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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

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

CBP Proposes to Modify the De Minimis Exemption

U.S. Customs and Border Protection (CBP), under the U.S. Department of Homeland Security, published a Notice of Proposed Rulemaking on Jan. 21, 2025 (Jan. 21 NPRM), narrowing the scope of the administrative exemption under...more

U.S. Supreme Court Upholds TikTok Sale-or-Ban Law

In a much-anticipated decision, the U.S. Supreme Court on Jan. 17, 2025, rejected TikTok's appeal and upheld the Protecting Americans from Foreign Adversary Controlled Applications Act (Act). The act, which was signed into...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

BIS Amended the EAR to Treat Hong Kong the Same as China

The U.S. Department of Commerce Bureau of Industry and Security (BIS) on Dec. 23, 2020, amended the Export Administration Regulations (EAR) to remove Hong Kong as a separate destination listed in the EAR....more

Trump Administration Examines U.S. Universities' Partnerships with Chinese Entities

Amid the Trump Administration's plan to reduce China's access to U.S. intellectual property, the federal government is imposing tighter scrutiny over U.S. universities' research partnerships with Chinese entities. The move is...more

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