http://www.law360.com/internationaltrade Latest articles for: International Trade Copyright 2012 Portfolio Media, Inc. en-US Wed, 22 Feb 2012 19:13:25 +0000 http://www.law360.com/internationaltrade/articles/312072 http://www.law360.com/internationaltrade/articles/312072 A bill introduced Friday in the U.S. House of Representatives would allow the U.S. Department of Commerce to impose countervailing duties on imports from China, effectively negating a Federal Circuit ruling that Commerce lacks the authority to do so. Wed, 22 Feb 2012 18:34:32 +0000 http://www.law360.com/internationaltrade/articles/311944 http://www.law360.com/internationaltrade/articles/311944 U.S. regulators have launched a formal probe into allegations that one of Cobalt International Energy Inc.’s oil drilling contractors bribed foreign officials in Angola, Cobalt said Tuesday. Wed, 22 Feb 2012 16:16:01 +0000 http://www.law360.com/internationaltrade/articles/311930 http://www.law360.com/internationaltrade/articles/311930 A former executive for one-time Halliburton Co. subsidiary KBR Inc. was sentenced Wednesday in Texas federal court to one year of unsupervised probation and a $20,000 fine for his part in a scheme to bribe Nigerian government officials for natural gas contracts. Wed, 22 Feb 2012 15:38:17 +0000 http://www.law360.com/internationaltrade/articles/311905 http://www.law360.com/internationaltrade/articles/311905 Facing stiff criticism and protests, the European Commission said Wednesday that it was referring the Anti-Counterfeiting Trade Agreement to the European Court of Justice to independently clarify the legality of the pact. Wed, 22 Feb 2012 15:27:38 +0000 http://www.law360.com/internationaltrade/articles/312063 http://www.law360.com/internationaltrade/articles/312063 The Second Circuit on Wednesday amended its partial dismissal of a McKinsey & Co. consultant's conviction for violating the U.S. embargo of Iran, saying it should have sent the counts it dismissed back to the trial court instead of tossing them outright. Wed, 22 Feb 2012 15:04:11 +0000 http://www.law360.com/internationaltrade/articles/312068 http://www.law360.com/internationaltrade/articles/312068 Vietnam on Monday launched another dispute in the World Trade Organization over U.S. anti-dumping duties on Vietnamese shrimp exports, following the judicial body's earlier condemnation of the U.S.' use of zeroing to calculate the duties. Wed, 22 Feb 2012 13:16:11 +0000 http://www.law360.com/internationaltrade/articles/311554 http://www.law360.com/internationaltrade/articles/311554 The U.S. Court of International Trade on Tuesday upheld the U.S. Department of Commerce’s refusal to prorate an Indian shrimp importer's selling expense when determining anti-dumping duties, finding the figures did not conflict with calculations set in prior reviews. Tue, 21 Feb 2012 18:36:59 +0000 http://www.law360.com/internationaltrade/articles/311500 http://www.law360.com/internationaltrade/articles/311500 The U.S. and China have reached an agreement to increase exports of American tent-pole films by more than 50 percent, resolving a long-standing World Trade Organization dispute over Beijing’s movie import restrictions, Vice President Joe Biden announced Friday. Tue, 21 Feb 2012 17:51:57 +0000 http://www.law360.com/internationaltrade/articles/311626 http://www.law360.com/internationaltrade/articles/311626 The U.S. Chamber of Commerce and 33 other business organizations on Tuesday sent a letter to the federal government seeking explanations of various provisions of the Foreign Corrupt Practices Act, saying a lack of clarity is bad for business. Tue, 21 Feb 2012 17:47:43 +0000 http://www.law360.com/internationaltrade/articles/311442 http://www.law360.com/internationaltrade/articles/311442 The U.S. and Mexican governments struck an agreement Monday to open some 1.5 million acres of the Gulf of Mexico along the countries' maritime boundary for joint oil and gas development. Tue, 21 Feb 2012 16:49:02 +0000 http://www.law360.com/internationaltrade/articles/311511 http://www.law360.com/internationaltrade/articles/311511 The Federal Circuit on Tuesday upheld food importer Aromont USA Inc.'s successful challenge to the 100 percent duty rates assessed on its meat and vegetable stock products, finding that the imports had been misclassified. Tue, 21 Feb 2012 16:46:04 +0000 http://www.law360.com/internationaltrade/articles/311461 http://www.law360.com/internationaltrade/articles/311461 The U.S. Food and Drug Administration on Tuesday issued detailed guidelines encouraging pharmaceutical and biologics manufacturers to voluntarily report problems that may cause drug shortages, and announced the temporary importation of an unapproved foreign drug to relieve the Doxil shortage. Tue, 21 Feb 2012 16:37:40 +0000 http://www.law360.com/internationaltrade/articles/311487 http://www.law360.com/internationaltrade/articles/311487 A free trade deal between the U.S. and South Korea — which is expected to lower tariffs on hundreds of U.S. exports and support at least 250,000 American jobs — will go into effect March 15, U.S. officials said Tuesday. Tue, 21 Feb 2012 13:39:44 +0000 http://www.law360.com/internationaltrade/articles/309919 http://www.law360.com/internationaltrade/articles/309919 Despite a recent announcement by the U.S. Department of Commerce that it will stop using zeroing in administrative reviews of anti-dumping duties, the years-long battle over the controversial methodology is far from over, attorneys say. Tue, 21 Feb 2012 13:33:08 +0000 http://www.law360.com/internationaltrade/articles/311441 http://www.law360.com/internationaltrade/articles/311441 The federal government on Tuesday dropped its vast Foreign Corrupt Practices Act case accusing more than 20 military equipment industry executives of bribing Gabonese officials to win business, ending years of unsuccessful prosecution and dealing a major setback to the U.S. Department of Justice. Fri, 17 Feb 2012 21:02:38 +0000 http://www.law360.com/internationaltrade/articles/311269 http://www.law360.com/internationaltrade/articles/311269 The U.S. International Trade Commission on Friday handed Apple Inc. victory in a suit brought by HTC Corp., upholding an administrative law judge's initial determination that Apple hadn't infringed one of HTC's patents covering smartphone technology and ending its investigation. Fri, 17 Feb 2012 20:55:00 +0000 http://www.law360.com/internationaltrade/articles/311128 http://www.law360.com/internationaltrade/articles/311128 The U.S. Securities and Exchange Commission has hit Halliburton Co. with a subpoena related to a company investigation into its Angolan operations for possible violations of the Foreign Corrupt Practices Act, the energy services giant disclosed Thursday. Fri, 17 Feb 2012 19:39:13 +0000 http://www.law360.com/internationaltrade/articles/311045 http://www.law360.com/internationaltrade/articles/311045 The Ninth Circuit on Friday rejected an environmental group's bid to revive a lawsuit accusing the U.S. Department of State of failing to properly consider whether foreign fleets harmed sea turtles in the process of capturing shrimp later sold in the U.S. Fri, 17 Feb 2012 19:00:10 +0000 http://www.law360.com/internationaltrade/articles/311196 http://www.law360.com/internationaltrade/articles/311196 A European regulator warned on Friday that Novartis AG’s blood pressure drug Rasilez should not be prescribed to certain patients with Type 1 or Type 2 diabetes or kidney problems, and called for warnings to be included in the labeling of such medications in the European Union. Fri, 17 Feb 2012 18:58:25 +0000 http://www.law360.com/internationaltrade/articles/310786 http://www.law360.com/internationaltrade/articles/310786 Amanda DeBusk, chair of the international trade department at Hughes Hubbard & Reed LLP, has been appointed to the sanctions subcommittee of the U.S. Department of State's Advisory Committee on International Economic Policy, the firm announced Wednesday.