Russia’s invasion of Ukraine led to a rise in trade-restrictive measures by World Trade Organization members, according to a note released by the WTO. .
Ambassador Katherine Tai and the Office of the United States Trade Representative delivered President Biden’s 2023 Trade Policy Agenda and 2022 Annual Report to Congress. This report details USTR’s work to implement the Biden Administration’s trade priorities and advance an inclusive, worker-centered trade policy.
President Biden’s 2023 trade agenda continues to focus on “partnership” style trade deals over the more traditional comprehensive free trade agreement, according to a report released yesterday by the US Trade Representative’s Office.
That will come along with enforcing existing trade agreements to ensure partners are living up to their commitments. The 2023 Trade Policy Agenda outlines the Administration’s trade priorities for the year ahead.
“From enforcing the USMCA to creating innovative trade arrangements with our allies and partners, we will continue to pursue an agenda that will deliver sustainable and inclusive economic prosperity for all,” US Trade Representative Katherine Tai said.
Ilya Balakaev, 47, of Moscow, was charged In the Eastern District of New York with various offenses related to a years-long scheme to illegally smuggle sensitive devices used in counterintelligence operations from the United States to Russia for the benefit of the Federal Security Service of the Russian Federation (FSB), the principal intelligence and security agency of the Russian government.
Signaling a redoubled focus on countries providing conduits to evade western sanctions, Commerce’s Bureau of Industry and Security, the Department of Justice and Treasury’s Office of Foreign Assets Control, issued a Tri-Seal Compliance Note to …
Marking the kickoff of a campaign to build support for the extension of Section 702 of the Foreign Intelligence Surveillance Act (FISA), Assistant Attorney General Matthew Olsen defended the measure in a speech at the Brookings Institution February 28th.
With annual turnover of nearly $100 billion, the vacation timeshare business has drawn its share of rogue operators. This week Treasury's Office of Foreign Assets Control (OFAC) announced initiatives to police the industry.
House Ways and Means Committee Chairman Jason Smith (R-Mo) unveiled a Trade agenda for His committee, including broad oversight of whether China is living up to its trade commitments.
The U.S.-China Commission released a new staff research report on China's International Commercial Court (CICC). The report explores the “one-stop shop” dispute resolution center for Belt and Road Initiative (BRI)-related commercial disputes.
Additive manufacturer 3D Systems agreed to pay $12,777,750, engage a consultant and complete compliance audits to settle allegations of violations of Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR) by exporting controlled aerospace technology and metal alloy powder to China without the required license, ...
In a joint statement G7 leaders announced theor intention to create a formal enforcement mechanism, and vowed to take further measures, though in a nod to Antwerp, they only promised to “work collectively on further measures on Russian diamonds, including rough and polished ones, working closely to engage key partners.
The December 2021 Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies (WA) Plenary meeting made certain decisions affecting the WA control lists, which BIS is now implementing via amendments to the Commerce Control List.
The White House marked the anniversary of Russia’s invasion of Ukraine with a raft of spending, tariffs, sanctions and export controls aimed at Russia and her enablers.
China will accelerate the establishment of a modernized export control system, featuring improvements in laws and regulations, government officials said on Thursday at a forum on export control compliance, the China Daily newspaper reported
President Biden announced yesterday the US nomination of Ajay Banga to be president of the World Bank, replacing outgoing head David Malpass
US Trade Representative Katherine Tai announced yesterday that Christopher Wilson will serve as the Assistant USTR for Japan, Korea and APEC Affairs
Legislation providing the President with new tools to provide rapid economic support to allies facing economic coercion from China has been introduced in the House.
Commerce Secretary Gina Raimondo laid out the Administration’s goals for revitalizing US production of semiconductor chips to eliminate US dependence on imports.
US agricultural exports are expected to fall in fiscal year 2023 from record-high levels recorded in the last fiscal year, but will still hold strong, while imports will hit a record high, …
Chief US Agriculture Negotiator Doug McKalip expects some deliverables to emerge soon from yesterday’s meeting of the US-Pakistan Trade and Investment Council.
The US-Mexico-Canada Agreement members are setting up a new emergency response subcommittee to keep trade flowing during emergency situations.