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United States

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.

U.S. Agencies Highlight That Sanctions And Export Controls Apply To Non-U.S. Companies And Individuals In Latest Tri-Seal Compliance Note

Curtis Mallet-Prevost Colt & Mosle

On March 6, 2024, the U.S. Departments of Commerce, Treasury, and Justice issued a Tri-Seal Compliance Note ("Note") warning non-U.S. persons of the risks of violating U.S. sanctions and export control laws.

U.S. Tightens Sanctions On Russia, Now Targeting Companies Based In China

Crowell & Moring LLP

On Wednesday, May 1, 2024, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that it issued new sanctions on nearly 200 entities...

Balancing Safety And Sanctions: Understanding The Houthi's New Vessel Permit Requirement

Curtis Mallet-Prevost Colt & Mosle

Amid escalating tensions across the Middle East, the Houthis have expanded their operational scope, with recent attacks on vessels in the Red Sea and Gulf of Aden.

Fighting Low-Priced Import Competition: Strategies To Increase Profitability Using U.S. Trade Remedy Laws (Podcast)

Buchanan Ingersoll & Rooney PC

Through the use of antidumping investigations, Buchanan's international trade attorneys have obtained relief for U.S. producers against unfairly priced imports across a full range...

OFSI Issues FAQs For UK Financial Sanctions

Greenberg Traurig, LLP

On 1 May 2024, the UK's Office of Financial Sanctions Implementation (OFSI) released "UK Financial Sanctions FAQs," described as a new form of "additional guidance"...

Commerce Announces New Restrictions On Firearms Exports, Ends Commercial Firearms Exports To 36 Countries And Revokes Existing Licenses

Wiley Rein

On April 25, 2024, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) announced in a press release that it will publish an interim final rule ..

Compliance Obligations For Non-US Companies – A Focus Of US Agencies

Steptoe LLP

David Stetson authored an article that appeared in Export Compliance Manager titled "Compliance Obligations for Non-US Companies – A focus of US Agencies."

Congress Extends Statute Of Limitations For Sanctions And Certain Other National Security Programs From 5 To 10 Years And Introduces New Sanctions

Akin Gump Strauss Hauer & Feld LLP

https://www.akingump.com/en/insights/alerts/congress-extends-statute-of-limitations-for-sanctions-and-certain-other-national-security-programs-from-5-to-10-years-and-introduces-new-sanctions ...

USITC Announces Comment And Hearing Schedule For USMCA Automotive Rules Of Origin Report

Wiley Rein

The U.S. International Trade Commission (USITC) is inviting interested parties to comment on the US-Mexico-Canada Agreement's (USMCA) automotive rules of origin.

Aid And Sanctions: Ukraine, Israel, And Taiwan Aid Bill Expands U.S. Sanctions And Export Control Authorities

Crowell & Moring LLP

The expansion of the Iran Foreign Direct Product Rule means non-U.S. persons dealing with Iran must continue to consider whether their non-U.S. products are derived from U.S.-origin technology or software.

DDTC Publishes Proposed ITAR Amendments To Enhance AUKUS Defense Trade

Crowell & Moring LLP

On May 1, 2024, the Department of State's Directorate of Defense Trade Controls (DDTC) published a proposed rule that, if implemented, would streamline defense trade between and among Australia...

Worldwide

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...

The United States And The United Kingdom Issue New Prohibitions On Metal Imports To Russia

Curtis Mallet-Prevost Colt & Mosle

In late 2023 and early 2024, G7 Leaders stated their intent to reduce Russia's revenues from trading metals.

Logistically Speaking - Hot Sheet Week 18

Dunavant

The Federal Reserve recently affirmed its stance on maintaining rates at current levels, signaling concerns about inflation while hinting at a prolonged period of elevated interest rates.

Beyond Territorial Reach: Transnational Subsidies And The Evolving Landscape

Lakshmikumaran & Sridharan

China's state-driven economic model and its extensive use of subsidies have raised concerns about its compliance with World Trade Organization (‘WTO')...

US Congress Extends Statute Of Limitations For Sanctions And Export Controls

Mayer Brown

On April 24, 2024, President Biden signed into law H.R. 815, the National Security Supplemental (the "Act").1 While much of the focus centered on the foreign aid package for Israel...

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