On August 5, 2019, President Trump signed a new Venezuela-related Executive Order (EO), which imposes additional sanctions on the government of Venezuela. … Continue Reading
On August 1, 2019, President Trump tweeted that the US will impose a 10% tariff on approximately US$300 billion worth of products from China (“List 4”) beginning on September 1. This will be in addition to Section 301 tariffs already imposed on US$250 billion worth of Chinese products. … Continue Reading
Status: Clearance Acquirer: Wieland-Werke AG (Germany) Acquired: Global Brass and Copper Holdings, Inc. (US) Value: US$965 million Industry: Metals… Continue Reading
On June 13, 2019, the US Treasury Department’s Office of Foreign Assets Control (OFAC) announced settlements with three travel companies – Expedia Group, Inc. (Expedia), Hotelbeds USA, Inc. (Hotelbeds USA) and Cubasphere Inc. (Cubasphere) – for their alleged involvement in booking travel to Cuba or arranging trips for Cuban nationals between 2011 and 2014.… Continue Reading
George Grammas’s presentation on “Strengthening Trade Compliance in Line with Recent Legislative Developments and Impacts to Controls via an Examination of Extraterritorial Applications, Order of Review, and Classification” is now available in our Learning Center, in which you can also find other training resources and information.… Continue Reading
Status: Clearance Acquirer: Edwards Vacuum LLC (US); Atlas Copco AB (Sweden) Acquired: Semiconductor cryogenics business of Brooks Automation, Inc. (US) Value: US$675 million Industry: Industrial Products and Services… Continue Reading
On May 28, 2019, Huawei Technologies Co., Ltd., a Chinese telecommunications company, and its US-based affiliate, Huawei Technologies USA, Inc. (collectively “Huawei”), filed a Motion for Summary Judgment. (See Plaintiffs’ Motion for Summary Judgment, Huawei Technologies USA, Inc. et al v. United States of America, et al, No. 4-19-cv-159-ALM (E.D. Tex. filed May 28, 2019) … Continue Reading
By now, avid watchers can agree that Prime Minister May’s resignation will further complicate the already-complex Brexit landscape. Her tenure in office had been looking increasingly challenged for some time. The immediate trigger for her resignation was her final attempt to get her Brexit deal done, which included the offer of the possibility of a … Continue Reading
Russian Counter-sanctions: Bill Introduced to Criminalize Dissemination of Information That May Result in Introduction or Expansion of Sanctions Against Russian Persons Following our recent webinar, our Moscow Team prepared an analysis of a draft Russian legislation that would prohibit media communications that reveal non-compliance with sanctions or facilitate imposition of sanctions and would also impose criminal … Continue Reading
Since taking office in January 2017, President Trump has made use of several provisions of US law – including Section 301, targeting unfair trade practices, and Section 232, targeting threats to national security – to bring trading partners to the negotiating table. Major developments over the last two weeks could impact global supply chains across a wide range … Continue Reading
On May 22, 2019, the US Department of Commerce, Bureau of Industry and Security (BIS) is expected to publish in the Federal Register a Final Rule creating a 90-day Temporary General License (TGL) for Huawei Technologies Co., Ltd. (Huawei) and the 68 affiliated Huawei entities (collectively, the “Huawei Listed Companies”) that were added to the … Continue Reading
On May 2, the Trump Administration ceased waiving Title III of the Helms-Burton Act, thus allowing US individuals and companies to file lawsuits against companies that are operating in Cuba and “trafficking” in (meaning, using or profiting from) property in Cuba which was confiscated from them by the government of Cuba. (For additional details, read our earlier publication.) The … Continue Reading
On May 15, 2019, President Donald Trump issued an Executive Order (EO) titled “Securing the Information and Communications Technology and Services Supply Chain.” The long-awaited EO addresses the use in US communications networks of technologies from certain types of foreign companies.… Continue Reading
