Trade and Manufacturing Monitor
U.S. Expands Sanctions Targeting Chinese Technology Companies
Last week, the Treasury Department and Commerce Department imposed new sanctions on dozens of Chinese firms linked to the Chinese military. Pursuant to Executive Order 13959, as amended by E.O. 14032, the Treasury…
New Menu-Based Sanctions Target Facilitators of Global Drug Trade
On December 15, 2021, the Biden Administration issued a new Executive Order (E.O.) pursuant to the Fentanyl Sanctions Act (FSA) that modernizes the Treasury Department’s authority to impose sanctions on foreign drug…
U.S. Imposes Additional Sanctions on Belarus: Sovereign Debt, Tourism, Defense, Potash, and Government Officials Targeted
On December 2, 2021, the Treasury Department’s Office of Foreign Assets Control (OFAC) expanded its Belarus-related sanctions program by imposing restrictions on dealings in Belarusian sovereign debt and adding 32…
Build America Buy America: Strong Domestic Procurement Provisions in Infrastructure Bill Signal Increased Commitment to U.S. Manufactured Goods
The historic infrastructure bill, now approved by the U.S. Congress and pending President Biden’s signature, includes broad policy provisions designed to improve governmental sourcing from U.S. manufacturing sectors.…
United States Reaches Deal with Austria, France, Italy, Spain, and the United Kingdom to Avoid Section 301 Duties
Today, the Office of the U.S. Trade Representative (USTR) announced an agreement reached with five countries – Austria, France, Italy, Spain, and the United Kingdom – on digital services tax (DST) measures that had…