Trade and Manufacturing Monitor
The U.S. sanctions Russian trolls and threatens future measures against Russian officials and oligarchs
Yesterday, the U.S. Office of Foreign Assets Control (OFAC) blacklisted 14 new Russian individuals and the Internet Research Agency as Specially Designated Nationals (SDNs) for their role interfering with the 2016 U.S.…
Gil Kaplan Confirmed as Undersecretary of Commerce for International Trade
Yesterday evening, the Senate confirmed Gilbert Kaplan to serve as Undersecretary of Commerce for International Trade, after his April 2017 nomination and September 2017 confirmation hearing. In this position, Mr.…
New North Korea Sanctions Regulations Become Effective Today
The Office of Foreign Assets Control (OFAC)’s new North Korea Sanctions Regulations become effective today. In addition to making certain technical and conforming changes, the newly updated Part 510 incorporates recent…
Will the U.S. Re-Join the (CP)TPP?
On February 21, the final version of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”) was released ahead of its official signing, which is scheduled for March 8, 2018. The CPTPP…
Global Trade Flows Are Expanding, But Is There a Reason for Optimism?
Last Friday, the CPB Netherlands Bureau for Economic Policy Analysis, as part of its World Trade Monitor, reported that global trade flows – the volume of export and imports of goods – was 4.5% higher in 2017 than in…