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Trump Administration Initiates Section 232 Investigation into Pharmaceuticals

The U.S. Department of Commerce announced that it has initiated a Trade Expansion Act of 1962 Section 232 investigation to determine whether imports of pharmaceutical products and ingredients pose a national security risk to...more

China's Comprehensive Retaliation Against U.S. Tariffs

China on April 4, 2025, announced a third and significantly escalated round of retaliatory measures in response to the United States' latest tariff action. This follows President Donald Trump's Executive Order (EO) 14257...more

Trump Plans to Create a U.S. Sovereign Wealth Fund and Suggests Potential TikTok Acquisition

President Donald Trump signed an Executive Order (EO) on Feb. 3, 2025, directing the Treasury and Commerce secretaries to submit a comprehensive plan within 90 days for the creation of the United States' first Sovereign...more

An Overview of IEEPA Duties on Canada, Mexico and China

President Donald Trump on Feb. 1, 2025, issued three executive orders (Tariff EOs) imposing additional duties on Canada, Mexico and China pursuant to the International Emergency Economic Powers Act (collectively, IEEPA...more

President Trump's Executive Order Halts TikTok Ban

President Donald Trump on Jan. 20, 2025, signed an Executive Order (E.O.), Application of Protecting Americans from Foreign Adversary Controlled Applications to TikTok, halting the recently issued ban on the TikTok app (Act)...more

Outbound Investment Screening Rule Goes into Effect

The U.S. Department of the Treasury's Final Rule on outbound investment screening went into effect on Jan. 2, 2025. The Final Rule establishes a much-awaited outbound investment screening regime, implementing Executive Order...more

Biden Signs Executive Order to Protect Personal Data from Foreign Adversaries

The U.S. government's efforts to secure sensitive personal data against foreign adversaries, primarily with an eye toward China, continue. On June 9, 2021, President Joe Biden signed the Executive Order on Protecting...more

U.S. Removes Xiaomi from List of Banned Chinese Companies

The U.S. government officially removed Chinese smartphone maker Xiaomi Corp. from its blacklist, ending the Trump-era ban prohibiting Americans from investing in the company. In their joint filing in the U.S. District Court...more

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