Trade and Manufacturing Monitor
CFIUS Publishes Final FIRRMA Rules Reflecting Minor Changes and Exceptions to Expanded Jurisdiction
On January 17, the U.S. Treasury Department issued final rules implementing the Foreign Investment Risk Review Modernization Act (“FIRRMA”), which expanded and clarified the jurisdiction of the Committee on Foreign…
Section 232 Duties Expanded to Certain Derivative Articles
On Friday, January 24, 2020, President Trump issued a proclamation expanding duties imposed on steel and aluminum articles pursuant to Section 232 of the Trade Expansion Act, commonly referred to as “Section 232…
What's In the "Phase One" Agreement with China and What Comes Next?
On January 15, 2019, President Trump and Chinese Vice Premier Liu He signed the long-awaited “phase one” trade deal at the White House. The deal represents the first step towards a comprehensive agreement between the…
Some Tariffs Reduced and Deadline Looming for Tariff Exclusion Requests
On October 18, 2019, the United States Trade Representative (USTR) announced an exclusion process for products included on China Section 301 List 4A, which covers approximately $120 billion of imports. Imported…
New primary and secondary sanctions on Iranian construction, mining, manufacturing, metals and textile industries
Today the president signed a new Executive Order (E.O.) announcing expanded primary and secondary sanctions on Iran, focused on the construction, mining, manufacturing, and textile industries. OFAC also sanctioned a…