On October 17, President Trump issued a proclamation, “Adjusting Imports of Medium- and Heavy-Duty Vehicles, Medium- and Heavy- Duty Vehicle Parts, and Buses into the United States” (the Proclamation), under Section 232 of...more
10/23/2025
/ Customs and Border Protection ,
Heavy Equipment ,
Industrial Sector ,
National Security ,
Section 232 ,
Tariffs ,
Trucking Industry ,
Trump Administration ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
On September 19, the U.S. Department of Justice (DOJ) announced a False Claims Act (FCA) settlement with a New Jersey shipyard that allegedly hired subcontractors employing undocumented workers. The recent settlement...more
10/15/2025
/ Corporate Counsel ,
Department of Homeland Security (DHS) ,
Department of Justice (DOJ) ,
E-Verify ,
Employer Liability Issues ,
False Claims Act (FCA) ,
Federal Contractors ,
Foreign Workers ,
Form I-9 ,
Hiring & Firing ,
Immigrants ,
Immigration and Customs Enforcement (ICE) ,
Immigration Enforcement ,
Inspections ,
Raids ,
Subcontractors ,
Trump Administration ,
Warrants ,
Whistleblowers
On September 29, the White House issued a proclamation (Proclamation) invoking Section 232 of the Trade Expansion Act (Act) to impose tariffs on certain imports of timber, lumber, and derivative wood products into the United...more
10/8/2025
/ Ad Valorem Tax ,
Construction Project ,
Goods or Services ,
Imports ,
Material Suppliers ,
National Security ,
Presidential Proclamations ,
Real Estate Development ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
U.S. Commerce Department ,
Unfair or Deceptive Trade Practices ,
US Trade Policies
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) recently implemented the long-anticipated 50% ownership standard (or Affiliates Rule) to extend the licensing requirements under the Export...more
10/6/2025
/ Affiliates ,
Bureau of Industry and Security (BIS) ,
CFIUS ,
Due Diligence ,
Economic Sanctions ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Entities ,
License Applications ,
Military End Use ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
U.S. Commerce Department
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has launched a Section 232 national security investigation into imports of personal protective equipment (PPE), medical consumables, and medical...more
10/1/2025
/ Bureau of Industry and Security (BIS) ,
Healthcare ,
Medical Devices ,
National Security ,
Personal Protective Equipment ,
Pharmaceutical Industry ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
U.S. Commerce Department ,
US Trade Policies
On September 4, President Donald Trump signed the executive order “Implementing the United States-Japan Agreement” (the Agreement), which clarifies the bilateral trade agreement framework announced on July 23....more
10/1/2025
/ Critical Infrastructure Sectors ,
Customs and Border Protection ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
Japan ,
Motor Vehicles ,
Section 232 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
On August 29, 2025, the U.S. Court of Appeals for the Federal Circuit affirmed a ruling by the U.S. Court of International Trade, holding that President Trump overstepped the authority provided by Congress under the...more
9/3/2025
/ Appeals ,
Canada ,
China ,
Constitutional Challenges ,
Foreign Policy ,
Foreign Relations ,
International Emergency Economic Powers Act (IEEPA) ,
Mexico ,
SCOTUS ,
Tariffs ,
Trump Administration ,
US Trade Policies
On August 28, 2025, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) published a rule relaxing certain restrictions on Syria under the Export Administration Regulations (EAR). But unlike the much broader...more
9/3/2025
/ Bureau of Industry and Security (BIS) ,
Commerce Control List ,
ECCNs ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
Foreign Relations ,
Imports ,
Licensing Rules ,
New Guidance ,
New Rules ,
Regulatory Reform ,
State Sponsors of Terrorism ,
Syria ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies
The release of the “America First” investment policy memorandum on Feb. 21 was a glimpse into the Trump administration’s approach to foreign investment oversight, particularly for the Committee on Foreign Investment in the...more
8/28/2025
/ America First Trade Policy ,
Brownfield Properties ,
CFIUS ,
FIRRMA ,
Foreign Investment ,
Greenfield Projects ,
National Security ,
New Regulations ,
Real Estate Development ,
Real Estate Investments ,
Real Estate Transactions ,
Regulatory Oversight ,
Trump Administration
On August 6, the Committee on Foreign Investment in the U.S. (CFIUS) released the unclassified version of its Annual Report to Congress for Calendar Year (CY) 2024 (Report), depicting trends in the number of filings through...more
“Secondary tariffs” strike again, with India now squarely in the crosshairs of the latest U.S. trade action. On August 6, President Trump issued an executive order “Addressing Threats to the United States by the Government of...more
8/8/2025
/ Ad Valorem Tax ,
Economic Sanctions ,
Effective Date ,
Executive Orders ,
Foreign Policy ,
Goods or Services ,
Imports ,
India ,
International Emergency Economic Powers Act (IEEPA) ,
Oil & Gas ,
Regulatory Reform ,
Russia ,
Tariffs ,
Trump Administration ,
US Trade Policies
On May 27, the Federal Communications Commission (FCC) opened two rulemaking proceedings aimed at foreign involvement in U.S. communications networks, particularly by countries identified as foreign adversaries, such as China...more
7/21/2025
/ China ,
Critical Infrastructure Sectors ,
Entity List ,
FCC ,
Foreign Adversaries ,
Foreign Investment ,
Foreign Ownership ,
Military End Use ,
National Security ,
NPRM ,
Popular ,
Regulatory Requirements ,
Reporting Requirements ,
Telecommunications
On July 7, 2025, President Trump signed an executive order (the Order) once again extending the temporary suspension of reciprocal tariffs that were originally set forth in his April 2 “Liberation Day” Executive Order 14257...more
7/10/2025
/ Executive Orders ,
Foreign Policy ,
Foreign Trade Regulations ,
Imports ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trade Agreements ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On Feb. 20, the U.S. Securities and Exchange Commission announced the creation of the Cyber and Emerging Technologies Unit, which will replace the Enforcement Division’s previous Crypto Assets and Cyber Unit.
Originally...more
6/23/2025
/ Cryptocurrency ,
Cybersecurity ,
Disclosure Requirements ,
Emerging Technologies ,
Enforcement Actions ,
Financial Institutions ,
FinTech ,
Guidance Update ,
Investment ,
Regulatory Oversight ,
Regulatory Reform ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
On June 12, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed a civil penalty of approximately $216 million on GVA Capital Ltd., a venture capital firm based in San Francisco, for...more
6/17/2025
/ Civil Monetary Penalty ,
Corporate Counsel ,
Economic Sanctions ,
Enforcement Actions ,
Financial Crimes ,
Financial Institutions ,
Investment ,
Investment Funds ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanction Violations ,
Subpoenas ,
Venture Capital
On May 28, the U.S. Court of International Trade ruled that the tariffs imposed by President Trump under the International Emergency Economic Powers Act (IEEPA) were unlawful. In the case of V.O.S. v. United States, the court...more
6/13/2025
/ Aluminum Sales ,
Appeals ,
Constitutional Challenges ,
Critical Infrastructure Sectors ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Judicial Authority ,
Mexico ,
Real Estate Development ,
Section 301 ,
Statutory Interpretation ,
Steel Industry ,
Tariffs ,
Taxation ,
Trump Administration ,
US Trade Policies
We are pleased to share with you our latest publication, “Navigating Change: First 100 Days under the Trump Administration,” authored by our Digital Assets + Blockchain team. This retrospective examines the pivotal...more
5/29/2025
/ Blockchain ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
FinTech ,
Government Agencies ,
Investment Opportunities ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Requirements ,
Securities Regulation ,
Trump Administration
On May 8, the Treasury Department announced a plan to introduce a new Known Investor portal as a key component of the “fast-track” process for investments by U.S. allies and partners under review by the Committee on Foreign...more
The Treasury Department has taken initial steps to implement the Trump administration’s “total elimination” policy directed at certain drug trafficking cartels. Most recently, on May 1, Treasury’s Financial Crimes Enforcement...more
5/9/2025
/ Border Security ,
Cartels ,
Crude Oil ,
Economic Sanctions ,
Financial Crimes ,
FinCEN ,
Foreign Trade Regulations ,
Mexico ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Popular ,
Smuggling ,
Terrorist Acts
On April 29, President Trump issued a new proclamation, “Amendments to Adjusting Imports of Automobiles and Automobile Parts into the United States,” modifying Proclamation 10908 “Adjusting Imports of Automobiles and...more
5/1/2025
/ Automotive Industry ,
Critical Infrastructure Sectors ,
Customs and Border Protection ,
Executive Orders ,
Imports ,
Manufacturers ,
Motor Vehicles ,
OEM ,
Regulatory Reform ,
Supply Chain ,
Tariffs ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies
On April 11, the White House released a Presidential Memorandum, “Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended,” which exempts a list of semiconductors and electronics from reciprocal...more
4/16/2025
/ Cell Phones ,
China ,
Critical Infrastructure Sectors ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
Imports ,
Innovative Technology ,
Regulatory Reform ,
Semiconductors ,
Suppliers ,
Supply Chain ,
Tariffs ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies ,
Wireless Technology
President Trump signed a new executive order, “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment” (the Order) on April 9, marking yet another significant shift in U.S. trade policy. The...more
4/14/2025
/ China ,
Executive Orders ,
Exports ,
Foreign Policy ,
Foreign Relations ,
Imports ,
Retaliatory Tariffs ,
Tariffs ,
Trade Relations ,
Trade Wars ,
Trump Administration ,
US Trade Policies
On February 10, President Trump issued Proclamations 10896, “Adjusting Imports of Steel Into the United States” and 10895 “Adjusting Imports of Aluminum Into the United States,” (together, Proclamations), reasserting U.S....more
4/11/2025
/ Aluminum Sales ,
Construction Project ,
Customs and Border Protection ,
Foreign Trade Zones ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
Infrastructure ,
Section 232 ,
Steel Industry ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
US Trade Policies
On March 26, President Trump issued Proclamation 10908, “Adjusting Imports of Automobiles and Automobile Parts Into the United States” (Proclamation), imposing a 25% additional tariff on imports of passenger vehicles, light...more
4/9/2025
/ Automotive Industry ,
Canada ,
Executive Orders ,
Foreign Trade Regulations ,
Foreign Trade Zones ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
Infrastructure ,
Japan ,
Mexico ,
Motor Vehicles ,
National Security ,
Popular ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
On April 2, President Trump declared “Liberation Day” and unveiled a series of sweeping tariff measures aimed at addressing trade imbalances and foreign trade practices while boosting domestic manufacturing. Marking the...more
4/8/2025
/ Canada ,
China ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
Goods or Services ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Popular ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies