Trade and Manufacturing Monitor
U.S. Signs Trade Deals with Taiwan and Indonesia
Last week and today, the U.S. issued text of Agreement on Reciprocal Trade (“ART”) with Taiwan and Indonesia, respectively. Taiwan Indonesia Text Text Tariff Schedule Tariff Schedule Fact Sheet Fact…
New OFAC General Licenses Related to Venezuela’s Oil and Gas Industry
As of February 19, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued several new General Licenses (collectively “the Licenses”) to help reopen and develop Venezuela’s oil…
OFAC Authorizes Transactions Involving Venezuelan Origin Oil: What Companies Need to Know
On Thursday, January 29, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new general license, General License NO. 46 (the License), “Authorizing Certain Activities Involving…
CIT Signals Intent to Announce Future Procedures for IEEPA-Related Litigation
We continue to watch closely for a pronouncement from the U.S. Supreme Court on the lawfulness of the fentanyl trafficking-related and global reciprocal tariffs imposed under the International Emergency Economic Powers…
CIT Outlines Next Steps for China Section 301 Litigation
As previously reported, on September 25, 2025, the U.S. Court of Appeals for the Federal Circuit affirmed the U.S. Court of International Trade’s (CIT) decision upholding the Section 301 China tariffs imposed during…