Trade and Manufacturing Monitor
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…
United States Expands Sanctions and Export Controls on Russia, Broadly Targeting Software Services, the Military-Industrial Base, and Procurement Networks Abroad
On June 12, 2024, the U.S. Departments of Treasury, Commerce, and State announced sweeping new sanctions and export control measures on Russia aimed at further restricting certain software and related services,…