Trade and Manufacturing Monitor
Congress Enters the Chinese Trade Policy Realm
On April 8, Senate Foreign Relations Committee Chairman Bob Menendez (D-NJ) and Ranking Member Jim Risch (R-ID) announced a bipartisan agreement on a wide-ranging strategic approach towards China. The Strategic…
Department of Defense Requests Comments on Risks in Supply Chains For Strategic and Critical Materials
Today, the Department of Defense (“DoD”) published in the Federal Register a request for comments on risks in the supply chain for strategic and critical materials. DoD’s request stems from an Executive Order signed in…
USTR Proposes Additional 25 Percent Tariffs on Imports from Austria, India, Italy, Spain, Turkey, and the United Kingdom
Last Friday, the Office of the United States Trade Representative (“USTR”) issued lists of products from six countries that may be subject to additional 25 percent tariffs. The proposed product lists identified by USTR…
Update on Biden Administration's Supply Chain Resiliency Evaluation - Public Comment Period and Virtual Forum Announced
As discussed earlier this month here, President Biden issued Executive Order 14017 (“EO 14017”) establishing a wide-ranging evaluation of America’s supply chains that will take place over the next twelve months. This…
OFAC Sanctions Two Military Holding Companies With Large Influence Over Burmese Economy
Today, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) further escalated sanctions on Burma by adding two large Burmese military holding companies to its List of Specially Designated…