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Liberation Day: President Trump Unveils Global, Reciprocal Tariffs – What You Need to Know

President Trump announced new tariffs on April 2, 2025, which he referred to as “reciprocal tariffs,” on almost all imports into the United States. The tariff package will be rolled out in two phases. Tariffs of 10 percent...more

BIS Issues Significant New Round of Semiconductor Export Controls: Six Notable Changes

The U.S. Department of Commerce, Bureau of Industry and Security (“BIS”) recently issued significant new export controls under the Export Administration Regulations (“EAR”) aimed at further restricting semiconductor...more

BIS Proposes Prohibitions on Connected Vehicles with Links to China and Russia: Nine Observations for Companies to Consider

The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”), on September 23, 2024, issued a notice of proposed rulemaking (“NPRM”) to curb national security and privacy risks associated with information and...more

BIS Issues New Export Controls Targeting GAAFET, Quantum, and Additive Manufacturing, and Ushers in New Age of Plurilateral Export...

The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) recently issued an interim final rule (“IFR”) under the Export Administration Regulations (“EAR”) imposing licensing requirements for exports to all...more

Outbound and Down: Key Takeaways from Treasury’s NPRM

The U.S. Department of the Treasury (“Treasury”) recently issued a Notice of Proposed Rulemaking (“NPRM”), setting the stage for regulation of certain U.S. outbound investment in China and China-linked companies. This NPRM is...more

President Biden Signs into Law Ten-Year Statute of Limitations for Sanctions Violations and Other National Security Measures

President Biden last month signed into law H.R. 815 (“National Security Supplemental” or “NSS”). The NSS—a package of national security and foreign aid appropriations, including for efforts in Israel, Ukraine, and the...more

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