The Biden Administration is increasing Section 301 tariffs on a wide range of Chinese imports for “strategic sectors.” Our International Trade & Regulatory Group examines the plan....more
5/24/2024
/ Batteries ,
Biden Administration ,
China ,
Electric Vehicles ,
Imports ,
Manufacturers ,
Section 301 ,
Semiconductors ,
Tariffs ,
Trade Act of 1974 ,
USTR
On April 24, 2024, President Biden signed H.R. 815, otherwise known as the National Security Act of 2024. The bill provides emergency appropriations for Ukraine, Israel, Taiwan, humanitarian purposes in Gaza, and various...more
5/14/2024
/ Biden Administration ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Government Agencies ,
Humanitarian Assistance ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
New Legislation ,
Office of Foreign Assets Control (OFAC) ,
Statute of Limitations ,
TikTok
Proposed changes to how the Committee on Foreign Investment in the United States (CFIUS) can request information and impose civil penalties signal that CFIUS will increasingly focus on compliance and enforcement. Our...more
The United States continues to publish additional export control rules on the semiconductor, advanced computing, and supercomputer industries. Our International Trade & Regulatory Group analyzes the latest export controls...more
The White House announced that President Biden will sign an executive order designed to protect sensitive data of U.S. persons from exploitation by identified countries of concern. This executive order is expected to be...more
The United States continues to raise the guardrails on critical technologies necessary to support the semiconductor, advanced computing, and supercomputer industries. Our International Trade & Regulatory Group analyzes the...more
One year later, Russia’s war against Ukraine shows no signs of abating. Our International Trade & Regulatory Group breaks down the latest U.S. sanctions further restraining Russia’s ability to do business with the rest of the...more
The U.S. effort to further curtail China’s access to critical technologies necessary to support its semiconductor, advanced computing, and supercomputer industries is roiling supply chains and threatening companies’ revenues....more
The UK’s version of the United States’ Committee for Foreign Investment in the United States went into effect January 2022. Our International Trade & Regulatory Group and London competition team summarise key facts,...more
Our Financial Services & Products Group provides background on how Russia defaulted on its eurobonds and discusses the implications for Russian bond and credit default swap positions....more
Welcome to the latest edition of the Spectrum, covering hot-topic issues in the structured finance markets in the U.S. and UK. Guest edited by our London team, this edition focuses on the opportunities that come from stressed...more
7/14/2022
/ Banking Sector ,
Capital Markets ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
Income Share Agreements ,
Lenders ,
Loans ,
Succession Planning
As Russia’s war against Ukraine continues and the United States and its allies announce further sanctions, U.S. companies face more difficulties with compliance and the loss of valuable assets. Our International Trade &...more
Our International Trade & Regulatory Group continues its investigation of the ever-growing sanctions regimes imposed on Russia since its invasion of Ukraine. ...more
The United States and its allies respond to Russia’s invasion of Ukraine with even tougher sanctions against Russia, its leaders, and its leading businesses. Our International Trade & Regulatory Group breaks down the...more
3/1/2022
/ Asset Freeze ,
Australia ,
Belarus ,
Belarus Sanctions ,
Biden Administration ,
Blocked Entities ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Canada ,
ECCNs ,
Economic Sanctions ,
Embargo ,
EU ,
Export Administration Regulations (EAR) ,
Export Controls ,
General Licenses ,
Japan ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Taiwan ,
Ukraine
Our International Trade & Regulatory Group addresses the new U.S. sanctions against Russia announced this week in response to its actions against Ukraine and summarizes the similar packages announced by key U.S. allies....more
2/25/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Canada ,
Crimea ,
Economic Sanctions ,
EU ,
Export Administration Regulations (EAR) ,
Financial Institutions ,
Foreign Policy ,
Germany ,
Japan ,
Military End Use ,
Office of Foreign Assets Control (OFAC) ,
Pipelines ,
Proposed Legislation ,
Russia ,
SDN List ,
Singapore ,
Taiwan ,
Technology ,
UK ,
Ukraine
In this week’s issue, OSHA withdrew its emergency temporary standard (ETS), which required a mandatory vaccination policy for large private employers with an exception for employers that adopt a policy requiring mandatory...more
2/1/2022
/ Biden Administration ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Department of Health and Human Services (HHS) ,
Executive Orders ,
Food and Drug Administration (FDA) ,
Manufacturers ,
Medical Devices ,
Medical Supplies ,
Pharmaceutical Industry ,
Prescription Drugs ,
Public Health Emergency ,
Supply Chain ,
Vaccinations
Just before the New Year holiday, the FDA announced it that was suspending non-mission-critical domestic and foreign inspection activities. The FDA amended the EUA of the Moderna COVID-19 vaccine booster. The Center for Drug...more
Over the holidays, the CDC updated its recommendations for post-exposure quarantining and masking. The FDA authorized the Pfizer vaccine booster dose for adolescents 12–15 years of age and for immunocompromised children 5–11...more
In the past two weeks, the Federal Trade Commission (FTC) has ordered major U.S. companies to provide information on their supply chain issues and solutions. The FDA issued an emergency use authorization (EUA) for a...more
Congress announced a compromise on the Uyghur Forced Labor Prevention Act this week, and the House passed the bill last night. Our International Trade & Regulatory Group details the bill’s enforcement strategy requirements...more
In the past week, Pfizer and BioNTech announced they will request full approval from the FDA for the use of their COVID-19 vaccine in adolescents 12–15 years of age. They also plan to seek authorization of the booster dose in...more
In the past week, the FDA authorized the Pfizer and Moderna booster shots for all adult age groups, while the CDC Advisory Committee on Immunization Practices (ACIP) also recommended the Moderna vaccine booster for all...more
In the past week, the President has selected Dr. Robert Califf to be FDA commissioner. Congress passed the Infrastructure Investment and Jobs Act. New vaccination requirements were issued by OSHA and CMS for certain...more
In the past week, the FDA granted an EUA for the Pfizer-BioNTech vaccine for use in children 5–11 years of age. The agency also participated in the launch of the Bespoke Gene Therapy Consortium. The Administration held a...more
Last week, the FDA authorized the booster doses for both the Moderna and Johnson & Johnson (J&J) COVID-19 vaccines and mix and match booster doses. The FDA also proposed a new rule for over-the-counter (OTC) hearing aids. The...more