U.S. General Licenses and Guidance: The Office of Foreign Assets Control (“OFAC”) issued four general licenses (“GLs”) this week. In GL6B, OFAC expanded the authorizations in the previous GL 6A to also permit all transactions “related to…the production, manufacturing, sale,
Latest from International Trade Law - Page 2
Customs Ruling of the Week – Classification of a Portable Chair-and-Backpack
In ruling N326929 (July 8, 2022), Customs and Border Protection (CBP) discussed the tariff classification of a portable chair-and-backpack from China. The product, identified as an the “Playamigo All-in-One Portable Chair & Backpack,” is a combination travel tote bag with
FinCEN and the U.S. Department of Commerce Issue Joint Alert Highlighting Risks of Export Control Violations for Financial Institutions
On June 28, 2022, the Financial Crimes Enforcement Network (“FinCEN”) and the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a joint alert (the “Alert”), urging financial institutions regulated under the Bank Secrecy Act (“BSA”) to remain
Sanctions/Export Highlights [As of July 7, 2022]
Russia Sanctions: This week the United Kingdom designated several additional individuals, primarily for contributing to the spread of disinformation about Ukraine and promoting Russian actions in Ukraine, or for their affiliation with organizations that have spread disinformation relating to Ukraine,
Please Join Us for an Update on Foreign Direct Investments in the EU, Germany, the USA and UK
Please join us for an update on the current developments at the EU level, in Germany as well as in the USA and UK. We look forward to a thoughtful discussion from Stephan Müller of Oppenhoff and Caroline Brown and
Customs Ruling of the Week – Classification of an AirPods Case Cover
In ruling N326692 (June 30, 2022), Customs and Border Protection (CBP) discussed the tariff classification of a plastic Apple AirPods case cover from China. The product, identified as an “AirPods Silicone Case-Black,” is made wholly from silicone plastic and is
Sanctions/Export Highlights [As of June 30, 2022]
Russia Sanctions: This week the United States designated dozens of additional entities and individuals as Specially Designated Nationals (“SDNs”). Notable designations included State Corporation Rostec (“Rostec”), a large Russian state-owned company that operates in the automotive, defense, aviation, and metal
Russian Goods Falling Under 576 HTS Codes Will Be Subject to 35% Duty Rate
June 30, 2022 – The White House, continuing its efforts to escalate economic measures in response to the Russian Federation’s invasion of Ukraine, has published a list of 576 provisions of the Harmonized Tariff Schedule of the United States (“HTSUS”)
Department of Homeland Security Releases the Uyghur Forced Labor Prevention Act (UFLPA) Strategy Report
On June 17, 2022, the Department of Homeland Security (DHS) – which serves as the chair of the Forced Labor Enforcement Task Force (FLETF) – released the Strategy to Prevent the Importation of Goods Mined, Produced, or Manufactured with Forced
Customs Ruling of the Week – Classification and Country of Origin of Liquid Sugar
In ruling N324972 (June 24, 2022), Customs and Border Protection (CBP) discussed the tariff classification and country of origin of liquid sugar from Canada. The subject merchandise contains 66.7% sugar and 33.3% water and trace amounts of Calcium hydroxide. The