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Leveraging Your Contracts to Address the Impact of Tariffs

Companies are facing a unique trade market. President Trump has announced various tariffs, including additional tariffs on China, the on-again, off-again tariffs on Canada and Mexico, auto tariffs, steel and aluminum tariffs,...more

2025 Preview: Navigating New Customs Leadership and Evolving Priorities and Rules in the New Year

This advisory alert is part of an ongoing series from Venable regarding noteworthy developments in trade laws expected in 2025. An introductory preview article is available here, and an alert about tariffs and trade policies...more

USTR Opens Section 301 Exclusion Process for Machinery Used in Domestic Manufacturing

On Wednesday, October 16, 2024, the Office of the U.S. Trade Representative (USTR) published a Federal Register notice announcing that the agency opened an electronic portal for exclusion requests for "Certain Machinery Used...more

Impact of Port Strikes on U.S. Trade: What to Know in the Short Term

For the first time in almost 50 years, nearly 50,000 members of the International Longshoremen's Association (ILA) initiated strikes at ports across the U.S. East Coast and Gulf Coast ports on October 1, 2024....more

President Biden Announces Significant New Tariffs on EVs and Various Strategic, High-Value Products from China

On May 14, 2024, President Biden announced new trade tariffs on goods from China, aimed at protecting American workers and businesses. The measure imposes tariffs between 25% and 100% of the value of the imported item,...more

New U.S. Sanctions Target Russia's Industrial Base, Additional Financial Institutions, and Technology Suppliers

Since the outset of the Russian aggression in Ukraine, the Biden administration has issued incremental sanctions targeting various sectors of the Russian economy, aimed at curbing Russia's ability to wage war against Ukraine....more

Section 301 Update: USTR Seeks Public Comment on the Efficacy of Section 301 Tariffs

​​​​​​​In 2017, the Office of the United States Trade Representative (USTR) launched an investigation into the Government of China's acts, policies, and practices related to "technology transfer, intellectual property, and...more

New Executive Order Directs Consideration of National Security Risks in CFIUS Reviews

​​​​​​​On September 15, 2022, President Biden signed an executive order (EO) directing consideration of certain national security factors by the Committee on Foreign Investment in the United States (CFIUS or "the Committee")...more

A CFIUS-Type Review for Overseas Investment? Beware the Outbound Investment Review Framework Proposed in the COMPETES Act

On February 4, 2022, the U.S. House of Representatives passed the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength Act of 2022 (H.R. 4521), known as the COMPETES Act, the...more

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