Treasury’s Office of Foreign Assets Control (OFAC) designated  Jordan “Orce” Kamcev, in North Macedonia pursuant to Executive Order (E.O.) 14033.  Mr. Kamcev has been …

The full committee will hold a markup to consider various measures regarding oversight of State Department implementation of AUKUS along with other bills Date: Wednesday, July 26th, 2023 …

CBP released a mid-year report on efforts to eliminate counterfeit goods from the supply chain, as well as those made with forced labor from the Xinjiang Uyghur Autonomous Region of China.  The …

Customs and Border Protection has introduced an updated Frequently Asked Questions page, providing importers and policymakers current information on the state of the hotly debated import provision. …

Rep. Ron Estes (R-KS), has introduced the Unfair Tax Prevention Act, aimed to deter foreign countries from implementing the Organization for Economic Co-operation and Development’s (OECD) Pillar 2 Under Taxed Profit Rule (UTPR) surtax, a measure some argue is a threat to U.S. jobs and tax revenues.

Bureau of Industry and Security (BIS) is adding four Cyber surveillance entities to the Entity List under the destinations of Greece, Hungary, Ireland, and North Macedonia. The ERC determined to add the firms to the Entity List for "trafficking in cyber exploits used to gain access to information systems, thereby threatening the privacy and security of individuals and organizations worldwide."

he Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing three web general licenses (GLs) issued in the Syria Sanctions Regulations, Iran Transactions and Sanctions …

The U.S. International Trade Commission (USITC) has implemented adjustments to the ten-digit statistical reporting categories in the Harmonized Tariff Schedule of the United States (HTSUS). These alterations impact two exclusions reinstated in association with the Section 301 investigation into China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation, originally outlined at 87 FR 17380 (March 28, 2022).

The State Department has published a Memo articulating the AUKUS Trade Authorization Mechanism (ATAM)designed to facilitate trade of U.S. defense articles and defense services between the United States, the UK, and Australia in support of AUKUS programs, The AUKUS Trade Authorization Mechanism will provide a consistent framework that will cover Direct Commercial Sales (DCS) (private sector-to-government or private sector-to-private sector transfers) as well as some items that were previously sold as Foreign Military Sales (FMS) (government-to-government agreements) but may be handled as DCS under ATAM.

Rep. Mike Gallagher (R-WI), Chair of the Select Committee on the Chinese Communist Party, and Rep. Virginia Foxx (R-NC) of the Education and the Workforce Committee, recently sent a letter to the President and Chancellor of the University of California, Berkeley. expressing concerns about the University's joint institute with Tsinghua University and the Shenzhen government in China.. The lawmakers pointed out that the Tsinghua-Berkeley Shenzhen Institute (TBSI) provides the People's Republic of China (PRC) with easy access to Berkeley's research and expertise. They emphasized that this access potentially allows the PRC to gain economic, technological, and military advantages.

The Senate Foreign Relations Committee has approved the transfer of nuclear-powered submarines to Australia, a move that signifies progress for the AUKUS security pact. The decision was part of the National Defense Authorization Act, granting Australia a unique 20-year exemption from the stringent export rules of ITAR.

The Department of Commerce launched the Data Privacy Framework (DPF) program website today, enabling eligible U.S. companies to self-certify their participation in the EU-U.S. Data Privacy Framework …

A Russian citizen alleged to have ties with Russia's Federal Security Service (FSB) will face charges in a U.S. court today. The charges relate to conspiracy, money laundering, and participating in a …

The European Commission has put into effect new rules for the Foreign Subsidies Regulation (FSR), aimed at enhancing transparency and fairness in EU business operations with significant foreign contributions. The Implementing Regulation, which details these rules, specifically addresses reporting obligations for companies in the event of market concentrations and public procurement procedures involving foreign financial contributions.

The Bureau of Industry and Security (BIS), declared the enforcement of financial penalties against two defense companies,  resolving alleged infractions of the antiboycott regulations of the …

Three years into the US-Mexico-Canada Agreement, the North American trade partners are still working on implementation while looking ahead to some new issues. One week after the Ministerial meetings, the participants released their joint statement, reflecting modest progress.

US corporate executives need to “take off the golden blindfolds and stare with clear eyes at the growing peril of doing business with China,” Rep. Mike Gallagher (R-Wisc) said at a July 13 hearing. Rep. Gallagher chairs the Select Committee on the Chinese Communist Party, which held a hearing on the risks of doing business in China. “There is no such thing as a private company in China,” he said. “Beijing reserves the right to swipe any data, seize and assets and filch any IP it wants.

At the CPB Green Trade Summit July 11, Senior Official Performing the Duties of the Commissioner Troy Miller discussed  how Customs and Border Protection (CBP) plans to contribute to the Green …

The House approved several amendments related to China and US supply chains in its consideration of the National Defense Authorization Act (HR 2670). The House voted on a package that includes …

The US Export-Import Bank will begin offering longer repayment terms and additional flexibilities for most transactions. The new flexible financing terms and conditions are a result of a modernized agreement with Organization for Economic Cooperation and Development Arrangement Participants. The modernization agreement will allow ExIm to provide longer repayment terms for most transactions, offer lower risk premium rates for certain borrowers using longer repayment terms, and create further incentives for a wider range of "climate friendly and green" transactions.