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Nov 8, 2024 | 
jdsupra.com | Zachary Rozen |Marcus Burden |Nancy Fischer |Samantha Franks
Takeaways The Final Rule formalizes a new governmental system to monitor through a notification process and, when necessary, restrict investments in China that may be viewed as a national security risk. The regulations have broad applicability to investments, greenfield projects, joint ventures and other arrangements in the semiconductor, artificial intelligence and quantum computing sectors.
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Sep 18, 2024 | 
jdsupra.com | Stephan Becker |Samantha Franks |Moushami P. Joshi
On September 12, 2024, the Biden Administration announced a number of new trade-related measures related to imports of Chinese-manufactured goods. This announcement comes as the latest action in the Biden Administration’s efforts to reinforce American manufacturing and supply chains.
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Sep 17, 2024 | 
globaltradeandsanctionslaw.com | Stephan Becker |Moushami P. Joshi |Samantha Franks
On September 12, 2024, the Biden Administration announced a number of new trade-related measures related to imports of Chinese-manufactured goods. This announcement comes as the latest action in the Biden Administration’s efforts to reinforce American manufacturing and supply chains.
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Jul 16, 2024 | 
jdsupra.com | Nancy Fischer |Samantha Franks |Barbra Kim
TAKEAWAYS The outbound investment program will affect U.S. persons considering certain investments or other transactions involving China and specific industry sectors (e.g., semiconductors, artificial intelligence and quantum computing). Consistent with prior announcements, it is contemplated that there will be both “prohibited” and “notifiable” covered transactions, the latter of which requires a notice to the Treasury Department within 30 days of closing.
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Jun 6, 2024 | 
globaltradeandsanctionslaw.com | Matthew Rabinowitz |Samantha Franks |Erin Kwiatkowski
On May 28, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to better implement the Biden-Harris Administration’s policy aimed at increasing support for the Cuban people. These amendments enhanced authorizations for internet-based services to promote internet freedom in Cuba, support independent Cuban private sector entrepreneurs, and expand access to financial services.
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May 16, 2024 | 
jdsupra.com | Stephan Becker |Benjamin Cote |Samantha Franks
On May 14, 2024, the U.S. Trade Representative (“USTR”) published the Four-Year Review of Actions Taken in the Section 301 Investigation (“Report”), which addresses the four-year review of China-related tariffs under Section 301 of the Trade Act of 1974, as amended (“Trade Act”) (19 U.S.C. 2411). Our previous alert on the 2018 Section 301 Investigation findings is available here.
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Feb 23, 2024 | 
jdsupra.com | Nancy Fischer |Samantha Franks |Moushami P. Joshi
This past year saw a continued trend in building supply chain resiliency, as this topic has grown increasingly important following Covid-19, the conflict in Ukraine, shifting landscape on tariffs, forced labor concerns and a number of other factors. Increasingly, supply chains are having to respond to policy concerns requiring shifting production away from China, either through onshoring or friend shoring as a means of strengthening US national and economic security interests.
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Feb 22, 2024 | 
globaltradeandsanctionslaw.com | Nancy Fischer |Matthew Rabinowitz |Moushami P. Joshi |Samantha Franks
This past year saw a continued trend in building supply chain resiliency, as this topic has grown increasingly important following Covid-19, the conflict in Ukraine, shifting landscape on tariffs, forced labor concerns and a number of other factors. Increasingly, supply chains are having to respond to policy concerns requiring shifting production away from China, either through onshoring or friend shoring as a means of strengthening US national and economic security interests.
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Jan 31, 2024 | 
jdsupra.com | Nancy Fischer |Samantha Franks |Erin Kwiatkowski
During 2023 both Congress and the Biden Administration repeatedly expressed the need to secure critical supply chains, particularly batteries that rely heavily on lithium and critical minerals sourced from China. Concerns have been framed in terms of national security focusing on the danger of relying too heavily on products integral to our defense or economy or human rights relating to enforcement of the Uyghur Forced Labor Prevention Act (UFLPA).
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Jan 30, 2024 | 
globaltradeandsanctionslaw.com | Nancy Fischer |Christopher R. Wall |Matthew Rabinowitz |Samantha Franks
During 2023 both Congress and the Biden Administration repeatedly expressed the need to secure critical supply chains, particularly batteries that rely heavily on lithium and critical minerals sourced from China. Concerns have been framed in terms of national security focusing on the danger of relying too heavily on products integral to our defense or economy or human rights relating to enforcement of the Uyghur Forced Labor Prevention Act (UFLPA).
