40 percent of U.S....more

Congress Still Debating Fast Track Trade Authority for Trans-Pacific Partnership Negotiations

Congressional leaders are working to find a way to pass legislation that would give President Obama fast-track authority to negotiate a trade deal that will potentially govern 40 percent of U.S. imports and exports. The Trade...more

EU continues sanctions against Russia and Crimea into 2016

On 19 June 2015, the EU Council decided to extend until 23 June 2016 the EU sanctions against Crimea/Sevastopol imposed in June 2014 in response to the annexation of Crimea and Sevastopol. On 22 June 2015, the EU...more

Extension of sanctions on Yemen, Iraq and the Central African Republic: What your firm needs to know

The UK Government has recently extended United Nations (UN) and European Union (EU) sanctions relating to Yemen, Iraq and the Central African Republic to the British Overseas Territories. - Yemen (Sanctions) (Overseas...more

Tax Policy Update

NUMBER OF THE WEEK: $3 Trillion. The projected addition to the federal deficit over 10 years if Republican presidential hopeful Rand Paul’s flat-tax proposal went into effect, according to a Tax Foundation analysis of the...more

24 Months Through the Crystal Ball: Emerging Trends in State and Local Taxation (Part II)

This is the second of two articles guiding taxpayers through the next 24 months of state taxation’s turbulent waters. In this article, we address three additional significant trends. Corporate Income Taxation: Heat and...more

Africa Update - June 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 from Leading the...more

Changes to Sanctions on Iran

What are the prospects for business with Iran after the June 30 deadline to complete negotiations over Iran’s nuclear program? In exchange for limitations on Iran’s ability to develop nuclear weapons, the European Union...more

Greek Financial Crisis – What Next?

Greece is facing a severe liquidity crunch with a rapid deterioration in the Government's cash position. This is evidenced by the Greek Government's recent request for wider public sector entities and local authorities to...more

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