Trade and Manufacturing Monitor
U.S. Agencies Release Xinjiang Supply Chain Business Advisory Addendum
On September 26, 2023, the U.S. Department of State, the U.S. Department of the Treasury, the U.S. Department of Commerce, the U.S. Department of Homeland Security, the U.S. Department of Labor, and the Office of the…
U.S. Imposes Additional Sanctions on Russia by Targeting Military-Linked Elites and Industrial Base
On September 14, 2023, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced nearly 100 new sanctions on Russian elites and on Russia’s industrial base, financial institutions, and…
U.S. and EU Regulators Provide Insights on Sanctions and Export Evasion Risks
On September 11, 2023, the Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis detailing trends in suspected evasion of export controls on Russia. FinCEN’s analysis is informed by reports…
U.S. Bureau of Industry and Security Creates Option for Extended Renewals of Temporary Denial Orders
On August 30, 2023, the Department of Commerce’s Bureau of Industry and Security (“BIS”) amended the Export Administration Regulations (“EAR”) to allow for the extended renewal of Temporary Denial Orders (“TDOs”) under…
Commerce Proposes Revisions to Section 232 Steel and Aluminum Tariff Exclusions Process
Deadline of October 12th to Submit Comments On August 28, 2023, the U.S. Department of Commerce (“Commerce”) published in the Federal Register a proposed rule that makes certain revisions to the Section 232 steel and…