On June 22, 2023, Senators Rubio (R-FL) and Wicker (R-MS) – the top Republicans on the Select Committee on Intelligence and the Armed Services Committee, respectively – introduced S. 2170, the Depriving Enemy Nations of Integral Authorizations and Licenses (DENIAL)
Trade and Manufacturing Monitor
News and Insight from our International Trade Practice Group
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OFAC Issues Africa Gold Advisory
On June 27, 2023, the Treasury Department’s Office of Foreign Assets Control (“OFAC”), in conjunction with USAID, and the Departments of Commerce, Homeland Security, and Labor, published an Africa Gold Advisory identifying risks related to the gold industry. At the…
OFAC Issues Africa Gold Advisory
On June 27, 2023, the Treasury Department’s Office of Foreign Assets Control (“OFAC”), in conjunction with USAID, and the Departments of Commerce, Homeland Security, and Labor, published an Africa Gold Advisory identifying risks related to the gold industry. At the…
European Union Adopts 11th Round of Sanctions Against Russia
On June 23, 2023, the EU adopted its latest round of Russia sanctions. The new regulations have a focus on combatting circumvention and evasion, following suit with similar measures adopted by the United States last month.
The EU added 87…
United States and India Announce Agreement Resolving Certain Trade Disputes
On June 22, 2023, shortly before the start of President Biden’s state dinner at the White House in honor of Indian Prime Minister Modi’s visit to Washington, U.S. Trade Representative Katherine Tai announced an agreement to resolve certain trade disputes…
Commerce Department Revises Entity List to Address China’s Military Capabilities
The Commerce Department’s Bureau of Industry and Security (“BIS” or “the agency”) has revised the Entity List to address the agency’s growing concern around Chinese entities recruiting Western pilots to train People’s Liberation Army pilots on Western aircraft maneuvers and…
U.S. and EU Conduct Fourth Meeting of the Trade and Technology Council
On May 31, 2023, the United States and European Union held the fourth ministerial meeting of the U.S.-EU Trade and Technology Council (“TTC”). The TTC is a consultative forum created to coordinate approaches to key global trade, economic, and technology…
Regulatory Issues When Acquiring U.S. Pump Companies
Partner Eric McClafferty and trade analyst, Wyatt Mince, co-authored the World Pumps Magazine article “Regulatory Issues When Acquiring U.S. Pump Companies.” When a non-U.S. pump company is buying a U.S. pump company, the proposed acquisition may need to be reviewed by the Committee…
Bid Protests: A Buy American Enforcement Tool, At Least Sometimes
For nearly a century, “Buy American” provisions and similar laws have mandated or otherwise instituted purchasing preferences for U.S. materials and products when using federally-appropriated funds. Recently, these requirements have become more stringent through executive orders, legislation, and implementing regulations,…
U.S. and Japan Reach Agreement on Critical Minerals and Treasury Releases Guidance on EVs
On March 28, 2023, the United States and Japan signed an agreement on trade in critical minerals used in electric vehicle (“EV”) batteries (“Agreement Between the Government of Japan and the Government of the United States of America on Strengthening Critical Minerals Supply…