Trade and Manufacturing Monitor
USTR Announces Section 301 Exclusion Process for List 4A Products
On October 18, the United States Trade Representative announced an exclusion process for products included on China Section 301 List 4A, which covers $300 billion of imports. Imported products on this list are…
U.S. Extends General License No. 2 Authorizing Transactions with Certain Belarusian Companies
On October 22, 2019, the Office of Foreign Assets Control (OFAC) issued General License No. 2G authorizing U.S. persons to engage in transactions involving nine companies: Belarusian Oil Trade House, Belneftekhim,…
U.S. Extends General License No. 8, Authorizing Dealings with Certain U.S. JVs in Venezuela
Yesterday, the Office of Foreign Assets Control (OFAC) issued General License No. 8D, authorizing U.S. persons to engage in transactions and activities involving Petroleos de Venezuela, S.A. (PdVSA) that are…
China Requests $2.4 Billion in Relief After WTO Ruling Against United States
Late last week, China filed a request with the World Trade Organization (WTO) Dispute Settlement Body (DSB) for authorization to “suspend concessions and related obligations” in the amount of $2.4 billion as recourse…
BIS tightens Cuba restrictions, lowers de minimis threshold to 10 percent
Today, the U.S. Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to further tighten restrictions on Cuba. The changes, which are effective immediately, are part of a broader…