In recent weeks, we’ve seen significant activity from both the legislative and executive branches that could change the way foreign investment occurs in U.S. companies. Keep reading for a brief history of CFIUS reviews, and the proposed new legislation – FIRRMA.
On Friday, June 15, 2018, the U.S. Trade Representative (USTR) finalized a first-round of additional tariffs on specific Chinese goods. These new tariffs will impact an estimated $34 billion worth of imported goods from China.
Last week, FLIR Systems, Inc. entered into a Consent Agreement with Department of State, Directorate of Defense Trade Controls (“DDTC”) to settle 347 alleged violations of the ITAR. Keep reading for more details on what went wrong.
Lately, it’s been hard to keep up with the various actions and proposed actions concerning increased tariffs on steel and aluminum products imported into the United States, as well as the proposed retaliatory tariffs from other countries. Keep reading for the latest updates.
We field lots of questions about the difference between ITAR and EAR regulations, particularly with the changes from Export Control Reform in recent years. How can you distinguish ITAR vs. EAR?
Just like cooler temperatures and falling leaves are the harbingers of autumn, so too are the notifications that will soon be arriving from U.S. Customs and Border Protection (CBP) that your company has been selected for a Focused Assessment. What can you do to prepare for one of these assessments? How can you ensure that yours goes as smoothly as possible? Keep reading for some tips and guidance.
Have you ever struggled to determine the responsibilities and parties in a routed export transaction? If so, you’re not alone! Routed transactions make even the most experienced exporters pause. They have been described as dreaded, confusing, mysterious and complicated!
Have you ever travelled to a foreign country with your laptop or other electronic device? Are you planning to? These days, answers to these questions will almost unanimously be “yes.” But did you know that U.S. Customs and Border Protection (CBP) has the right to search – and if necessary, detain – your electronic device upon entry into the United States?
Earlier this month, DDTC published a new Consent Agreement with Bright Lights USA, Inc. of Barrington, New Jersey. This agreement alleges a variety of different ITAR violations, including technical data exports and failure to keep adequate records.
We all know that OFAC can impose civil penalties against any person who exports goods to a third party, when that person has reason to believe the goods are destined for Iran. But how far does OFAC have to go to prove that the goods were actually reexported to Iran? A recent decision by the U.S. Court of Appeals sheds some light.