Tag Archives: gt_law

U.S. Reimposes Sanctions after Withdrawal from the Iran JCPOA

On May 8, 2018, President Trump announced his decision to withdraw the United States from the Iran Joint Comprehensive Plan of Action (JCPOA), the multilateral nuclear agreement signed on July 14, 2015, between Iran, the P5+1 (China, France, Russia, the United Kingdom, the United States, and Germany), and the European Union.  Implementation of the president’s decision … Continue Reading

Mexico Responds to U.S. Tariffs on Steel and Aluminum Imports with Compensatory Tariffs

Following the White House’s decision to impose tariffs on imports of certain steel and aluminum products from Mexico starting on June 1, 2018, Mexico has responded in kind by imposing compensatory tariffs. On June 5, 2018, the government of Mexico published in the Diario Oficial de la Federación (Mexico’s federal gazette) a presidential decree levying … Continue Reading

U.S. Withdrawal from Iran Nuclear Deal to Trigger Additional Sanctions

On May 8, 2018, President Trump announced his decision to withdraw the United States from the Iran Joint Comprehensive Plan of Action (JCPOA), the multilateral nuclear agreement signed on July 14, 2015, between Iran, the P5+1 (China, France, Russia, the United Kingdom, the United States, and Germany), and the European Union.  The move sets the … Continue Reading

Recent Measures Highlight Critical U.S. Sanctions and Export Controls Considerations for Chinese Companies

In recent months, the United States has implemented a number of high profile trade-related sanctions measures. While the new U.S. tariffs imposed on a variety of Chinese goods have received much attention in the media, the United States has also subjected Chinese companies to fines and other penalties for alleged violations of separate U.S. sanctions … Continue Reading

USTR Publishes List of Section 301 Tariffs on Certain Goods from China

On April 3, 2018, the U.S. Trade Representative (USTR) published a list of products imported from China on which it recommended imposing 25 percent tariffs, in addition to any other existing tariffs on those goods. USTR issued this list in the context of an investigation conducted under section 301 of the Trade Act of 1974, … Continue Reading

OFAC Announces New Sanctions Against Russian Companies, Oligarchs, and Government Officials

On April 6, 2018, the U.S. government announced new sanctions against Russia. Specifically, the Department of Treasury’s Office of Foreign Assets Control (OFAC) designated 36 Russian individuals and entities under authority granted by Executive Orders 13661 and 13662, and codified last year in the Countering America’s Adversaries Through Sanctions Act (CAATSA). The newest sanctions are … Continue Reading

NAFTA’s Seventh Round Concludes on March 6, Overshadowed by New Steel and Aluminum Tariffs

On March 6, 2018, representatives from the United States, Canada, and Mexico wrapped up the seventh round of the ongoing renegotiations of the North American Free Trade Agreement (NAFTA) in Mexico City.  As discussed in our prior GT Alert, the negotiations have been ongoing since August 2017, but many important proposals remain largely unaddressed.  As … Continue Reading

The White House Announces Tariffs for Steel and Aluminum Imports

On March 8, 2018, President Trump signed two proclamations imposing tariff rates of 25 percent and 10 percent on imports of certain steel and aluminum products, respectively, pursuant to Section 232 of the U.S. Trade Expansion Act of 1962. These tariff rates will come into effect March 23, 2018, and will be applied in addition … Continue Reading

Sixth Round of NAFTA Negotiations Wraps Up with Some Progress and a Commitment to Future Dialogue

On Jan. 29, 2018, in Montreal, representatives from the United States, Canada, and Mexico – including U.S. Trade Representative Robert Lighthizer, Canadian Foreign Minister Chrystia Freeland, and Mexican Economy Secretary Ildefonso Guajardo – wrapped up the Sixth Round of the ongoing renegotiation of the North American Free Trade Agreement (NAFTA). In this Round of negotiations, … Continue Reading

U.S. Implements President Trump’s Cuba Policy

On Nov. 8, 2017, the U.S. Government announced new regulations in furtherance of the Trump Administration’s policy regarding Cuba. As discussed in our prior GT Alert, in June 2017, President Trump published his National Security Presidential Memorandum “Strengthening the Policy of the United States Toward Cuba” (NSPM), which announced modification of U.S. policy with respect … Continue Reading

United States Terminates Sanctions Against Sudan

The Trump Administration has announced its decision to revoke the comprehensive economic sanctions against Sudan. The termination was effective as of Oct. 12, 2017. In January 2017, President Obama suspended the Sudan sanctions regime for a period of six months, pending a final review of U.S. policy toward Sudan. In July 2017, the Trump Administration … Continue Reading

U.S. Imposes Additional Sanctions on North Korea

Amid escalating U.S.-North Korea tensions, over the past month, the United States imposed several new rounds of sanctions against North Korea. The new sanctions measures are designed to reduce the flow of economic resources from non-U.S. sources to North Korea. Continue Reading.… Continue Reading

President Trump Blocks $1.3 billion Sale of Lattice Semiconductor to China-backed Buyer

Citing national security concerns, President Donald Trump signed an Executive Order on Sept. 13, 2017, blocking the proposed $1.3 billion acquisition of Portland, Oregon-based Lattice Semiconductor by Canyon Bridge Investments, a Chinese-owned investment fund based in California.  The move comes as foreign investment transactions, particularly those with a China nexus, are subject to increasingly intense … Continue Reading

The UK’s Position Paper on the Post-Brexit Availability of Goods – Implications for Chemicals

The UK government has recently published a series of position papers outlining its thinking on a range of potential issues resulting from the June 2016 Brexit vote. The papers cover matters such as dispute resolution, cross-border arrangements on the Irish island, the treatment of European Union citizens, and data protection. Continue Reading.… Continue Reading

U.S. Imposes Additional Sanctions Against Venezuela

President Trump has signed an Executive Order limiting the Venezuelan government’s access to the U.S. financial system.  The new sanctions are the latest in a quick succession of U.S. sanctions measures issued in response to the deteriorating political situation in Venezuela.  Notably, while previous U.S. sanctions directives targeted specific Venezuelan individuals and entities only, the … Continue Reading

President Signs New Russia, Iran, and North Korea Sanctions Measures into Law

On August 2, 2017, President Trump signed the Countering America’s Adversaries Through Sanctions Act (HR 3364) into law. The bill had received near-unanimous support in Congress. The new law combines three separate sanctions measures: the Countering Iran’s Destabilizing Activities Act (CIDAA), the Countering Russian Influence in Europe and Eurasia Act (CRIEEA), and the Korean Interdiction … Continue Reading

U.S. Sanctions Venezuelan President, Additional Sanctions May Follow

On July 31, 2017, the Department of Treasury, Office of Foreign Assets Control (OFAC) announced further sanctions against Venezuela, specifically targeting Venezuelan President Nicolas Maduro Moros. The sanctions against President Maduro are the second set of sanctions that the United States has imposed against Venezuela in the past week, as 13 Venezuelan individuals, including members … Continue Reading

U.S. Sanctions Venezuelan Individuals, Including PDVSA Officials

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has recently sanctioned 13 Venezuelan individuals alleged to be involved in human rights abuses and corruption. According to the Trump Administration, the new sanctions were imposed in part to pressure the Venezuelan government not to proceed with a proposed rewrite of the Venezuelan … Continue Reading

Congress Overwhelmingly Approves New Russia, Iran, and North Korea Sanctions Measures

On July 27, 2017, the Senate overwhelmingly passed (98-2) the Countering America’s Adversaries Through Sanctions Act (HR 3364), previously passed in the House of Representatives (419-3) on July 25, 2017. This bill combines three separate sanctions measures: the Countering Iran’s Destabilizing Activities Act (CIDAA), the Countering Russian Influence in Europe and Eurasia Act (CRIEEA), and … Continue Reading

Trump Announces Cuba Policy Targeting Commercial Dealings With Cuban Military

After much anticipation, on June 16, 2017, President Trump announced changes to U.S. policy under the existing embargo against Cuba, which reinstate some pre-Obama restrictions. The changes are relatively minor and are not expected to significantly impact most of the Obama administration’s relaxation in Cuba policy. It remains to be seen exactly how the policy … Continue Reading

Bureau of Economic Analysis (BEA) Maintains Mandatory Reporting Requirements for Foreign Investment in the United States

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) maintains mandatory reporting requirements for foreign investment into the United States via its Form BE-13 for most transactions in which a non-U.S. entity (1) acquires an ownership interest in a U.S. entity or real estate; or (2) establishes a new U.S. business enterprise in the … Continue Reading

U.S. Government Suspends Comprehensive Sanctions on Sudan

Effective Jan. 17, 2017, the U.S. government significantly eased restrictions on transactions between U.S. persons and Sudan, against which comprehensive sanctions had previously been in place. Specifically, on Jan. 13, 2017, President Obama issued an Executive Order (EO), “Recognizing Positive Actions by the government of Sudan and Providing for the Revocation of Certain Sudan-Related Sanctions,” … Continue Reading

United States Imposes Targeted Sanctions Against Russian Intelligence Agencies and Operatives Accused of U.S. Presidential Election Hacking

In late December 2016 and early January 2017, the U.S. government took action to sanction Russian individuals and intelligence agencies determined to be involved in hacking activities related to the November U.S. presidential election. Continue Reading.… Continue Reading
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