If I heard it once, I’ve heard it a thousand times, China is the sourcing capital of the world. I’ve also repeated this statement at least 400+ times in many conversations over the years regarding global trade. China, it’s...more
We have been expecting tariffs on Canadian steel and aluminum imports to go into effect on Wednesday, March 12, 2025. Both steel and aluminum will be subject to 25% tariffs across the board. Unlike the tariffs that were...more
On Sunday, February 9, 2024, President Trump announced to a group of reporters aboard Air Force One that he intended to impose universal tariffs of 25 percent on all imports of steel and aluminum into the United States on...more
China announced overnight that it will impose its own tariffs in retaliation for the newly announced U.S. tariffs. China has indicated that, effective February 10, 2025, it will impose a 15% tax on certain types of coal and...more
In an Executive Order issued on January 10, 2020, the Trump administration announced the imposition of new sanctions relating to the construction, mining, manufacturing, and textile sectors of the Iranian economy and left...more
On January 10, 2020, the President signed a new Executive Order (EO), "Imposing Sanctions With Respect to Additional Sectors of Iran," targeting Iran's construction, mining, manufacturing, and textiles industries. On the same...more
The Trump Administration on January 10, 2020, issued broad new secondary sanctions with respect to Iran’s construction, mining, manufacturing, and textiles sectors in an effort to target additional sources of revenue used by...more
Saudi Aramco’s slow trickle of IPO-related information continued this weekend, including its goal of setting overall company market value at a staggering $1.7 trillion. The figure, though massive, is still well short of the...more
Google parent company Alphabet [and a host of chipmakers] formally suspended all business with Huawei “that requires the transfer of hardware, software and technical services except those publicly available via open source...more
On May 8, 2019, following Iran's announcement that it intends to suspend certain nuclear proliferation-related commitments under the Joint Comprehensive Plan of Action (JCPOA), the United States issued a new Executive order...more
Earlier this year, we posted our 2019 Corporate Compliance & Litigation Outlook. In the post, we said the following with respect to tariffs...more
NY Natural Gas Moratorium Due to Lack of Pipelines, but Some in Denial - "The slowing of economic development resulting from New York's political actions is a testament to what happens when energy becomes politicized." ...more
The global mining & metals sector spent much of 2018 in the thrall of macro uncertainty and geopolitical tensions. Heading into 2019, what does the underlying picture look like?...more