On May 21, 2020, the Department of the Treasury published in the Federal Register a proposed rule to modify certain regulations of the Committee on Foreign Investment in the United States (CFIUS) pursuant to the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). While the CFIUS notification process remains largely a voluntary process with
2020
Commerce Seeks Comments on the Product Exclusion Process for Section 232 Steel and Aluminum Tariffs
The Department of Commerce has issued a Federal Register notice seeking public comment on (1) the appropriateness of the information its Bureau of Industry and Security (BIS) requested and considered in applying the Section 232 exclusion criteria to product exclusion requests, and (2) the efficiency and transparency of the product exclusion process itself. This request…
Commerce Requests Public Comment on Section 232 National Security Investigation Concerning Imports of Mobile Cranes
On May 26, 2020, the Department of Commerce’s Bureau of Industry and Security (BIS) published a Federal Register notice seeking public comment, data analyses, and other relevant information concerning the Department of Commerce’s May 6 initiation of a national security investigation into the impact of imports of mobile cranes pursuant to Section 232 of the…
USTR Issues Additional China Section 301 Tariff Exclusions for List/Tranche 3 Products
The Office of the U.S. Trade Representative (USTR) has issued a Federal Register notice exempting Section 301 import tariffs for certain List 3 products from China (imports from China with an annual trade value of $200 billion). The exemptions cover 17 ten-digit Harmonized Tariff System (HTS) subheadings and 61 specially prepared product descriptions, which cover…
Updated Country Guide: Government Measures in Response to COVID-19
In collaboration with our foreign law firm partners, we continue to update our chart of COVID-19 measures taken by governments around the world. The government measures in the chart include economic measures, labor and employment measures, health and safety measures, and export and import measures.
View/download the Country Guide: Government Measures in Response to COVID-19…
Commerce Issues Interim Final Rule Addressing Foreign-Produced Direct Products and Specifically Targets Huawei Technologies Co., Ltd.
The Department of Commerce’s Bureau of Industry and Security (BIS) has issued an Interim Final Rule amending General Prohibition Three, also known as the foreign-produced direct product reexport rule, so that this General Prohibition applies to certain additional foreign-made items destined for certain persons designated with a new footnote on BIS’ Entity List. Specifically, this…
Commerce Requests Public Comment on Section 232 National Security Investigation Concerning Imports Related to Electrical Transformers for Bulk-Power System Grid
On May 19, 2020, the Department of Commerce’s Bureau of Industry and Security (BIS) published a Federal Register notice seeking public comment, data analyses, and other relevant information pertaining to Commerce’s May 11 initiation of a national security investigation into imports of certain components for incorporation into transformers, electrical transformers and transformer regulators pursuant to…
FEMA Holding Industry Meeting Thursday, May 21 to Address Production and Distribution of Critical Health and Medical Supplies
The Federal Emergency Management Agency (FEMA) has announced that it will convene a virtual meeting via teleconference and web conference on Thursday, May 21, 2020 from 2:00 to 3:30 p.m. to discuss the terms of a voluntary agreement with industry aimed at “maximizing the effectiveness of the distribution of critical medical resources nationwide to respond…
Commerce to Further Restrict Huawei’s Access to U.S. Semiconductor Technology and Software; Temporary General License Extended for Final Time
Due to continuing concerns with Huawei Technologies and its non-U.S. affiliates accessing and using U.S. technology and software to design and manufacture its semiconductors, the Department of Commerce (Commerce) announced that it will further tighten export restrictions on the Chinese conglomerate. Commerce’s Bureau of Industry and Security (BIS) will amend its foreign-produced direct product rule…
U.S. Departments of State and Treasury and U.S. Coast Guard Issue Advisory Addressing Illicit Shipping and Sanctions Evasion Practices
On May 14, 2020, the U.S. Departments of State and Treasury and the U.S. Coast Guard issued a global advisory to alert the maritime industry and those active in the energy and metals sectors to deceptive shipping practices used to evade U.S. economic sanctions. It is intended to provide exporters, shippers and others utilizing the…
