Trade and Manufacturing Monitor
White House Issues Executive Order on Outbound Investment Screening
On August 9, 2023, the White House issued Executive Order 14105 (“EO”) to address the national security threat posed by outbound investment in certain countries of concern that seek to develop and exploit sensitive or…
Federal Agencies Publish Tri-Seal Official Guidance on Voluntary Self-Disclosure of Violations
On July 26, 2023, the U.S. Department of Justice (“DOJ”), the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”), and the U.S. Department of Treasury’s Office of Foreign Asset Control (“OFAC”)…
USITC Releases First Biennial Report on Economic Impact and Operation of USMCA Automotive Rules of Origin
On June 30, 2023, the U.S. International Trade Commission (ITC) released its first report on the economic impact of the United States-Mexico-Canada (USMCA) automotive rules of origin. Rules of origin (ROOs) are used to…
Senate Bill Proposes to Curb Export Licenses and Impose “Flow Down” Entity List Restrictions
On June 22, 2023, Senators Rubio (R-FL) and Wicker (R-MS) – the top Republicans on the Select Committee on Intelligence and the Armed Services Committee, respectively – introduced S. 2170, the Depriving Enemy Nations…
OFAC Issues Africa Gold Advisory
On June 27, 2023, the Treasury Department’s Office of Foreign Assets Control (“OFAC”), in conjunction with USAID, and the Departments of Commerce, Homeland Security, and Labor, published an Africa Gold Advisory…