Trade and Manufacturing Monitor
Schumer Urges Trump to Suspend All China-Related Mergers Pending Before CFIUS to Exact Tougher Approach on North Korea
Senate Minority Leader Charles Schumer wants President Trump to take a stand against China for its kids-gloves response to North Korea’s nuclear missile activity by using the Committee on Foreign Investment in the…
Ross Op-Ed Defends U.S. Trade Policy as Response to Unfair Trade Practices of Others – Not Protectionism
In a Wall Street Journal opinion piece, U.S. Secretary of Commerce Wilbur Ross reminds U.S. trading partners with sizeable surpluses that trade flows in not one, but two directions. Pushing back against assessments…
Congress Passes Landmark Russia Sanctions
Last night the U.S. Senate passed sweeping sanctions on Russia, Iran, and North Korea by a vote of 98-2. The Countering America’s Adversaries Through Sanctions Act (the Act) contains important changes to U.S. sectoral…
Congress Weighs-In on New MTB Process In Advance of Final ITC Report
Congressional trade committee leaders submitted comments for the ITC to consider in its final Miscellaneous Tariff Bill report due for release in August. House Ways and Means Chairman Kevin Brady and Raking Member…
Combating Evasion of Duties Front and Center
Last year, President Obama signed into law the Trade Facilitation and Trade Enforcement Act of 2015 (“TFTEA”). Section 421 of the TFTEA (commonly called the Enforce and Protect Act, or EAPA), establishes procedures for…