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Elections & Politics International Trade

Read need-to-know updates, commentary, and analysis on Elections & Politics issues written by leading professionals.

MHRA confirms UK stance in Brexit update to pharma industry

by Hogan Lovells on

The UK Medicines and Healthcare products Regulatory Agency (MHRA) has published an update to pharmaceutical companies in the UK on the status of the Brexit negotiations and confirmed the UK's wish for there to be a transition...more

Trade Watch: What We Learned in 2017 and What It Means for Business

by Baker Donelson on

Baker Donelson's Trade and Compliance attorneys introduced a trade watch series in 2017 that addressed how trade and compliance matters in the new Administration could affect your business, as well as how you can prepare your...more

Disposition of a Partnership Interest Now Subject to Tax Withholding

by K&L Gates LLP on

The new Tax Cut and Jobs Act of 2017 (the “Act”) contains a provision that is of great importance to any persons buying or selling an interest in a partnership. New Section 864(c)(8) of the U.S. Internal Revenue Code (the...more

Border Searches of Electronic Devices

Earlier this month, MSK attorneys David Rugendorf and Frida Glucoft published an Alert summarizing the latest directive issued by Customs and Border Protection (CBP) regarding the search of electronic devices. A copy of their...more

Currents - Energy Industry Insights - January 2018 - Issue 3

Northeast Could be Second U.S. Petrochemical Hub - "'While the region with its ample and reliable supply of ethane is primed for the emergence as a second major petrochemical manufacturing hub in the United States, it...more

Brexit: Impact of 'No Deal' on Manufacturers and Importers

by Dechert LLP on

The European Commission has issued a Notice drawing attention to the legal ramifications of Brexit for industrial products placed on the EU-27 market in the event of no alternative arrangements being agreed for a transition...more

Temporary Fix: President Trump Extends The Iran Nuclear Deal

by Fox Rothschild LLP on

On January 12, 2018, President Trump issued a statement announcing that he will approve certain sanctions waivers necessary in order to preserve the Iran nuclear deal. At the same time, he called on the U.S.’s European allies...more

Trump Waives Secondary Sanctions on Iran, But Vows Not to do so Again Without Changes to the JCPOA

by Kelley Drye & Warren LLP on

Last week the President begrudgingly extended waivers continuing to lift U.S. “secondary sanctions” on Iran. But the President also insisted that he will not issue further extensions without a renegotiation of certain...more

Trump Administration: 2017 Recap and 2018 Outlook

On January 20, 2017, businessman Donald J. Trump was sworn in as the 45th President of the United States following a contentious and unconventional 2016 presidential election. Republicans also successfully maintained control...more

International Tax Reform Is Here

by Alston & Bird on

The Tax Cuts and Jobs Act, signed into law on December 22, 2017, represents the biggest change to U.S. tax law since adoption of the 1986 Code. In addition to rate cuts and various individual and corporate reforms, the Act...more

President Trump Temporarily Extends Iran Nuclear Deal

by Husch Blackwell LLP on

President Donald Trump has announced that he will approve certain sanctions waivers necessary in order to preserve the Iran nuclear deal (JCPOA). In an official statement, the President indicated that this is the last such...more

LNG Exports/PURPA Modernization: January 19th U.S. House of Representatives Energy Subcommittee Hearing Scheduled

The United States House of Representatives Energy Subcommittee of the House Energy and Commerce Committee has scheduled a January 19th hearing entitled “Legislation Addressing LNG Exports and PURPA Modernization.”...more

Commerce Submits Steel Section 232 Report to the President

by Husch Blackwell LLP on

On Thursday, January 11, the U.S. Department of Commerce formally submitted to the President the results of its investigation into the effect of steel mill product imports on U.S. National Security. The President now has 90...more

NAFTA Renegotiations and Agriculture

by Cozen O'Connor on

On January 8, 2018, President Donald Trump spoke at the American Farm Bureau Federation’s annual conference. During his speech, President Trump said his administration is working on negotiating a good deal for farmers in the...more

Eurasia Group’s Top Risks 2018: Impacts for Canadian Business

by Bennett Jones LLP on

The Eurasia Group has released its annual forecast of the political risks that are most likely to play out over the course of 2018. As a Senior Advisor with Eurasia Group, I’m pleased to share the risks that have the greatest...more

Wrap-Up of Federal and State Chemical Regulatory Developments, January 2018

by Bergeson & Campbell, P.C. on

TSCA/FIFRA/TRI - Lynn L. Bergeson, “Resetting The TSCA Inventory: Why This Is Important,” Environmental Quality Management, Volume 27, Issue 1, Fall 2017: On August 11, 2017, the U.S. Environmental Protection Agency (EPA)...more

How will Brexit impact UK and EU influence over international economic regulation?

by Hogan Lovells on

With the EU and the UK having made "sufficient progress" on the terms of the UK's withdrawal from the EU during phase one of the Brexit negotiations, attention has shifted to the framework for the future relationship between...more

Obscure Provision of New Tax Act Complicates Testamentary Tax Planning for Nonresidents with U.S. Beneficiaries

by Charles (Chuck) Rubin on

Nonresidents with a significant portfolio of U.S. stocks typically use a non-U.S. corporation to hold their portfolio. This is because U.S. stocks are generally subject to U.S. estate taxes at the death of their owner, and...more

Status of the Iran Nuclear Deal and New Sanctions Designations

On January 12, 2018, President Trump issued a statement on the status of the Joint Comprehensive Plan of Action (“Iran nuclear deal”) and the Office of Foreign Assets Control designated 14 individuals and entities in...more

Currents - Energy Industry Insights - January 2018 - Issue 2

Ohio Supreme Court Joins Texas and Oklahoma in Holding the State Does Not Recognize a Separate Implied Covenant to Explore Further - "We conclude that Ohio does not recognize an 'implied covenant to explore further'...more

Global Connection - January 2018

by Snell & Wilmer on

Dear Friend of Snell & Wilmer: The past year brought significant changes across a variety of political, legal, and policy spheres, and the world of U.S. international trade law was no exception. This edition of the...more

Tough NAFTA Negotiations Continue

by Bennett Jones LLP on

In October, at the fourth round of the NAFTA renegotiations in Washington, several U.S. proposals caused major problems for both Canada and Mexico—and many interested parties in the United States... Originally published...more

EU and UK Sanctions and Export Controls Update – Winter 2017

by K&L Gates LLP on

The EU and UK sanctions regimes have seen significant change during the last few months. Discussions are ongoing regarding the UK's plans for its post-Brexit sanctions policy but uncertainty and division dominates the...more

U.S. Targets Human Rights Abusers and Corrupt Actors Worldwide – Key Takeaways from the Potent New Sanctions

On December 20, 2017, President Trump issued Executive Order 13818 (the “E.O.”) implementing provisions of the Global Magnitsky Human Rights Accountability Act (“Global Magnitsky Act”) (enacted into law in December 2016),...more

Tax Reform and Investment Management: Certain International Provisions

by K&L Gates LLP on

In addition to the very significant changes to the domestic provisions of the Internal Revenue Code (the “Code”), the Tax Cut and Jobs Act (the “Act”) made very significant changes to the taxation of foreign income of U.S....more

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