Tuesday, June 19, 2018 Sandler, Travis & Rosenberg Trade Report The Bureau of Industry and Security has issued an order suspending for ten years the export privileges of an individual convicted of knowingly and willfully exporting carbon fiber to China without the required BIS licenses. The man was previously sentenced to 36 months in prison […]
Monday, June 18, 2018 Sandler, Travis & Rosenberg Trade Report Hundreds of goods imported from China will be hit with an additional 25 percent tariff starting July 6 after a Section 301 investigation determined that China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation are unreasonable and discriminatory. This duty hike […]
Friday, June 15, 2018 Sandler, Travis & Rosenberg Trade Report An effort to limit the president’s ability to lift a ban on exports to a major Chinese telecommunications company is advancing in the Senate despite the White House’s objections. In April the Department of Commerce imposed a seven-year ban on exports to Zhongxing Telecommunications Equipment […]
Thursday, June 14, 2018 Sandler, Travis & Rosenberg Trade Report Two recent reports conclude that tariffs, quotas, or other trade restrictions that could be imposed in an ongoing section 232 national security investigation of automobiles and auto parts would have net negative impacts on the U.S. economy. The Department of Commerce self-initiated in May an […]
Wednesday, June 13, 2018 Sandler, Travis & Rosenberg Trade Report The Bureau of Industry and Security has concluded an anti-boycott investigation of a U.S. company with a warning letter rather than a penalty, citing specifically the company’s voluntary self-disclosure. According to BIS, in connection with the sale and/or transfer of goods to Korea for sale […]
Tuesday, June 12, 2018 Sandler, Travis & Rosenberg Trade Report Convertible Sofas. The International Trade Commission received June 7 on behalf of Sauder Manufacturing Company a petition requesting that it institute a Section 337 investigation regarding convertible sofas and components thereof. The proposed respondent is located in Canada. Section 337 investigations primarily involve claims regarding […]
Friday, June 08, 2018 Sandler, Travis & Rosenberg Trade Report A ban on exports to a major Chinese telecommunications company could be lifted soon after the Department of Commerce announced that the company has agreed to a significant fine and extensive compliance requirements. In March 2016 the Bureau of Industry and Security placed Zhongxing Telecommunications […]
Monday, June 11, 2018 Sandler, Travis & Rosenberg Trade Report A new penalty action from the Office of Foreign Assets Control highlights the importance of empowering compliance personnel to prevent transactions prohibited by U.S. economic and trade sanctions. OFAC states that entities should ensure their sanctions compliance teams are adequately staffed, receive sufficient technology and […]
Thursday, June 07, 2018 Sandler, Travis & Rosenberg Trade Report President Trump is reportedly considering pursuing individual trade agreements with Canada and Mexico amid dimming prospects for concluding talks on a revamped NAFTA. The NAFTA negotiations have been underway since last summer but have stalled in recent months as Canada and Mexico have refused U.S. […]
Wednesday, June 06, 2018 Sandler, Travis & Rosenberg Trade Report A U.S. company has entered into a non-prosecution agreement with the Department of Justice and agreed to pay $64.2 million in criminal penalties and disgorgement to resolve charges that it violated the Foreign Corrupt Practices Act. According to a DOJ press release, between 2004 and […]
Wednesday, June 06, 2018 Sandler, Travis & Rosenberg Trade Report A Florida man has been sentenced to 26 months in prison, to be followed by three years of supervised release, for conspiring to illegally export military-grade night vision rifle scopes, thermal monoculars, and ammunition primers to Russia. According to a Department of Justice press release, […]
Tuesday, June 05, 2018 Sandler, Travis & Rosenberg Trade Report Stainless Steel Flanges. The International Trade Administration has issued a countervailing duty order on stainless steel flanges from China, effective June 5. The ITA will direct U.S. Customs and Border Protection to assess CV duties on all unliquidated entries of subject goods entered or withdrawn […]