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CFIUS Volume Growth Calls for Reforms: GAO Report

Since 2000, the number of mitigation agreements has steadily increased, approximately quadrupling in the last decade
The Committee on Foreign Investment in the United States (CFIUS) has seen explosive caseload in recent years, though a performance audit finds the committee organization and management has struggled to keep up, according to a report released  by the General Accounting Office (GAO).
Carrie Furnace, Homestead, PA
Wednesday the White House took bold actions to shore up the president's standing with the rapidly shrinking pool of  voters in American steel manufacturing and shipbuilding.   "I’m proud to be the most pro-union president in American history, for real,"he told an audience in Pittsburgh.  "Where I was raised, it ain’t labor; it’s unions,"     
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FDP Rule Scope Expanded for Iran, Russia, Belarus

Effective April 18th, a new rule from BIS amends the EAR to impose new controls restricting Iran’s access to additional low-level technology, including items manufactured outside the United States that are produced using U.S. technology. The rule also expands the scope of the Russia/Belarus/Temporarily occupied Crimea region of Ukraine Foreign Direct Product (FDP) rule and the Iran FDP rule: the items in supplement no. 7 to part 746 will now include the entirety of the ‘Common High Priority List’ (CHPL).

Senate Focus on Export Control Enforcement

Wednesday Senators Mitt Romney (R-UT) and Maggie Hassan (D-NH), introduced bipartisan legislation to bolster the Export Enforcement Coordination Center—an interagency hub for information sharing and coordination among the key agencies responsible for export control enforcement. At a hearing Thursday, officials from Commerce, Justice and Homeland Security were unanimous in their call for resources from Congress.

Welcome to Your WTTL

The Washington Tariff and Trade Letter introduces a web-based format for easier review, research and sharing.  Clicking on a story in the newsletter will now bring you to the full text on our new web site. A .pdf version of the newsletter is available below.   For any questions about website access and your subscription, please contact us at Info@TradeRegs.com – Or call the Editor, Frank Ruffing, at +1.703.283.5220

The latest news

Solar AD/CVD Case Initiated to Block Solar Workaround

US International Trade Commission announced the institution of investigations and commencement of a preliminary phase antidumping and countervailing duty investigation imports of crystalline silicon photovoltaic cells, whether or not assembled into modules, from Cambodia, Malaysia, Thailand and Vietnam,  alleged to be sold in the United States at less than fair value and alleged to be subsidized by the named governments.  Unless the Department of Commerce extends the time for initiation, the Commission must reach a preliminary determination in antidumping and countervailing duty investigations in 45 days, or in this case by June 10, 2024.

Treasury Sanctions More Iran UAV Suppliers

Treasury’s Office of Foreign Assets Control is sanctioning over one dozen entities, individuals, and vessels that have played a central role in facilitating and financing the clandestine sale …
More trade & tariff news

"Toothless" EU Forced Labor Legislation Passed

The European Parliament has given its final approval to a new regulation enabling the EU to prohibit the sale, import, and export of goods made using forced labour. Originally proposed in 2021, the rulemaking had been stymied by resistance from industry groups, with the final result lacking much of the efficacy of the US version, the Uyghur Forced Labor Protection Act.

Medical Device Exception to Russian Sanctions

Bureau of Industry and Security (BIS) makes changes to the Russia and Belarus sanctions under the Export Administration Regulations (EAR) to add a new license exception for EAR99 medical devices and related parts, components, accessories, and attachments for use in or with medical devices that are destined for both countries and the temporarily occupied Crimea region of Ukraine, or the covered regions of Ukraine. The purpose of this final rule is to authorize under a license exception certain exports, reexports, and transfers (in-country) of “medical devices” that are being regularly approved and that advance U.S. national security and foreign policy interests. In addition, this final rule makes two corrections to the EAR related to Russia-related rules published in January, and March, 2024 by correcting an end-user control and adding a cross-reference correction.

Ecuador Official Convicted in Odebrecht Bribery Case

A federal jury in Miami has convicted the former Comptroller General of Ecuador  for his role in a multimillion-dollar international bribery and money laundering scheme. According to court documents and evidence presented at trial, between 2010 to 2015, Carlos Ramon Polit Faggioni, 73, solicited and received over $10 million in bribe payments from Odebrecht S.A., the Brazil-based construction conglomerate.

USTR Releases Special 301 Report on IP Enforcement

The Office of the United States Trade Representative (USTR) today released its 2024 Special 301 Report on the adequacy and effectiveness of U.S. trading partners’ protection and enforcement of intellectual property (IP) rights.   “Many of the issues highlighted in the Special 301 Report demand collaborative efforts from our allies and partners,” said Ambassador Katherine Tai.  
On the calendar
At Tuesday's meeting of the Committee on Subsidies and Countervailing Measures (SCM), tensions were palpable. Key issues of contention included compliance failures with subsidy notifications and …
U.S. Secretary of Commerce Gina M. Raimondo and Kenyan Cabinet Secretary of Information, Communication and the Digital Economy Eliud Owalo "affirmed their shared priorities for strengthening the digital economy, promoting innovation, and increasing digital trade and investment between the United States and Kenya," according to a readout from the Commerce Department, At the Wednesday meeting the principals "reaffirmed their intention to cooperate on establishing interoperable privacy regimes and facilitating trusted cross-border data flows." Later Secretary Raimondo hosted a roundtable discussion with several leading women technology leaders in Kenya to "discuss the Biden-Harris Administration’s Digital Transformation with Africa initiative"
Today, the European Commission has initiated for the first time an investigation under the International Procurement Instrument (IPI) . This investigation has been launched in response to …
Tuesday the Treasury Department announced sanctions on Iranian cyber actors and representatives of Islamist extremists responsible for taking hostage U.S. nationals.
The Office of the United States Trade Representative (USTR) today announced that Katherine White will serve as USTR’s Chief Textiles and Apparel Negotiator. Ms. White previously served as International Trade Policy Advisor on the House Committee on Ways and Means.
Dassault Falcon 900ex registered to PDVSA

Arrest in Executive Jet Fleet Scheme for Venezuelans

The Justice Department today announced the unsealing of an indictment charging 10 defendants in a scheme to illegally procure aircraft parts, including Honeywell Turbofan Engines, from the United States to service PDVSA’s aircraft fleet in Venezuela, in violation of U.S. sanctions and export controls.

Individual Self Disclosure Pilot Announced

Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department's Criminal Division announced the outlines of a voluntary self-disclosure progam in a statement Monday …

Luxury Handbag Maker Sentenced for CITES Violations

Luxury handbag company Gzuniga Ltd., its founder Nancy Teresa Gonzalez de Barberi and Gonzalez’s associate Mauricio Giraldo were sentenced to prison today for illegally importing merchandise …

US Granted Observer Status in Indigenous Peoples Pact

The Office of the United States Trade Representative (USTR) announced Tuesday that the United States has become an Observer to the Partnership Council of the Indigenous Peoples Economic and Trade Cooperation Arrangement (IPETCA).  The current IPETCA participating economies are Australia, Canada, New Zealand, and Taiwan.