On May 8, the White House announced President Trump's first trade deal under his America First Policy. The deal struck between the United States and the United Kingdom will revise some of the tariffs imposed on the UK so far...more
This advisory alert is part of an ongoing series from Venable regarding noteworthy developments in trade laws expected in 2025....more
2/3/2025
/ Class Action ,
Common Carriers ,
Enforcement Actions ,
Exports ,
Federal Maritime Commission ,
Imports ,
International Trade ,
Maritime Transport ,
Policy Statement ,
Ports ,
Regulatory Agenda ,
Shipping ,
Shipping Cargo ,
Strike ,
Supply Chain ,
Tariffs
As anticipated from campaign promises, on Monday, January 20, President Donald Trump issued an executive order (EO) commencing the process to levy a host of new trade tariffs as part of his "America First Trade Policy." New...more
1/27/2025
/ Canada ,
China ,
Executive Orders ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Tariffs ,
Trade Relations ,
Trump Administration
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
1/13/2025
/ Customs and Border Protection ,
Department of Homeland Security (DHS) ,
Forced Labor ,
International Trade ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trump Administration ,
US Trade Policies ,
USTR ,
Uyghur Forced Labor Prevention Act (UFLPA)
As we look ahead to the new year and the many changes it will bring, the Venable International Trade and Logistics Group will be issuing a series of brief client alerts previewing key trade areas and issues to watch in 2025....more
1/3/2025
/ CFIUS ,
Corporate Counsel ,
Customs ,
Customs and Border Protection ,
Economic Sanctions ,
Export Controls ,
Exports ,
Forced Labor ,
Imports ,
Legislative Agendas ,
Ocean Transportation System ,
Regulatory Agenda ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
On October 31, 2024, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued scenario-based guidance specific to the maritime shipping industry....more
11/15/2024
/ Brokers ,
Commercial Insurance Policies ,
Common Carriers ,
Compliance ,
Deceptive Intent ,
Due Diligence ,
Economic Sanctions ,
Evasion ,
Foreign Affiliates ,
Foreign Ownership ,
Freight Forwarding ,
Iran ,
Iran Sanctions ,
Maritime Transport ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Ownership Interest ,
Port Authority ,
Ports ,
Registration Requirement ,
Russia ,
SDN List ,
Shipping ,
Special Purpose Vehicles ,
U.S. Treasury ,
Vessels
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
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
Typically, the Bureau of Industry and Security (BIS) within the U.S. Department of Commerce administers export controls on end users by designating those persons on one of its public screening lists—e.g., the Unverified List,...more
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
As federal regulators have recently made clear, steamship lines, non-vessel-operating common carriers, indirect air carriers, freight forwarders, and others involved in the global movement of cargo must ensure that their...more
1/24/2024
/ Air Cargo ,
Air Carriers ,
Bureau of Industry and Security (BIS) ,
China ,
Common Carriers ,
Compliance ,
Department of Justice (DOJ) ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Extraterritoriality Rules ,
Freight Forwarding ,
Iran ,
Maritime Transport ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
Russia ,
Shipping ,
Shipping Cargo ,
Vessels
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
9/28/2023
/ Australia ,
Biden Administration ,
Construction Industry ,
Defense Sector ,
Economic Sanctions ,
Energy Sector ,
EU ,
Financial Transactions ,
Foreign Policy ,
General Licenses ,
Manufacturers ,
Military Conflict ,
New Zealand ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Supply Chain ,
Technology Sector ,
UK ,
Ukraine
As members of Congress continue to negotiate government spending levels allotted for the next fiscal year, the United States is poised for its fourth partial government shutdown in the last decade—putting at risk the regular...more
9/26/2023
/ Appropriations Bill ,
Bureau of Industry and Security (BIS) ,
Census Bureau ,
Customs and Border Protection ,
Department of Transportation (DOT) ,
Directorate of Defense Trade Controls (DDTC) ,
Federal Budget ,
Federal Maritime Commission ,
Government Agencies ,
Government Shutdown ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
U.S. House