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America First Investment Policy Restricts Adversaries and Welcomes Investment from Allies

On February 21, 2025, President Trump issued a memorandum titled "America First Investment Policy" (the “Policy”), outlining new measures to shape U.S. investment policy. Though the Policy makes it clear that the United...more

U.S. Issues Unprecedented Order Restricting Investment in China

Senator Cornyn made the above statement on the Senate floor on November 14, 2023, while advocating for his colleagues to pass the Outbound Investment Transparency Act as part of the 2024 National Defense Authorization Act...more

The Mergers & Acquisitions Review: US Trade Compliance Due Diligence 2024

In addition to a myriad of issues to consider during M&A transactions, parties should conduct due diligence related to US trade regulations and the often-related foreign investment regulations that arise in the context of an...more

Identities of Investment Fund Limited Partners in CFIUS Reviews

As deals increase in complexity, and ownership structures are oftentimes opaque and obfuscated, it is important to be mindful of CFIUS’s continued stance of requesting identities of Limited Partners (LPs) in transactions...more

Treasury Releases CFIUS 2023 Annual Report

On July 23, 2024, the Committee on Foreign Investment in the United States (“CFIUS” or “the Committee”) released its annual report to Congress regarding the Committee’s national security reviews and investigations of certain...more

Less Bark and More Bite? CFIUS Proposed Rule Enhancing Enforcement Capabilities

A new proposed rule issued by the Committee on Foreign Investment in the United States (CFIUS) seeks to expand the scope of information that CFIUS can request from parties, expand its ability to monitor and investigate...more

CFIUS Updates: New FAQs Clarify Positions; Possible Expansion of Scope of Real Estate Review

In our recent article Amid TikTok Tensions, CFIUS Signals Increased Enforcement and Other Updates, we discussed updates from the Committee on Foreign Investment in the United States (“CFIUS” or “the Committee”) primarily with...more

Torres Talks Trade Podcast Episode 7 on the Committee on Foreign Investment in the United States (CFIUS) [Video]

This week’s episode discusses the Committee on Foreign Investment in the United States "CFIUS," the U.S. interagency body that reviews foreign investment for national security purposes. Host Olga Torres is joined by Albert...more

CFIUS Heightens Scrutiny of Non-Notified Transactions

For many years, the Committee on Foreign Investment in the United States (“CFIUS”) has had the authority to review non-notified transactions – deals which have not been submitted to CFIUS for review and approval – but until...more

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