Trade and Manufacturing Monitor
A second RRM dispute settlement panel, and its implications for enforceability across the Biden trade policy
While Ambassador Katherine Tai was testifying before the House Ways and Means Committee this morning – where her testimony focused significantly on the Rapid Response Labor Mechanism (RRM) under the United…
White House Broadens Restrictions on Russia by Authorizing Sanctions on Foreign Financial Institutions and Expanding the Import Ban
On December 22, 2023, President Biden signed Executive Order 14114, titled “Taking Additional Steps With Respect to the Russian Federation's Harmful Activities” (EO 14114), with a focus on holding foreign financial…
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…
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…
U.S. Temporarily Eases Sanctions Against Venezuelan Energy, Gold
On October 18, the Treasury Department’s Office of Foreign Assets Control (OFAC) eased U.S. sanctions on dealings with Venezuela’s gold and oil and gas sectors by issuing and amending several general licenses.…