Trade and Manufacturing Monitor
Treasury Issues Proposed Rules on Outbound Investments to China and Solicits Comments
On June 21, 2024, the Treasury Department issued a Notice of Proposed Rulemaking (NPRM) setting out draft rules for regulating certain outbound U.S. investments. The NPRM incorporates feedback received by the Treasury…
Statute of Limitations for Sanctions Violations Increased to Ten Years
On April 24, 2024, the 21 st Century Peace Through Strength Act became law. Although the Act contains many key national security policies, including aid for Ukraine and Israel, one provision that has been overlooked is…
Commerce Initiates Rulemaking Targeting Foreign-Manufactured Technology Used In Connected Vehicles
On Thursday, February 29th,2024, the Department of Commerce (“the Department”) announced an advancenotice of proposed rulemaking (“ANPRM”), seeking public comments regardingnew potential regulations to “secure and…
2nd Anniversary of Ukraine Invasion Brings New Sanctions on Russia
On February 23, 2024, on the 2nd anniversary of Russia’s invasion of Ukraine, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced significant new sanctions, adding nearly 300 Russian and select…
BIS Clarifies Notification and Licensing Requirements for Updated Semiconductor, Advanced Computing Export Controls
On December 29, 2023, the Commerce Department’s Bureau of Industry and Security (BIS) issued Frequently Asked Questions (FAQs) concerning the agency’s recently updated semiconductor and advanced computing export…