In response to Russia's invasion of Ukraine, the Biden Administration has implemented significant sanctions on Russia's financial institutions, state-owned companies, and individuals close to Putin which will restrict U.S....more
2/28/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
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Office of Foreign Assets Control (OFAC) ,
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U.S. Commerce Department
President Joe Biden signed the Uyghur Forced Labor Prevention Act (H.R. 6256) into law on December 23, 2021. The act seeks to ensure that goods produced using forced labor do not enter the United States. U.S. Customs and...more
The Department of Commerce (Commerce) has initiated an investigation under Section 232 of the Trade Expansion Act of 1962 on neodymium-iron-boron permanent magnets (neodymium magnets) to determine the effect of imports on the...more
The Biden Administration announced the re-opening of the tariff exclusion process for Section 301 tariffs on goods from China, pursuant to its new approach to the U.S.-China Trade Relationship. President Biden's Targeted...more