Trade and Manufacturing Monitor

News and insight from our international trade practice group

U.S. Treasury Department Issues Proposed Rule Expanding CFIUS Coverage of Real Estate Transactions Near Military Installations

On July 8, 2024, the U.S. Treasury Department (“Treasury”), as the lead agency of the Committee on Foreign Investment in the United States (“CFIUS” or “the Committee”), issued a proposed rule to expand the…

BIS Issues Guidance on Addressing Export Diversion Risks

On July 10, the Department of Commerce’s Bureau of Industry and Security (BIS) published guidance on how to identify parties that present a heightened risk of diversion to Russia’s military-industrial sector, as well…

DHS and FLETF Release Updated UFLPA Strategy

This summary was drafted with assistance from Matthew Chang and Brianna Robinson, participants in Kelley Drye's 2024 Summer Associate Program On July 9th, the Department of Homeland Security (“DHS”), on behalf of…

Supreme Court Overrules Chevron: Three Takeaways from Loper Bright and Three Implications for Trade Law

On June 28, 2024, the U.S. Supreme Court overruled Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc ., 467 U.S. 837 (1984). Under the Chevron framework, federal agencies were entitled to a deferential…

Treasury Issues Proposed Rules on Outbound Investments to China and Solicits Comments

On June 21, 2024, the Treasury Department issued a Notice of Proposed Rulemaking (NPRM) setting out draft rules for regulating certain outbound U.S. investments. The NPRM incorporates feedback received by the Treasury…