Trade and Manufacturing Monitor
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…
Commerce Department Proposes to Ease Licensing Requirements for Strategic Trade Authorization
On December 6, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) published a proposed rule to amend License Exception Strategic Trade Authorization (“STA”) within the Export Administration…
Senators Baldwin and Cassidy Introduce Resilient Communities Act to Aid Communities Harmed By Unfair Trade
On December 6, 2023, Senator Tammy Baldwin (D-WI) and Senator Bill Cassidy (R-LA) introduced a bill titled the Resilient Communities Act to support communities in the United States that have been negatively affected by…