On April 11, 2024, the Committee on Foreign Investment in the United States (CFIUS), a multi-agency committee administered by the U.S. Treasury Department, released a proposed rule (“Proposed Rule”) to amend the CFIUS regulations.[1] The Proposed Rule seeks “to enhance the Committee’s identification and resolution of national security risks” by expanding the scope of information … Continue Reading
A recent decision by the US International Trade Commission (ITC) indicates that foreign-based companies should not overlook the ITC when considering where to enforce their patents.… Continue Reading
According to a US International Trade Commission (USITC) notice published on August 4, 2017, the USITC has determined to remand an initial enforcement decision issued by an administrative law judge (ALJ) in the enforcement proceeding in Certain Network Devices, Related Software, and Components Thereof, Inv. No. 337-TA-944. The decision by USITC could instigate additional rulings … Continue Reading
The Latest: ALJ finds no violation in beverage capsules enforcement proceeding; recommends temporary rescission of remedial orders based on US District Court judgment of non-infringement… Continue Reading
Likely Major Policy Developments President-Elect Trump will enter the White House facing a dramatic decline in global trade growth. A recent World Trade Organization (WTO) report notes that 2016 marks the slowest pace of trade and output growth since the 2008 financial crisis. WTO Director-General Roberto Azevêdo called slowing trade growth “a wake-up call,” … Continue Reading
The U.S. Congress is in recess until after the 8 November elections. JASTA – Congress Overturns the Veto. Both chambers of Congress voted last week to override President Obama’s veto of the Justice Against Sponsors of Terrorism Act (JASTA; S. 2040), marking the first time lawmakers have successfully overridden a veto during his eight years … Continue Reading
The European Union (EU) State aid rules have received much attention recently in the context of the tax probes into Apple, Google and other multinationals. They are as old as the European Union but typically stand in the shadow of the other competition rules that apply directly to companies. Nonetheless, and leaving aside the major … Continue Reading
Global Steel Crisis Examined. U.S. Trade Representative Michael Froman and Commerce Secretary Penny Pritzker co-chaired a two-day hearing last week on the global steel crisis, where U.S. lawmakers called for a better way to prevent foreign suppliers from flooding the U.S. market with subsidized steel. While chairing the first day, Ambassador Froman stated that the … Continue Reading
In a bid to bring the UK in line with the US Treasury Department’s Office of Foreign Assets Control (OFAC), the UK government has proposed a significant increase in the effectiveness of sanction enforcement powers. Legislation was put before parliament in February in the form of the Policing and Crime Bill. The new legislation would increase the available prison … Continue Reading
Trade Practitioner will co-lead a practical interactive workshop on How to Meet Increasingly Complex Valuation Challenges on January 20, 2016, preceding American Conference Institute’s 10th Advanced Forum on Import Compliance & Enforcement. Chris’ session aims to make sense of and provide guidance on a range of Customs valuation issues that import compliance professionals encounter on a daily basis. For … Continue Reading