Below is a summary of some of the measures identified in the Policy, and some suggestions for what foreign and domestic investors should be considering as this goes into effect....more
The breaking tariff news continues — this time with a focus on steel and aluminum imports. On Monday, February 10, 2025, President Trump issued an executive order expanding his 2018 Section 232 national security tariffs...more
Deferral of Tariffs on Imports From Canada and Mexico -
The previously announced tariffs against goods from Canada and Mexico have been paused for one month, with both Canada and Mexico agreeing to take, respectively,...more
Treasury’s final rule implementing its outbound investment regime went into effect on January 2, 2025. The final rule implemented Executive Order (E.O.) 14105 of August 9, 2023, which declared a national emergency to address...more
On January 13, 2025, BIS issued an interim rule amending the EAR to, among other things, impose a new control on certain advanced AI model weights for certain advanced closed-weight dual-use AI models, and revise controls on...more
Background -
On December 2, 2024, BIS announced two new rules under the EAR targeting the PRC’s ability to produce “advanced-node” semiconductors, including advanced-node integrated circuits (ICs), which can be used in...more