Trade and Manufacturing Monitor
BIS Hits Wabtec Corporation with $153,175 Civil Penalty for Antiboycott Violations
On January 29, 2024, the Commerce Department’s Bureau of Industry and Security (“BIS”) announced a settlement with Wabtec Corporation of $153,175 for violations of the antiboycott provisions of the Export…
China Select Committee Calls for Expansion of UFLPA Entity List To Include Companies Outside China; Other Enforcement Enhancements
On January 19, 2024, the Select Committee on the Chinese Communist Party (“China Select Committee”) published a letter to Department of Homeland Security Secretary Alejandro Mayorkas calling for strengthened…
Commerce Department Expands Russia and Belarus Controls, Implements Clarifying Changes
On January 25, 2024, the Commerce Department’s Bureau of Industry and Security (“BIS”) strengthened its existing controls under the Export Administration Regulations (“EAR”) against Russia and Belarus. Specifically,…
BIS Clarifies Notification and Licensing Requirements for Updated Semiconductor, Advanced Computing Export Controls
On December 29, 2023, the Commerce Department’s Bureau of Industry and Security (BIS) issued Frequently Asked Questions (FAQs) concerning the agency’s recently updated semiconductor and advanced computing export…
White House Broadens Restrictions on Russia by Authorizing Sanctions on Foreign Financial Institutions and Expanding the Import Ban
On December 22, 2023, President Biden signed Executive Order 14114, titled “Taking Additional Steps With Respect to the Russian Federation's Harmful Activities” (EO 14114), with a focus on holding foreign financial…