Yesterday the US Department of Commerce (Commerce) published the most comprehensive revisions to its regulations for enforcing trade remedy laws since the 1990s - the completion of a rulemaking process that started under the...more
On July 23, the Office of the U.S. Trade Representative (“USTR”) announced the conclusion of its investigation under Section 301 of the Trade Act of 1974 (“the Trade Act”) into Vietnam’s practices related to currency...more
7/27/2021
/ Currency Exchange ,
Currency Manipulation ,
Exchange Rates ,
IMF ,
Janet Yellen ,
Joint Statements ,
Section 301 ,
Trade Act of 1974 ,
U.S. Treasury ,
United States-Mexico-Canada Agreement (USMCA) ,
USTR ,
Vietnam
On June 10, the Standing Committee of National People’s Congress of China enacted the Anti-Sanctions Law (ASL) on an accelerated basis after only two rather than the normal three readings and without an opportunity for public...more
On June 8, the Biden Administration released reports on the supply chain reviews directed under Executive Order (E.O.) 14017, “America’s Supply Chains,” detailing key findings and next steps to strengthen the resilience of...more
On June 2, the Office of the U.S. Trade Representative (“USTR”) announced the conclusion of investigations under Section 301 of the Trade Act of 1974 (“the Trade Act”) into digital services taxes (“DSTs”) adopted by Austria,...more
6/4/2021
/ Austria ,
Digital Services ,
Digital Services Tax ,
Government Investigations ,
India ,
Italy ,
Section 301 ,
Spain ,
Trade Act of 1974 ,
Turkey ,
UK ,
USTR
A new rule effective March 22, 2021 establishes a process for the US Department of Commerce to review commercial transactions between US and foreign parties for certain information and communications technology and services...more
3/23/2021
/ Biden Administration ,
China ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Cross-Border ,
Cuba ,
Foreign Adversaries ,
Hong Kong ,
Interim Final Rules (IFR) ,
Iran ,
Licensing Rules ,
National Security ,
North Korea ,
Russia ,
Safe Harbors ,
Supply Chain ,
Technology ,
Telecommunications ,
U.S. Commerce Department ,
Venezuela
On Wednesday, February 24, 2021, President Biden signed an Executive Order (Order) directing a series of reviews of global supply chains - the latest government effort to create more resilient and secure supply chains for...more
2/26/2021
/ Biden Administration ,
Critical Infrastructure Sectors ,
Department of Agriculture ,
Department of Defense (DOD) ,
Department of Energy (DOE) ,
Department of Health and Human Services (HHS) ,
Department of Homeland Security (DHS) ,
Executive Orders ,
Legislative Agendas ,
National Security ,
Public Procurement Policies ,
Semiconductors ,
Supply Chain ,
Technology Sector ,
U.S. Commerce Department ,
US Trade Policies
In a recent alert, we discussed several steps that President-elect Trump may take to shake up US trade policy. In this alert, we discuss one of his priority initiatives: the pledge to renegotiate, or withdraw from, the North...more
President-elect Donald Trump is promising major changes to US trade policy that, if implemented, will significantly impact US and foreign companies that compete in the global market, and that could particularly impact those...more
The Standing Committee of China's National People's Congress (NPC) adopted the country's Cybersecurity Law1 on November 7—the latest in a spate of national security-related measures targeting the ICT industry. Drafts of the...more