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United States

Supply Chain Market Pulse: Looking For A Steady State

AlixPartners

The major news story affecting supply chains this month is the impact of the collapse of the Francis Scott Key Bridge in Baltimore.

White House Announces Further Section 301 Tariff Hikes On Chinese Goods

Diaz Trade Law

Today the White House announced sweeping new tariffs on Chinese goods. The tariffs will apply to a range of sectors including semiconductors, steel and aluminum, batteries, and medical products.

Developments In U.S. International Trade Laws Since The Start Of 2023 And What To Expect For The Rest Of 2024

Foley Hoag LLP

Throughout 2023 and early 2024, we continue to witness deepening geopolitical and economic divides globally. The U.S. and its allies (most significantly the EU and the G7)...

Guidance To Foreign Companies On Export Controls And Sanctions: Departments Of Commerce, Treasury, And Justice Issue Tri-Seal Compliance Note On Foreign Based Persons' Obligations To Comply With U.S. Sanctions And Export Control Laws

Sheppard Mullin Richter & Hampton

On Wednesday, March 6, 2024, the Department of Commerce, Department of the Treasury and Department of Justice issued another Tri-seal Compliance Note, focusing this time on the obligations of foreign based persons complying...

The Month In International Trade – April 2024

Crowell & Moring LLP

Practitioner Perspectives on Proposed AUKUS ITAR Amendments from Australia, the UK, and the United States

Navigating OFAC Sanctions Risks In The Digital Realm: IP Addresses And Effective Controls

Ankura Consulting Group LLC

In today's digital landscape, sanctions enforcement has become a critical concern for Financial Institutions (FIs). The borderless nature of cyberspace can make it difficult to monitor and regulate activities...

Chancery Orders LLC's Dissolution As Sanction

Morris James LLP

The Court of Chancery has broad power to address litigation misconduct. This sanctions order arose out of litigation concerning a loan to a start-up Delaware LLC in the medical research field.

U.S. Renews Additional Sanctions On Venezuelan Oil And Gas Sector

Lewis Brisbois Bisgaard & Smith LLP

On April 17, 2024, the U.S. government renewed sanctions on the Venezuelan oil and gas sector, following a determination by the U.S. State Department that the Maduro Government...

Statute Of Limitations For Sanctions Violations Increased To Ten Years

Kelley Drye & Warren LLP

On April 24, 2024, the 21st Century Peace Through Strength Act became law. Although the Act contains many key national security policies...

Say SoL Long To Short Limits: Doubling Down On The Sanctions Statute Of Limitations

Sheppard Mullin Richter & Hampton

Effective April 24, the statute of limitations ("SoL") under the International Emergency Economic Powers Act ("IEEPA") and the Trading with the Enemy Act ("TWEA") has been extended...

State Department Aims To Streamline Export Controls For Future Collaboration Among The United States, United Kingdom, And Australia

K&L Gates

On 1 May 2024, the US State Department's Directorate of Defense Trade Controls (DDTC) issued a proposed rule to amend the International Traffic in Arms Regulations (ITAR) to support the goals of the trilateral security partnership among Australia, the United Kingdom, and the United States.

USITC Commissioner Series: What Divides The International Trade Commission?

Axinn Veltrop & Harkrider

At the International Trade Commission, a panel of up to six Commissioners is the gatekeeper of Section 337. Before the termination of any investigation...

What Every Multinational Company Should Know About … Antiboycott Regulations

Foley & Lardner

During the mid-1970's, the U.S. adopted two laws that seek to counteract the participation of U.S. citizens in other nations' economic boycotts or embargoes.

Worldwide

Congress Extends Statute Of Limitations For Sanctions Violations; Introduces New Sanctions

Cassidy Levy Kent

On April 24, 2024, President Biden signed H.R. 815 into law, enacting long-awaited Congressional action on the provision of aid to Ukraine, Israel, and Taiwan.

Global Trade Talks – Expanded U.S. Sanctions And Export Control Authorities Included In The Ukraine, Israel, And Taiwan Aid Bills (Podcast)

Crowell & Moring LLP

In this session, hosts and International Trade Practice Leaders Nicole Simonian and Dj Wolff talk with Crowell lawyers Jeremy Iloulian and Laurel Saito about the significant new sanctions...

DDTC Proposes ITAR Changes For Australia And The United Kingdom

Akin Gump Strauss Hauer & Feld LLP

An exemption from licensing requirements for ITAR-controlled defense trade by and among Australia, the U.K., and the U.S., but with eight limitations.

The Possibility Of A New Trump Trade Era

Torres Trade Law, PLLC

Former President Trump, as the presumptive Republican nominee, is in pursuit of his second presidential term. But what does this mean for the international trade community? Trump has provided a few...

AUKUS At Last — Commerce And State Announce Rules To Reduce U.S. Export Barriers For Australia And The UK

Arnold & Porter

On April 30, 2024, the U.S. Department of State, Directorate of Defense Trade Controls (DDTC) announced a proposal to amend the International Traffic in Arms Regulations...

The End Of The World Order And The Rise Of Trade Regulation

Sheppard Mullin Richter & Hampton

Author and futurist Peter Zeihan recently asserted that President Joe Biden has presided over "the most protectionist administration the United States...

E(U)xterritoriality Of EU Sanctions: The No Russia Clause

Sheppard Mullin Richter & Hampton

As a general rule, EU regulations do not apply extraterritorially. This policy is a bit pointed, intended to stand in sharp contradistinction to the U.S. sanctions regulations...

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