Insights on International Trade & Investment
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The TPP will undoubtedly increase the volume of food choices within the twelve nation pact. Congress is well aware of this anticipated increase in competition and will work to ensure that US border agencies have the resources to enforce regulations to guard against unsafe and counterfeit products.
On December 18, 2015 President Obama signed into law the Consolidated Appropriations Act, 2016 (H.R. 2029) that included Section 101 of Division O which officially ended the 40-year US ban on crude oil exports. The law also makes it very difficult to reimpose restrictions.
Readers of these posts know that we have been closely following developments of US “Buy America” requirements as they are applied to US construction projects ranging from wastewater management, flood control, urban light rail systems, and highway building.
As many of you are wrapping up operations today, I wanted to bring together some of my thoughts on TPP as 2015 comes to a close.
On Monday, November 30, 2015, Nordstrom and denim manufacturer AG Adriano Goldschmied filed a motion to approve a settlement in California federal court, agreeing to pay more than $4 million to settle a consumer class action suit that accused them of falsely labeling jeans as “Made in USA.”
There has been no let-up in the push for a final Trans-Pacific Partnership since the accord was signed by the 12-member countries on October 5th. This is especially true in the US, where US Trade Representative Michael Froman said that the agreement will be the template for future trade pacts.
Free trade agreements have a generic template that negotiators follow. After the various “feel good” provisions outlining the lofty objectives of said agreement, the text quickly turns to the nuts and bolts of the negotiations…
Sunday, October 18, 2015 marked the official “Adoption Day” of the July 14, 2015 Joint Comprehensive Plan of Action (JCPOA).
California passed Assembly Bill 60 (AB60) which allows the Department of Motor Vehicles to issue a driver’s license to any person, which could include an undocumented person, who cannot establish their legal presence in the US but otherwise meets licensing requirements to drive a motor vehicle.
On October 8, Bloomberg Politics broke down “How the White House Slices 18,000 Tax Cuts From Trade Deal” following the controversial 12-nation deal reached earlier that week.
Over the weekend, negotiators from the US, Canada, Mexico, Japan, and eight Pacific Rim countries agreed to the Trans-Pacific Partnership, the largest regional trade accord in history, accounting for more than 40 percent of the global economy.
By any standard, these are anxious times. For days, top negotiators from the Trans-Pacific Partnership (TPP) have been meeting in San Francisco and Washington, DC and taking up most of the cities’ available hotel rooms.
The Commerce Department’s Bureau of Industry & Security and the Treasury Department’s Office of Foreign Assets Control released amendments to the Export Administration Regulations and the Cuban Assets Control Regulations to further implement President Obama’s new Cuba policy to ease sanctions.
Despite the setbacks in Maui last month during the last ministerial meeting of the Trans-Pacific Partnership (TPP)[1] many still believe that the negotiators will resolve all outstanding items so that an agreement can be signed by the end of 2015 and implemented in the Spring 2016.
On May 20, 2015 the Bureau of Industry and Security (BIS) within the Department of Commerce (Commerce) published a proposed rule that will affect exports of products dubbed “cybersecurity items.”
Thirty-nine Arent Fox LLP attorneys have been rated as leaders in their profession by The Best Lawyers in America 2016.
On July 22, 2015 the Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to reflect the May 29, 2015 removal of Cuba from the list of state sponsors of terrorism.
On July 28, 2015, Mead Johnson Nutrition Company, an Illinois-based pediatric food producer, settled FCPA charges brought by the SEC for over $12 million.
The following alert is the fifth installment from Birgit Matthiesen for a planned series of cross-border trade updates.
The Iran Nuclear Agreement is 159 pages and there are a lot of steps and dates involved. We asked ourselves, “what exactly happens when?” and came up with the following practical roadmap.
The UN Office of the High Commissioner for Human Rights (OHCHR) is in the final stages of seeking input from business, government, and civil society on a new work program known as the Accountability and Remedy Project.
Earlier today, the United States, China, France, Russia, UK, and Germany (the “P5+1” nations) reached a historic final agreement with Iran to limit its nuclear program in exchange for sanction relief: the Joint Comprehensive Plan of Action Agreement (JCPOA).
On June 25, 2015, the US House of Representatives passed the Trade Preferences Extension Act of 2015 (the Act includes a Generalized System of Preferences renewal provision). President Obama is expected to sign the Act into law soon.
On June 24, the US Senate passed the Bipartisan Congressional Trade Priorities and Accountability Act, which will empower the Obama Administration to negotiate new trade agreements with its Pacific Rim and European Union trading partners based on strong congressional parameters.
In this episode of Fashion Counsel, Partner Anthony Lupo talks with former Senator Byron Dorgan, Senior Policy Advisor in the Government Relations practice.