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Commerce Seeks Comment in New Section 232 Investigations Covering Imports of Commercial Aircraft and Jet Engines and their Parts

On May 9, the U.S. Department of Commerce (Commerce) released an advanced notice soliciting public comments on an investigation into the national security impacts of imported commercial aircraft and jet engines, and parts for...more

Wiley's 2025 Key Trade Developments Series: CFIUS Review and Outbound Investments [Video]

As national security priorities increasingly shape U.S. investment policy, recent actions—including the Biden Administration’s outbound investment program and the “America First Investment Policy” memorandum—mark a notable...more

Commerce Initiates New Section 232s on Critical Minerals and Medium/Heavy Trucks

On April 23, the U.S. Department of Commerce (Commerce) announced its initiation of investigations into the national security effects of imports of critical minerals and medium/heavy trucks, parts for such goods, and their...more

Trump Announces Section 232 Investigation Into Imports of Critical Minerals and Derivative Products

On April 15, 2025, the Trump Administration issued an Executive Order (EO) directing the Secretary of Commerce to initiate an investigation under Section 232 of the Trade Expansion Act of 1962 (Section 232), to determine...more

Commerce Seeks Comment in New National Security Investigations Covering Pharmaceutical and Semiconductor Imports

On April 14, 2025, the U.S. Department of Commerce (Commerce) released draft Federal Register notices soliciting public comments in two previously unannounced investigations into the national security impacts of imported...more

President Trump Announces “America First Investment Policy” to Promote Investments from Allies and Enhance Restrictions on China

On February 21, 2025, President Trump signed a National Security Presidential Memorandum (NSPM) announcing an “America First Investment Policy” focused on promoting foreign investment in the United States from allies and...more

New 10% Tariffs on Chinese Goods Take Effect; Canada and Mexico Tariffs Postponed 30 Days by Trump Administration

President Trump signed three Executive Orders imposing additional duties on goods from Canada, Mexico, and China, pursuant to the International Emergency Economic Powers Act (IEEPA). According to a White House fact sheet, the...more

[Webinar] Trump Era: Trade, Tariffs, National Security, and Market Impact - January 23rd, 12:00 pm - 1:00 pm EST

As the second Trump Administration officially takes office, significant shifts in international trade and national security policies are already imminent. This webcast will explore the administration’s priorities, anticipated...more

CFIUS Annual Report For 2023 Highlights Increasing Focus on Compliance and Enforcement Despite Reduction in Cases

The Committee on Foreign Investment in the United States (CFIUS or the Committee) recently released the public version of its Annual Report to Congress for the calendar year 2023. The report shows an increasing emphasis on...more

Treasury Proposes Expanding CFIUS Jurisdiction Over Real Estate Transactions Near Military Sites

On July 8, the U.S. Department of the Treasury (Treasury) issued a Notice of Proposed Rulemaking (NPRM) that would expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to review...more

Ask a CFIUS Expert: Is Crypto Spying on Us? [Audio]

In this episode of the CryptoCounsel at Wiley, Josh talks with guest Nova Daly, a former U.S. national security official, to delve into the complexities of crypto regulation and international investment. They explore a...more

President Biden Forces Divestment of Chinese-Owned MineOne Cryptocurrency Mining Facility Near F.E. Warren AFB

On May 13, 2024, President Biden took the rare step of issuing a Presidential decision ordering the divestment of Chinese-owned real estate located near the Francis E. Warren Air Force Base (Warren AFB) in Wyoming and the...more

Treasury Proposes Stronger CFIUS Penalties, Broader Subpoena and Enforcement Powers

The U.S. Department of the Treasury (Treasury), which chairs the Committee on Foreign Investment in the United States (CFIUS or the Committee), recently published a Notice of Proposed Rulemaking (NPRM) that would amend the...more

Wiley's 10 Key Trade Developments: Outbound Investments and CFIUS Review [Video]

Outbound foreign investments by U.S.-based companies in sensitive technologies may impact foreign companies from operating in the U.S. or doing business with U.S. companies. Mandatory filing requirements and high-profile...more

Commerce Considers Regulating Connected Vehicles to Protect Against Foreign Adversaries

On March 1, 2024, at the direction of President Biden, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published an Advanced Notice of Proposed Rulemaking (ANPRM) seeking public comment on the proposed...more

GAO Study Highlights Shortcomings in USDA Land Deal Information Sharing with CFIUS

On January 18, 2024, the U.S. Government Accountability Office (GAO) released a public report that found the U.S. Department of Agriculture (USDA) does not share timely data on foreign investments in agricultural land with...more

CFIUS Releases 2022 Annual Report as Congress Considers Expanding CFIUS Jurisdiction

The Committee on Foreign Investment in the United States (CFIUS or the Committee) recently released the public version of its Annual Report to Congress for calendar year 2022. The report shows that the volume of CFIUS filings...more

Biden Administration Issues Executive Order and Proposals Targeting Outbound Investment in China

After much anticipation, on August 9, 2023, the Biden Administration released an Executive Order (E.O.) outlining how the U.S. Government will begin to regulate U.S. investments in the People’s Republic of China. This E.O.,...more

Treasury Proposes Expanding CFIUS Jurisdiction Over Land Deals Near Military Installations

On Friday, May 5, 2023, the U.S. Department of the Treasury (Treasury) published a proposed rule that would expand the list of military installations subject to the jurisdiction of the Committee on Foreign Investment in the...more

Treasury, Commerce Issue Reports to Congress Outlining Proposed Outbound Investment Initiative

In accordance with the Consolidated Appropriations Act, 2023 (Public Law 117-328), the U.S. Treasury and Commerce Departments recently issued reports to Congress outlining the contours of a proposed outbound investment review...more

Outbound Investment Initiative Appears in Omnibus Government Funding Package

On December 29, 2022, President Biden signed into law an omnibus government spending package, which includes explanatory statements regarding outbound investment initiatives. According to media reports and official statements...more

New Executive Order Directs CFIUS to Consider Additional National Security Factors in Evaluating Covered Transactions

On September 15, 2022, President Biden signed an executive order (EO) that reaffirms longstanding U.S. open investment policy and elaborates and expands on the existing list of statutory factors that the Committee on Foreign...more

America COMPETES Act Would Stand Up a Committee to Review Certain Outbound Investment and Offshoring Transactions

On February 4, 2022, the House of Representatives passed the America COMPETES Act of 2022, which is the House’s long-awaited counterpart to the U.S. Innovation and Competition Act (USICA) that passed the Senate with...more

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