An Illinois federal judge sentenced the operator of a U.S.-based honey broker to three years in federal prison for his role in a scheme to evade nearly $38 million in tariffs on imports of Chinese honey into the U.S., the U.S. Department of Justice announced Thursday.
With negotiations for the Trans-Pacific Partnership in their final stages, now is the time to address long-standing issues that have affected trade with Japan in the automotive and agricultural sectors, the U.S. trade representative said Thursday.
President Barack Obama on Thursday urged Congress to hold off on legislation that would ramp up economic sanctions against Iran while negotiators pursue an interim deal to stem the Middle Eastern country's nuclear program.
The U.S. Consumer Product Safety Commission on Wednesday proposed requiring companies to adhere to the voluntary recall plans they negotiate with the agency or face court action, a move that one commissioner criticized as a “momentous shift” from the rule intended by agency staff.
Secretary of Commerce Penny Pritzker on Thursday unveiled a plan meant to promote U.S. exports and attract foreign investment, which she said will help build on the economic progress has made in the wake of the recent recession.
The chairman of the House Ways and Means Committee on Wednesday called for action from the Obama administration to address possible currency manipulation through trade agreements such as the proposed Trans-Pacific Partnership.
The AFL-CIO said Tuesday that the U.S. should not pursue a potential investment pact with China because of China's poor track record on labor rights and a dispute settlement system that may allow state-owned Chinese companies to challenge U.S. laws.
France on Thursday became the 10th country to sign a pact with the U.S. to exchange tax information in order to combat offshore tax evasion, the U.S. Department of the Treasury said.
WikiLeaks on Wednesday released what it says is a draft of the Trans-Pacific Partnership's intellectual property chapter, with the anti-secrecy organization's founder, Julian Assange, calling the proposed provisions an attack on free speech and individual rights.
A bipartisan group of more than 170 lawmakers in the U.S. House of Representatives recently said they oppose granting President Barack Obama's so-called fast-track authority to push through trade agreements, potentially complicating the administration's plans to swiftly enact a proposed free trade deal with 12 Pacific Rim countries.
The U.S. Court of International Trade on Wednesday affirmed a decision by the U.S. Department of Commerce that kept anti-dumping duties on imports of plastic bags from Thailand, rejecting arguments from both the Thai respondents and U.S. producers faulting the department's review methodology.
Lawmakers on both sides of the aisle called Wednesday for a ramp-up of economic sanctions against Iran, saying an interim diplomatic deal pursued by the Obama administration would actually undermine efforts to press the Middle Eastern nation into halting its nuclear program.
Chinese energy giant CNOOC Ltd. has inked an agreement with the Canadian province of British Columbia giving it exclusive rights to pursue a liquefied natural gas export project on government-owned land for CA$24 million ($23 million), B.C. authorities said Tuesday.
European consumer watchdog groups on Tuesday warned that a proposed free-trade deal between the United States and the European Union could weaken environmental, food-safety and other regulations, and said spurring trade on both sides of the Atlantic shouldn't be reached at the expense of critical standards.
More than three dozen trade advocacy groups sent a letter to the U.S. Trade Representative Tuesday asking whether they had been spied on by the federal government, following revelations that the National Security Agency had conducted surveillance for other U.S. agencies, including the USTR's office.
With a plan to use sampling more often to select respondents in anti-dumping reviews, the U.S. Department of Commerce is looking to close a gap in its enforcement of duty orders on smaller exporters, but attorneys say the sampling method's reach will likely be limited.
The devastating typhoon that ripped through the Philippines this weekend is adding a new sense of urgency to the United Nations global emissions negotiations that just began in Poland, as experts say the massive storm could spur progress toward a major agreement.
A group of U.S. lawmakers from western states on Tuesday urged Energy Secretary Ernest Moniz to act on Jordan Cove Energy Project LP's bid to export liquefied natural gas from a $7.5 billion project in Oregon, as well as other West Coast-based LNG export applications.
The head of the World Trade Organization on Tuesday pushed the group's members to come together on a package of trade concessions, saying the proposed deal could fall apart if they don't reach agreement in the next few days.
The full Federal Circuit on Friday decided not to review a decision reviving a U.S. International Trade Commission patent suit brought against Motorola Mobility Inc. by Apple Inc., rejecting Motorola's argument that the decision was "completely divorced" from the U.S. Supreme Court's obviousness precedents.
The Chilean Supreme Court's recent judgment in a compressors case should have important ramifications for the abilities of Chile’s competition enforcement agency, Fiscalía Nacional Económica. Significantly, it is now clear that Chile’s Competition Act can reach anti-competitive acts that directly affect the national market, regardless of where that conduct occurs, says Michael Jacobs of Fiscalía Nacional Económica.
In a move reminiscent of recent guidance on the U.S. Foreign Corrupt Practices Act, Russia’s Supreme Court has weighed in on Russian anti-corruption law — the first such guidance in 13 years. From the perspective of multinational companies, two of the most significant aspects are likely to be guidance on what qualifies as a bribe under the Russian law and its expanded definition of an extortion defense, say attorneys with Debevoise & Plimpton LLP.
President Obama seems to be of the view that if law school were reduced to two years, students would incur two-thirds of the expense of attending law school, be burdened by two-thirds of the debt they currently have, and be generally economically better off than they are today after three years of law school. Most startling about the president’s proposal, however, is that he did not discuss the educational effect of his suggestion on the students or the effect on their clients, says Fred Isquith of Wolf Haldenstein Adler Freeman & Herz LLP.
When it comes to preventing cyberattacks, the U.S. government can’t protect its own networks, let alone those of large law firms. And when it comes to deterring and punishing intruders, our government offers even less. We have to do more than play defense. We didn’t reduce street crime by requiring pedestrians to buy better body armor every year, says Stewart Baker, a partner with Steptoe & Johnson LLP and former assistant secretary for policy at the U.S. Department of Homeland Security.
The potential for nonpracticing entities to exploit Section 337 actions for “hold up” value has generated alternative measures designed to thwart abuse. These measures should be evaluated taking into account the significant statutory and procedural differences between patent infringement actions in the federal district courts and in the U.S. International Trade Commission, say Paul Zegger and James High Jr. of Sidley Austin LLP.
What should an attorney do in the middle of a deposition if her client answers in a way that suggests a misunderstanding of the question or sudden memory loss? She will likely want to confer with her client at the next available opportunity, but her ability to do so without waiving privilege will depend, in part, on where the deposition is taking place, say attorneys with Pillsbury Winthrop Shaw Pittman LLP.
The Committee on Foreign Investment in the U.S.'s broad authority came into focus recently when Polaris Financial Technology announced that the agency had ordered it to divest its ownership stake in a U.S. company. In light of Polaris' misadventure, parties involved in cross-border transactions should be aware of the three important points in CFIUS' recent activism, say Richard Matheny and Gus Coldebella of Goodwin Procter LLP.
Although the government shutdown and the debt ceiling crisis are occasionally conflated, they have distinct effects on government operations and on parties interacting and transacting with the government, says Boris Bershteyn, of counsel with Skadden Arps Slate Meagher & Flom LLP and former general counsel of the White House Office of Management and Budget.
Canada's recent prosecution of the first individual ever convicted under the Canadian equivalent to the Foreign Corrupt Practices Act shows that now more than ever, if your company receives a knock on the door from U.S. regulators regarding alleged violations of the FCPA or another federal law touching on international business, your company may also receive a visit from foreign regulators, say Steven Pelak and Jason Prince of Holland & Hart LLP.
The financial and legal risks of offset commitments for the increasing number of U.S. defense contractors exploring international markets may not have received much visibility to date, but with traditional markets shrinking and defense spending on the rise in several regions of the world where security threats are increasing, it is certain that the ability of U.S. companies to satisfy offset obligations will no longer be “below the radar,” says Robert Metzger of Rogers Joseph O'Donnell PC.