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Trade Watch: What We Learned in 2017 and What It Means for Business

Baker Donelson's Trade and Compliance attorneys introduced a trade watch series in 2017 that addressed how trade and compliance matters in the new Administration could affect your business, as well as how you can prepare your...more

New Sanctions Imposed For Human Rights Abuses and Corruption – a Harbinger For Business in 2018?

On December 21, the U.S. Treasury Department announced the implementation of a new global sanctions regime under the Magnitsky Human Rights Accountability Act (the “Global Magnitsky Act”). President Trump issued an Executive...more

Iran Sanctions Update: No Change for Companies as Pressure Shifts Back to President Trump as Key Deadline Passes

On December 12, a key deadline passed for Congress to reimpose nuclear-related sanctions against Tehran, shifting the pressure back to the executive branch and setting new deadlines that will be critical to the fate of the...more

Best Practices for Compliance with North Korea OFAC Sanctions

As we discussed further at length, the U.S. and nations around the world have recently sought to implement and impose harsh economic sanctions programs against North Korea to pressure Pyongyang into ceasing its development...more

Sweeping Implications for CFIUS Reform: Bipartisan FIRRMA Legislation Gains Traction

As President Trump met with Chinese President Xi Jinping on November 9 at the Great Hall of the People in Beijing, he surprised many by giving China "great credit" for "taking advantage of" the United States on key...more

Cuba Policy Shift Stalls as Businesses Await OFAC Implementation

On June 16, 2017, President Trump issued a National Security Presidential Memorandum on Strengthening the Policy of the United States Toward Cuba. The Memorandum outlined a framework for agencies such as the Treasury...more

Iran Speech Shifts Pressure to Congress, But Changes Little for U.S. Businesses

President Trump’s October 13 speech denounced Iran’s “fanatical regime” as a “menace,” and threatened to terminate the 2015 Iran nuclear deal negotiated by Barack Obama and formally known as the Joint Comprehensive Plan of...more

As “Significant Conceptual Gaps” Persist, NAFTA Talks Extended to 2018

On October 17, 2017, trade representatives from the United States, Canada, and Mexico wrapped up the fourth round of negotiations concerning the North American Free-Trade Agreement (NAFTA) in Washington D.C. The latest round...more

Your Foreign Business Partners Must Choose – Do Business with the U.S. or North Korea

On Thursday September 21st, President Trump signed Executive Order 13810 Imposing Additional Sanctions with Respect to North Korea (” the E.O.” or “E.O. 13810”). E.O. 13810 significantly expands the U.S. Treasury...more

President Trump Blocks Foreign Acquisition by Chinese Firm: Isolated Case or Harbinger of Increased CFIUS Scrutiny?

On September 13, President Trump blocked the $1.3 billion acquisition of U.S. microchip manufacturer Lattice Semiconductor Corp. ("Lattice") by Chinese private equity firm Canyon Bridge Capital Partners Inc. ("Canyon...more

New Sanctions Law: Congress Seeks to Limit President Trump’s Ability to Modify U.S. Policy Toward Russia

On August 2nd, President Trump signed into law the “Countering America’s Adversaries Through Sanctions Act” (H.R. 3364), which gives the President the power to solely waive or terminate sanctions against Russia if Congress...more

Update on NAFTA Negotiations

Baker Donelson's Trade and Compliance attorneys are pleased to introduce a quarterly series of client alerts that address how trade and compliance matters in the new Administration could affect your business, as well as how...more

Should Businesses Worry About Changes To Recent Trade Programs?

Wow. Trade issues had barely been addressed during the Obama Administration. Now in the last 6 months there has been a flurry of government activity. We have seen: 1. Continual increase in restricted parties added under...more

Treasury Department Issues FAQ on Impact of Cuba Policy Shift

On June 16, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a press release answering 12 "Frequently Asked Questions" ahead of President Trump's announcement of a revised U.S. policy...more

Businesses Invited to Comment on NAFTA Renegotiation by June 12

The Trump Administration has recently notified Congress of its intent to renegotiate the North American Free Trade Agreement (NAFTA). To assist the U.S. Trade Representative (USTR) as it develops negotiating objectives, the...more

What Is The New U.S.-China Trade Deal and How Will It Affect Exporters?

On May 12, Wilbur Ross, the U.S. Commerce Secretary, announced that the U.S. and China have reached a new trade deal with four components that are supposed to boost U.S. exports and close America’s trade gap with China. The...more

Trump Administration Stays the Course on Practical Export/Import Regulatory Reforms

The Trump Administration has implemented regulatory changes to continue its predecessors’ decade-long efforts to streamline requirements for exporters and importers. One such project, dubbed the International Trade Data...more

5/19/2017  /  Exports , Imports , Trump Administration

How Should Businesses Prepare for the Second 100 Days of the Trump Administration?

Baker Donelson's Trade and Compliance attorneys are pleased to introduce a quarterly series of client alerts that address how trade and compliance matters in the new Administration could affect your business, as well as how...more

What Exporters Need to Know For the Next 100 Days– (Sorry It Is Longer Than Usual but It Is a Quick Read)

We are 100 days into the Trump Administration and the question is not what did President Trump promise and what did he do, the question is how should business prepare for the future? Let’s begin with a “State of the...more

New ITAR Rules Possible: DDTC Rulemaking Unaffected By Trump Executive Order Limiting New Regulations

The Deputy Assistant Secretary of State for Defense Trade Controls made clear last week that the State Department’s Directorate for Defense Trade Controls (DDTC), which is responsible for the International Traffic in Arms...more

President Trump’s Trade Policy Released

President Trump’s trade policy was released today. Comments will be forthcoming....more

Trump’s Trade Policy–Not as Protectionist as You May Think

I was fortunate enough to be on a panel last week with four foreign government representatives to discuss trade. The meeting was informative and I thought I would share my take-aways. My conclusion is that Trump’s trade...more

Iran and Russia Sanctions Programs Under a Trump Administration–What to Expect

In the final weeks of December, President Obama amended sanctions to both the Iran and Russia programs. These changes further relaxed sanctions on Iran while they tightened sanctions on Russia. Yet, just three days from the...more

Trade Watch – Understanding U.S. Trade Policy in the New Trump Administration

Baker Donelson's Trade and Compliance attorneys are pleased to introduce a quarterly series of client alerts that address how trade and compliance matters in the new administration could affect your business, as well as how...more

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