Trade and Manufacturing Monitor
Senators Baldwin and Cassidy Introduce Resilient Communities Act to Aid Communities Harmed By Unfair Trade
On December 6, 2023, Senator Tammy Baldwin (D-WI) and Senator Bill Cassidy (R-LA) introduced a bill titled the Resilient Communities Act to support communities in the United States that have been negatively affected by…
FLETF Adds Textile, Agriculture and Technology Companies to the UFLPA Entity List
On December 8, 2023, the Department of Homeland Security (“DHS”) announced the Forced Labor Enforcement Task Force is adding three new entities to the Uyghur Forced Labor Prevention Act (“UFLPA”) Entity List. The…
House 90-Day Review Report Calls for “Win-At-All-Costs” Approach to Preventing PRC Access to Critical U.S. Technology
On December 7, 2023, the U.S. House of Representative’s Foreign Affairs Committee (House Committee) released a 90-day report (the Report) on the Commerce Department’s Bureau of Industry and Security (BIS). The report…
Senators Call For Stricter Enforcement of Textile Industry in Neighboring Countries
On November 13, 2023, a bipartisan group of U.S. senators [1] published a letter to Acting Commissioner Troy Miller of U.S. Customs and Border Protection (“CBP”) calling for an increase in CBP enforcement activity…
Treasury Department Announces Largest Settlement in History and Severe Penalties Against Binance
On November 21, 2023, the Treasury Department, through the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC), announced unprecedented actions against Binance Holdings Ltd.…