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OFAC Issues Guidance Extending Statute of Limitations to 10 Years

On April 24, 2024, President Biden signed into law the 21st Century Peace through Strength Act, Pub. L. No. 118-50, div. D. Part of the Act included a provision extending the statute of limitations for civil and criminal...more

Biden Administration Increases Tariffs on Imports of Aluminum and Steel

On July 10, 2024, the Biden Administration announced tariff increases on imports of aluminum and steel products. The tariff increases are the latest measure to combat the circumvention of Section 301 duties imposed against...more

Biden Administration Issues Executive Order to Restrict U.S. Investment in Chinese Technology Sectors

Last week, President Biden issued an Executive Order outlining the long-anticipated proposed restrictions on outbound U.S. investments in entities located in China or otherwise subject to China’s jurisdiction. The Executive...more

Biden Administration No Longer Approving Export Licenses to Chinese Tech Giant Huawei

According to recent reports, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) has stopped granting export licenses to Huawei Technologies Co. Ltd. (“Huawei”). The U.S. government has long sought to...more

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