Trade and Manufacturing Monitor
New E.O. Revokes TikTok and WeChat Prohibitions, But Lays Framework for New Restrictions
Yesterday, President Biden signed an Executive Order (“E.O.”) that formally revokes and replaces three earlier E.O.s that aimed to restrict transactions with TikTok, WeChat, and other communications and Fintech…
Biden-Harris Administration Releases Report and Recommendations Concerning America’s Supply Chains
Yesterday morning, June 8, 2021, the Biden-Harris administration released a report including factual findings and recommendations concerning four critical supply chains. The full 250-page report is available here and a…
OFAC Targets Corruption In Bulgaria With Designation of Influential Individuals and Companies
Yesterday, the Office of Foreign Assets Control (“OFAC”) announced sanctions against three prominent Bulgarian individuals and 64 related companies for corruption. The designations are the largest action in the history…
USITC Finalizes Modifications to Harmonized Tariff Schedule - Changes Will Impact Classification of Over 350 Products
The United States International Trade Commission (“USITC”) has finalized recommended modifications to the Harmonized Tariff Schedule of the United States (“HTSUS”). The revisions, which are set to go into effect on…
USDA Seeking Comments in Connection With Biden Administration’s Supply Chain Review
The United States Department of Agriculture (“USDA”) is now seeking comments from the public in connection with the Biden administration’s wide-ranging review of America’s supply chains. USDA’s request is the first to…