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ZTE Reaches New Settlement With US Government But Denial Order Remains In Place

On June 11, the US Department of Commerce’s Bureau of Industry and Security (“BIS”) published a superseding settlement agreement with ZTE Corporation and ZTE Kangxun Telecommunications Ltd. (“ZTE”) and an accompanying...more

Energy Newsletter - June 2018

Lessons for Sellers in Contracting with Emerging Market Buyers: The “Three R’s” to Structuring Payment Security Provisions - The recent rebound in the international energy industry is being driven, at least in part, by a...more

FinCEN Finalizes Customer Due Diligence Requirements for Financial Institutions

On May 11, 2018, the US Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) implemented its Final Rule on Customer Due Diligence Requirements for Financial Institutions (“Rule”) to amend the scope of...more

United States Withdraws from the Iran Nuclear Deal and Snaps Back Stringent Sanctions

On May 8, 2018, President Donald Trump announced that the United States was withdrawing from the Joint Comprehensive Plan of Action (“JCPOA”) negotiated between the “P5+1” countries (United States, United Kingdom, France,...more

Trade & Manufacturing - May 2018

Commerce Department Imposes Strict Export Denial Order On ZTE - On April 15, 2018, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) imposed a seven-year Denial Order (Order) against Zhongxing...more

Commerce Department Imposes Strict Export Denial Order On ZTE

On April 15, 2018, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) imposed a seven-year Denial Order (Order) against Zhongxing Telecommunications Equipment Corporation and ZTE Kangxun...more

Trade & Manufacturing - April 2018

Trump Administration Rolls Out Section 232 Tariffs On Steel And Aluminum Imports - On March 8, 2018, President Trump exercised “his authority to impose a 25 percent tariff on steel imports and a 10 percent tariff on...more

Congress Debates Export Control Reform

As we noted previously, Congress is considering legislation to reform the process associated with review by the Committee on Foreign Investment in the United States (CFIUS) of inbound foreign investments with potential...more

Trade & Manufacturing - March 2018

U.S. Department Of Commerce Releases Reports And Recommendations In Steel, Aluminum National Security Investigation - On February 16, the U.S. Department of Commerce (Commerce) released its reports and recommendations to...more

Congress Evaluates CFIUS Reform Proposal

The interagency Committee on Foreign Investment in the United States (CFIUS) reviews inbound foreign investment for national security concerns. In particular, CFIUS reviews transactions that would result in foreign “control”...more

Trade & Manufacturing - February 2018

Trump Administration Imposes Tariffs On Imported Large Residential Washing Machines And Imported Solar Cells And Modules - On January 22, 2018, the Office of the United States Trade Representative (USTR) announced that...more

Trade & Manufacturing - News of Note - February 2018

Could Looming Virtual Private Network Rule Changes In China Further Stimulate “Reshoring” Of American Manufacturing? - Starting March 31, 2018, China will only allow companies to use Virtual Private Networks (VPNs) from a...more

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