Legal professionals and international trade experts are in for a riveting discourse as Braumiller Law Group Senior Counsel Bruce Leeds is set to kick off a monthly webinar series regarding Hot Topics in International Trade Compliance. The first presentation, aptly titled “When is an Assist Not an Assist?”, is scheduled on November 2nd,11:30 am –…
In this September 2023 Trade Law update, we bring your attention to a number of critical matters affecting international trade and supply chain law. The report, published by Husch Blackwell LLP, covers multiple important updates. Read the full update for detailed information on each topic. The following summary highlights the key areas of interest: An…
The month of September 2023 saw an increase in enforcement actions in the sphere of international trade, particularly concerning Iran. Notably, the Office of Foreign Assets Control (OFAC) announced settlements with two prominent entities, 3M and Emigrant Bank, both accused of contravening the Iranian Transactions and Sanctions Regulations (ITSR). In addition to corporate indictments, individuals…
As the climate situation becomes an increasing global concern, a consequential adjustment in the world’s economic policies is emerging. In the latest development, the European Union launched a new climate-linked tariff on October 1, which, though subtly introduced, may cause significant disruptions in international trade. According to Bradley Arant Boult Cummings LLP, the new tariff…
On October 4, 2023, domestic producers in the United States reached out to the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC). The objective was to seek the implementation of antidumping (AD) duties on imports of aluminum extrusions from a number of nations, including Colombia, the Dominican Republic, Ecuador, India, Indonesia,…
In the ever-evolving landscape of international trade law, the Bureau of Industry and Security (BIS) has recently published a new set of best practice guidelines with the aim to prevent the diversion of high-priority items to Russia. The decision signals a follow-on to the quint-seal guidance issued last week. Considering the immense financial, legal, and…
Following the recent filing of an antidumping duty (“ADD”) petition on imports of aluminum extrusions, several firms and enterprises may have to overhaul their procurement strategies and sourcing channels. The initial petition, lodged on October 4, 2023, by the US Aluminum Extruders Coalition and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial…
On October 4, 2023, a coalition of 14 U.S. aluminum extruders and the United Steelworkers organization filed both antidumping duty (AD) and countervailing duty (CVD) petitions. There were 15 countries named in total, with the AD petitions filed against aluminum extrusions from Colombia, Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, China, Korea, Taiwan, Thailand,…
The U.S. Aluminum Extruders Coalition, in tandem with United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial, and Service Workers International Union, filed 15 new antidumping duty petitions and four fresh countervailing duty petitions on October 4, 2023. The primary focus of these petitions is the imports of aluminum extrusions that originate from 15…
On October 4, 2023, a significant development in the global aluminum industry took place as the U.S. Aluminum Extruders Coalition (“the Coalition”) and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (“United Steelworkers” or “USW”) – collectively known as “Petitioners” – lodged a petition for the imposition…
Negotiations on a new trade agreement between the United States and the United Kingdom are set to commence within this month, as indicated in an October 3, 2023 report by POLITICO. This upcoming dialogue marks an important chapter in the economic relations between the two nations under the leadership of President Biden and Prime Minister…
On September 14, 2023, the U.S. Department of the Treasury’s Office of Foreign Asset Control (OFAC) moved to issue two Russia-related licenses, shifting the landscape of international business with the Eurasian giant. This move, potentially significant for companies and law firms working with Russian entities, necessitates a deep dive to understand its implications on the…
Since the start of the war in Ukraine on 24 February 2022, a number of States and regional organizations, including the UK, the US, and the EU, have imposed extensive sanctions on Russia or significantly augmented pre-existing measures established following the 2014 annexation of Crimea. Cited from a detailed report by Hogan Lovells, these sanctions…
On Saturday, 30th of September 2023, further UK and EU sanctions are set to tighten the restrictions on the import of iron and steel products of Russian origin. This move, bureaucratized by top-tier law firms both in the EU and UK, seeks to apply more pressure to Russia’s robust iron and steel sector. This new…
Eastman Kodak Company, the US based imaging technology company, on September 28, 2023, filed antidumping duty (AD) petitions targeting Aluminum Lithographic Printing Plates from China and Japan, and a countervailing duty (CVD) petition on the same product from China. This strategic move by Eastman Kodak marks a significant moment in the international legal landscape surrounding…
The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) has released a set of best practices aimed at preventing specific high-priority items from inadvertently being shipped to Russia. Published amidst growing international tensions, these guidelines are pertinent for corporations and legal professionals alike involved in global trade. The guidelines focus on nine products…
As legal professionals, the potential implications of government operations coming to a halt due to a budget standoff in Congress are impossible to ignore. A federal government shutdown arguably holds significant effects on international trade and investment, a topic renowned for its intricate complexity and critical importance. JdSupra, a reputed law casing and commentary platform…
The United States Patent and Trademark Office (USPTO) recently made significant updates to its Madrid Protocol webpages. These changes aim to improve and simplify the experience for international trademark applicants. According to a bulletin issued by the USPTO, the website now exhibits enhanced content designed to be more understandable and accessible. Few details regarding the…
As Friday, September 29, 2023, drew to a close, the United States Congress was at an impasse regarding a spending agreement. This presents a significant concern for corporations with international trade operations, who should commence preparations for a possible prolonged Federal government shutdown. The adverse effects are projected to begin as of 12:01 am October…
On September 28, 2023, Eastman Kodak Company initiated the filing of duty petitions focusing on aluminum lithographic printing plates imported from China and Japan. These Antidumping Duty (AD) petitions specifically target aluminum lithographic printing plates from both countries, while a Countervailing Duty (CVD) petition was also set on aluminum lithographic printing plates from China. Read…
On September 28, 2023, Eastman Kodak Company, the Petitioner, filed a petition for the imposition of antidumping duties on Aluminum Lithographic Printing Plates from China and Japan. Additionally, it called for the imposition of countervailing duties on the same goods originating from China. Antidumping duties are additional tariffs imposed by the importing country on goods…
In a concerted effort to counteract Russian export control evasion tactics, a group of five countries: the United States, United Kingdom, Australia, Canada, and New Zealand, have issued joint guidance to industry and academia. This group, colloquially known as the “Export Enforcement Five” or “E5”, aims to aid in the identification of potential export evasion…
On September 14, 2023, the U.S government designated five Turkish companies as out of line with U.S sanctions against Russia, causing increased concern for multinational corporations and law firms alike. As reported by JDSupra, the news might not be as unexpected given that Washington had been cautioning the Turkish government and its businesses for several…
Heightening tensions in US government has led to a potential scenario that could significantly disrupt international trade activities. The United States, currently preparing for its fourth partial government shutdown within the last decade, is experiencing a frayed political atmosphere as Congressional members continue to butt heads over government spending allocations for the forthcoming fiscal year….
The United States Department of Commerce (DOC) finalized its verdict on August 18, 2023, in relation to the sidestepping of antidumping and countervailing duty (AD/CVD) orders A-570-979 and C-570-980. The orders pertain to certain crystalline silicon photovoltaic (CSPV) cells and modules. The adjustments were filed by Auxin Solar against imports from four countries: Cambodia, Malaysia,…