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K2 Integrity

Implementation of the Russian Oil Price Cap and Key Compliance Considerations

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As the Russian invasion of Ukraine continues, so too does Russia’s isolation from the West. Member nations of the Group of Seven (G7)—the United States (U.S.), Canada, France, Germany, Italy, Japan, and the United Kingdom...more

White & Case LLP

EU’s 8th sanctions package imposes oil price cap; expands bans on imports, export, and professional services; Asset freeze...

White & Case LLP on

On 6 October 2022, the EU adopted its eighth sanctions package against Russia.1 It includes a ban on the maritime transport to third countries of Russian crude and petroleum oil products, subject to a price cap. It also...more

Opportune LLP

SPR Crude Oil Releases—It’s Complicated

Opportune LLP on

There have been media reports recently that have discussed the disposition of crude oil that is being released from the Strategic Petroleum Reserve (SPR). You may recall that the Biden Administration ordered emergency sales...more

The Volkov Law Group

Responding to Supply Chain Glitches and Increased Bribery Risks

The Volkov Law Group on

The evolution in the global economy is raising challenges for anti-corruption compliance.  In response to economic dislocations and disruptions stemming from the COVID-19 pandemic and Russian invasion of Ukraine, businesses...more

Lowenstein Sandler LLP

Key Business Considerations for U.S. Global Trade Policy

Lowenstein Sandler LLP on

As global trade policy affects supply chains and importing and exporting, companies often have interests on both sides of global trade issues. They want lower costs and efficient labor sources and want to sell their goods and...more

Sheppard Mullin Richter & Hampton LLP

ESG, Global Trade, and Forced Labor: Aligning Compliance with Company Values

Companies are putting forth more effort, thought, commitment, and resources into environmental, social, and corporate governance (ESG) considerations across their business lines. The focus of ESG has primarily centered around...more

Polsinelli

COVID 19 and Supply Chain Contracts

Polsinelli on

Covid-19 has caused serious disruption to manufacturers’ ability to produce products and fill orders on a timely basis, which in turn has impeded the performance of countless supply chains....more

White & Case LLP

The CPTPP Enters into Force: What Does it Mean for Global Trade?

White & Case LLP on

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on December 30, 2018. The Agreement will significantly impact trade among its ratifying Parties—currently including...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

The US and China have resumed trade talks in an effort to cool down an increasingly heated trade war between the economic powerhouses....more

Bracewell LLP

Steel and Aluminum Tariffs: Time to Dust Off the Price Adjustment Clause?

Bracewell LLP on

The continued and controversial imposition of tariffs has not only resulted in global economic and political fallout but has also adversely affected contractual relationships for suppliers, manufacturers, contractors and...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

The rise of tariffs as a trade weapon has put the WTO in a very difficult position as “chief judge in an intense fight among its most powerful members”....more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

OMB official Kathleen Kraninger is likely to face serious questions as she takes to the Hill today to begin confirmation hearings for her surprise nomination to lead the Consumer Financial Protection Bureau. Why? Her lack of...more

Cozen O'Connor

President Trump’s Trade Wars

Cozen O'Connor on

President Trump did not back away from his threat to impose tariffs – 25 percent on steel and 10 percent on aluminum – on several of the U.S.’s allies. Trump announced worldwide steel and aluminum tariffs in March, but...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

An early look at the reaction from allies Canada, Mexico, and the EU to this week’s announcement from the White House that it was moving forward with steel and aluminum tariffs against these US trading partners....more

Cozen O'Connor

US and China Trade Talks Progress

Cozen O'Connor on

A trade war between the U.S. and China has been avoided. Both countries have been threatening each other with tariffs for the past couple months, while many economists and experts worry about an impending trade war. ...more

Gray Reed

Section 232 Investigations: What Steel-Consuming Businesses Need to Know

Gray Reed on

In just the first four months of 2018, among a surge in trade complaints filed by domestic steel manufacturers against foreign rivals (a frequency not seen in over 15 years)...more

Cozen O'Connor

Issues Surround US Tariffs on Steel and Aluminum

Cozen O'Connor on

By May 1, 2018, President Trump needed to decide whether tariffs of 25% on steel and 10% on aluminum imports would go into effect for the EU, Canada, and Mexico. However, Trump pushed back this deadline by 30 days....more

Gray Reed

Is Your Business Impacted by Tariffs?

Gray Reed on

Last month’s back-and-forth between the United States and China resulted in a flurry of proclamations establishing tariffs on imports from the respective countries. We’re here to help boil it down so you know whether your...more

Cozen O'Connor

The Trump Administration’s Steel and Aluminum Tariffs

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On March 1, 2018, President Trump announced new tariffs on steel and aluminum imports, rejecting push back from his own advisers and objections from both Democrats and Republicans. ...more

Hogan Lovells

Potential trade war looms

Hogan Lovells on

As potential trade war looms, nearly 1,300 U.S.-imports may be subject to additional 25 percent tariffs under Section 301. U.S. imports from China potentially subject to additional duties include certain chemicals,...more

Seyfarth Shaw LLP

The President Giveth and The President Taketh Away: Exemptions and Exclusions to the Trump Steel Tariff

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Country-Specific “Exemptions” - Last week Seyfarth Shaw published an alert concerning the 25% global tariff on imported steel articles, which commenced at midnight on March 23, 2018, and which would have applied to the...more

Carlton Fields

Tariff On Imported Steel Will Mean Increased Construction Costs

Carlton Fields on

As you probably know, President Trump recently announced a tariff on steel and aluminum imported into the United States, to take effect March 23. Imports from Canada and Mexico will be exempted from the tariff. Other...more

Seyfarth Shaw LLP

Trump Administration Signals Exemptions To Steel Tariffs Are A Long Shot

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Builders and manufacturers who rely on imported steel as a major input may want to rethink their procurement strategy in light of an executive domestic preference decree issued last week. Under President Trump’s Proclamation...more

Burr & Forman

Proposed Steel and Aluminum Tariffs Poised to Have Big Impact

Burr & Forman on

President Trump recently announced his intent to make good on his campaign promise to impose new, significant tariffs on many imports of steel and aluminum products to the United States. The announcement followed a Department...more

Dickinson Wright

President Trump Announces Steel And Aluminum Tariffs With Exemptions For Canada And Mexico

Dickinson Wright on

President Donald Trump surprised even his own senior staff on March 1 when he announced his intention to impose global tariffs of 25% on steel and 10% on aluminum....more

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