The International Trade Law Compass, published by Fox Rothschild LLP, focuses on developments in international trade law including tariffs, trade agreements, customs regulations, and foreign investment controls. It covers topics such as U.S. trade policy changes affecting imports and exports, compliance with trade agreements like USMCA, tariff disputes and retaliations, country of origin marking requirements, and regulatory updates on foreign investment reviews under laws like FIRRMA. The blog provides guidance on trade compliance, certificates of origin, and the impact of geopolitical events on trade relations, particularly between the U.S., China, Canada, and Hong Kong.
In the past two days, two more countries – Peru and Saudi Arabia – ratified the World Trade Organization’s Trade Facilitation Agreement (TFA). Their ratification followed Mexico and Hondurus, who ratified the TFA earlier this month.
The submission of instruments…
Earlier this year, the US Department of Justice announced a one-year pilot program under which US corporations could mitigate their own liability for violations of the Foreign Corrupt Practices Act (FCPA) by voluntarily self-disclosing FCPA violations within their organization, in…
Earlier this week, the Department of Justice (DOJ) announced that Norwegian Shipping company Wallenius Wilhelmsen Logistics AS (WWL) has agreed to pay a $98.9 million fine for its role in a price-fixing scheme with other international shipping companies that lasted…
The Louis Berger Group, Inc., a subsidiary of global engineering and construction company, Berger Group Holdings, Inc., recently brought an action against former executive Richard J. Hirsch who pled guilty to violations of the Foreign Corrupt Practices Act (FCPA) in…
The Miami Herald is reporting that the Cuban government used the Panamanian law firm Mossack Fonseca to create at least 25 corporations registered in the British Virgin Islands, Panama and the Bahamas. Mossack Fonsenca, and its clients, have come under…
On June 20, 2016, U.S. President Barack Obama will deliver the keynote address at the meeting of the international trade and investment delegation. This event is being organized by the United States – India Imports Council (USIIC).
The USIIC will…
Jesse Harris writes:
As a penalty for selling their products in the American market below fair value, the U.S. Department of Commerce (the “Department”) has imposed increased anti-dumping duty rates on cold-rolled steel imported from China and Japan. The duty…
U.S. President Barack Obama announced that the U.S. would fully lift a ban on the sale of lethal arms and military equipment to Vietnam. President Obama announced this change in U.S. policy, which has been in place for about fifty…
On April 5, 2016, the U.S. Department of Justice announced a significant increase in its efforts to enforce the Foreign Corrupt Practices Act (FCPA).
The DOJ’s three-step plan increases personnel dedicated to investigating FCPA violations, fosters international cooperation and coordination…
On Tuesday, the U.S. Department of Treasury continued its effort to ease sanctions against Myanmar, which the U.S. refers to as Burma, by creating and extending general licenses for…
