On June 2, the Office of the US Trade Representative (USTR) announced that it would be initiating new Section 301 investigations examining digital services taxes (DSTs) adopted or under consideration by Austria, Brazil, the Czech Republic, the European Union, India, Indonesia, Italy, Spain, Turkey and the United Kingdom. USTR is requesting comments to inform their … Continue Reading
On Friday, May 29, President Trump announced several actions related to China and Hong Kong. The President’s delivered remarks and what was left unsaid were equally instructive. While we are still waiting on details for some of these actions, below is an overview of the President’s announcement.… Continue Reading
A new Interim Final Rule (New Rule) issued by the US Department of Commerce’s Bureau of Industry and Security (BIS), which amended the Export Administration Regulations (EAR) (15 CFR Parts 730-774) by expanding the direct product rule as applied to certain organizations on the entity list took effect on May 15, 2020. The New Rule, … Continue Reading
The security of the bulk-power system has long been an issue of deep concern in the US. On May 1, 2020, President Trump issued an Executive Order (EO) on Securing the United States Bulk-Power System. The EO created uncertainty and peril for US power companies.… Continue Reading
On April 28, 2020, the US Department of Commerce’s Bureau of Industry and Security (BIS) published in the Federal Register a Final Rule amending the Export Administration Regulations (EAR) (15 CFR, subchapter C, parts 730-774) by removing License Exception Civil End Users (CIV) (§ 740.5), which authorized the unlicensed export, reexport, and transfer (in-country) of … Continue Reading
On April 28, 2020, the US Department of Commerce’s Bureau of Industry and Security (BIS) published in the Federal Register a Final Rule amending the Export Administration Regulations (EAR), 15 CFR parts 730-774. This new rule critically expands the licensing requirements for exports, reexports and transfers (in-country) of items subject to the EAR in three … Continue Reading
Status: Clearance Acquirer: ZF Friedrichshafen AG (Germany) Acquired: WABCO (US) Value: US$7 billion Industry: Automotive UPDATE: On March 24, 2020, WABCO Holdings Inc. and ZF Friedrichshafen AG “announced that they have received all approvals from regulatory authorities required to close their previously announced merger . . . .” (Press Release, WABCO Holdings Inc., Form 8-K, … Continue Reading
Status: Clearance Acquirer: Citiking International US LLC (China) Acquired: One Aviation Corporation (US) Value: US$198.8 million debt value Industry: Aerospace… Continue Reading
This post is being published for The Trade Practitioner as part of a content partnership with our Global Supply Chain Law Blog. The impact of the COVID-19 pandemic on the global economy needs not restating. The saying “desperate times call for desperate measures” fits the current environment well. Governments throughout the world have instituted or are considering … Continue Reading
On March 11, 2020, President Trump announced via a nationally televised address that effective from 11:59 p.m. EDT, March 13, 2020, he would suspend or limit travel into the US from foreign nationals who have recently been in certain European countries in an effort to curtail the person-to-person transmission of the COVID-19 coronavirus in the … Continue Reading
Protection of the Defense Industrial Base (DIB) from the growing panoply of cybersecurity threats has been a consistent point of emphasis for senior Department of Defense (DOD) officials during the Trump Administration. The DOD took a significant step toward addressing that concern on January 31, 2020 with the release of Version 1.0 of the Cybersecurity … Continue Reading
Join us along with the Greater Phoenix Economic Council for a substantive discussion on hot-button issues in international trade and policy that will directly impact Arizona businesses across a range of industries. This discussion will feature Ludmilla L. Kasulke, who is an experienced trade lawyer based in our Washington DC office. Topics will include an … Continue Reading
On Tuesday, January 7, 2020, the Senate Finance Committee approved the US-Mexico-Canada Agreement (USMCA) by a vote of 25-3. The markup of President Trump’s replacement to the North American Free Trade Agreement (NAFTA) provided several surprises, at least from a traditional trade policy perspective. … Continue Reading
