Trade Remedy/Enforcement

The U.S. Department of the Treasury announced yesterday that Secretary of the Treasury Steven Mnuchin is designating China as a “currency manipulator,” stating that “China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past. The context of these actions and the

On August 2, 2019, the Office of the U.S. Trade Representative (USTR) issued its first batch of Section 301 product exclusions for imported Chinese products appearing on List 3. These products, which have an annual trade value of approximately $200 billion, have been subject to Section 301 tariffs since September 24, 2018. The USTR determined

It has not been officially announced yet, but President Donald Trump tweeted today (see below) that products on the yet-to-be-finalized Tranche/List 4 of imports from China valued at $300 billion will be assessed a 10 percent tariff starting September 1. While noting that this week’s trade negotiations between the U.S. and Chinese governments were constructive

On July 30, 2019, JSW Steel (USA), Inc. (JSW) filed a complaint against the United States and, specifically, the Department of Commerce (Department) for denying its product exclusion requests for certain steel imports that otherwise are subject to a 25 percent tariff under President Donald Trump’s March 2018 proclamation implementing such tariffs under Section 232

The Office of the U.S. Trade Representative released today its first batch of product exclusions for List 2 of the Section 301 tariffs on imports from China valued at $16 billion. List 2 products were assessed a 25 percent tariff as of August 23, 2018. This batch of exclusions covers 69 specially prepared product descriptions,

According to recently released U.S. Customs and Border Protection (CBP) data, the agency has assessed, as a result of tariffs implemented through U.S. government actions under Section 232 of the Trade Expansion Act of 1962 and Sections 201 and 301 of the Trade Act of 1974, approximately $30.9 billion in import duties as of July

In May 2019, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) published the Framework for OFAC Compliance Commitments (“Framework”), which is intended to help organizations subject to U.S. jurisdiction, as well as foreign entities doing business in or with the United States, U.S. persons, or using U.S.-origin goods or services, to develop

Following a week of escalating tensions, allegations that Iran attacked two oil tankers in the Gulf of Oman, Iran’s threat to increase its stockpile of enriched uranium, and its acknowledged downing of an unmanned U.S. drone, President Donald Trump responded on June 24, 2019 by issuing an executive order sanctioning the Supreme Leader of Iran,

The Department of Commerce’s Bureau of Industry and Security (BIS) has determined that five Chinese companies are acting contrary to the national security or foreign policy interests of the United States and thus pose a significant risk. In a Federal Register notice, BIS announced that it has placed the following companies on the Entity