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Global Trade Talks is a podcast that shares brief perspectives on key global issues on international trade, current events, business, law, and public policy as they impact our lives. In this podcast, hosts Nicole Simonian and Ambassador Robert Holleyman talk to Jason Prince, a Crowell & Moring Partner and immediate-past Chief Counsel to OFAC…

Two new rules announced by the U.S. Department of Commerce, Bureau of Industry and Security (BIS) strive to severely inhibit China’s progress in indigenously producing advanced semiconductors. Although advanced semiconductors are widely used for commercial applications, BIS cited serious concerns regarding China’s use of the technology for WMD and military applications, and enabling human rights…

To complement legislation introduced by Ohio Sens. Rob Portman (R) and Sherrod Brown (D), the House included changes to trade remedies law in the COMPETES Act. In addition to the updates outlined in our May 2021 update, the COMPETES Act also grants U.S. Customs and Border Protection (CBP) a statutory basis to investigate claims…

Comment Period for UFLPA Opens on January 24

As an update to our Uyghur Forced Labor Prevention Act (“UFLPA”) post, the public comment period will open on Monday, January 24, 2022.  A Federal Register Notice will be published on Monday and the 45-day comment period will end on March 10, 2022.  The UFLPA was…

This is an update to our December 22, 2021 post on the Uyghur Forced Labor Prevention Act.

On December 23, 2021, President Joe Biden signed into law the Uyghur Forced Labor Prevention Act (UFLPA). This action by President Biden comes a week after the law passed both chambers of Congress. After stalling in the Senate…

Wednesday, October 27, 2021 from 10:00 – 11:00 am EST

China’s advance pricing arrangement (“APA”) has been a valid tax planning tool for multinational companies. In fact, the China’s State Taxation Administration has developed a productive working relationship with the IRS’s Advance Pricing and Mutual Agreement (“APMA”) program.

This webinar introduces how companies with operations…

This is an update from our October 4, 2021 post on this topic.

On October 4, 2021, United States Trade Representative (USTR) Katherine Tai delivered a speech at the Center for Strategic and International Studies (CSIS) detailing the Biden Administration’s new strategy for managing U.S.-China trade relations. Tai announced that the USTR will restart a …

On October 4, 2021, United States Trade Representative (“USTR”) Katherine Tai delivered a speech at the Center for Strategic and International Studies (CSIS) highlighting the Biden Administration’s new strategy for navigating U.S.-China trade relations. Ambassador Tai focused her remarks on President Biden’s vision for a worker-centered trade policy in the U.S.-China trade dynamic, however the…

On September 24, 2021, the Chinese Ministry of Foreign Affairs (“MFA”) released the Fact Sheet: U.S. Interference in Hong Kong Affairs and Support for Anti-China, Destabilizing Forces (“Fact Sheet”) which sets out a comprehensive chronological list of events detailing the United States’ interference in Hong Kong. Click here to read the official translation of the

On September 16, 2021, China announced that its Minister of Commerce, Wang Wentao, submitted a formal application to New Zealand’s Minister of Trade and Export Growth to join CPTPP. This is accompanied by recent efforts by Chinese embassy officials to lobby the Australian parliament for assistance in joining the trading pact.

The pact, consisting of…