International Trade

  • December 6, 2012

    Standard Chartered To Pay $330M More Over Iran Violations

    Standard Chartered PLC announced Thursday that it expects to pay about $330 million to U.S. authorities to resolve claims it helped Iranian government-backed banks transfer more than $250 billion in violation of U.S. sanctions, following an earlier $340 million settlement with the New York Department of Financial Services.

  • December 6, 2012

    Teamsters Tell DC Circ. DOT Eased Mexican Trucker Standards

    The International Brotherhood of Teamsters urged the D.C. Circuit on Thursday to put the brakes on a cross-border trucking program with Mexico, claiming the U.S. Department of Transportation is holding Mexican drivers and trucks to lower medical, safety and emissions standards than their American counterparts.

  • December 6, 2012

    Senate Passes Bill To Normalize Trade With Russia

    The Senate on Thursday passed legislation to remove a set of Cold War-era restrictions and grant normal trade status to Russia, a move that would allow the U.S. to realize the benefits of Russia's recent entrance into the World Trade Organization.

  • December 6, 2012

    US, EU Request WTO Panel In Argentine Import Dispute

    The United States, the European Union and others have asked the World Trade Organization to resolve a dispute over Argentina's import restrictions, a top U.S. trade official said Thursday, a day after Argentina trumpeted its own WTO challenges against the U.S. and EU.

  • December 5, 2012

    Feds Charge 4 Over Carbon Fiber Exports To Iran, China

    Federal prosecutors in New York on Wednesday accused four men of working to export materials from the U.S., including carbon fiber that can be used in uranium enrichment and military munitions, to China and Iran in violation of the International Emergency Economic Powers Act, which restricts such exports.

  • December 5, 2012

    Argentina Files WTO Complaints Against US, EU

    Argentina announced Wednesday it had lodged a formal complaint in the World Trade Organization against the United States and European Union over barriers against the importation of Argentine lemons, beef and biodiesel fuel.

  • December 5, 2012

    DOE Study Gives Thumbs-Up To Increased LNG Exports

    The U.S. Department of Energy on Wednesday released a long-awaited study recommending the wider export of liquefied natural gas, potentially paving the way for the regulatory approval of 15 pending LNG export facility applications.

  • December 5, 2012

    Motor Oil Exec Pleads Guilty In Iran Export Scheme

    The former manager of motor oil company Delfin Group USA LLC pled guilty Tuesday in South Carolina federal court to charges that he attempted to skirt a U.S. trade embargo on Iran by sending shipments through the United Arab Emirates.

  • December 5, 2012

    House Sends Long-Delayed Int’l Patent Treaties To Obama

    The U.S. House of Representatives signed off Wednesday on a bill to implement a pair of Clinton-era treaties designed to help American inventors secure foreign patent protection, finally sending the long-stalled pacts to the president's desk.

  • December 5, 2012

    Samsung Says ITC Ban In Apple Fight Would Hurt Consumers

    Barring Samsung Electronics Co. Ltd. products that a U.S. International Trade Commission judge said infringed Apple Inc. patents from entering the U.S. would hurt consumers by stifling competition and create a void in the marketplace that Apple can't fill, Samsung told the ITC on Monday.

  • December 5, 2012

    US Shipping Law Supports Antitrust Breaches, Suit Says

    Purchasers of ocean shipping services hit the U.S. with a proposed class action in Hawaii federal court last week, alleging that a law meant to protect American shippers from foreign rivals let purchasers fall prey to the anti-competitive behavior of two shipping companies.

  • December 5, 2012

    EU Accuses Russia Of Not Meeting WTO Pledges

    The European Union's trade chief said Wednesday that Russia was not complying with its free trade commitments to the World Trade Organization, warning that the EU might file a formal complaint against the new WTO member.

  • December 4, 2012

    Tech Giants Debate ITC Import Bans Over Essential Patents

    The question of whether owners of standard-essential patents should be able to obtain injunctions on infringing products sparked heated comments submitted to the U.S. International Trade Commission on Monday, with Intel Corp. and others saying such orders should be barred and Motorola Mobility LLC and others saying they should remain available.

  • December 4, 2012

    Repsol Targets Chevron Over YPF Oil Development Deal

    Spanish oil company Repsol SA hit Chevron Corp. with a lawsuit in New York federal court Tuesday in an effort to block its partnership with YPF SA, which was previously controlled by Repsol, to develop oil and gas resources in Argentina.

  • December 4, 2012

    Talbots Claims 'Sexist' Tariffs Flout Constitution

    Women's clothing retailer The Talbots Inc. on Thursday challenged the U.S. government’s imposition of higher duties on certain imported merchandise for women than on similar goods for men, arguing such a gender-based skew is unconstitutional because it violates the due process clause.  

  • December 4, 2012

    Ex-Im Bank OKs $2B In Financing For Indian Oil Project

    The U.S. Export-Import Bank voted to loan Reliance Industries Ltd. $1.06 billion and to guarantee a matching $1.06 billion loan by JPMorgan Chase & Co. to support the export of U.S. goods for the Indian conglomerate's expansion projects at an oil refinery complex in Gujarat, the bank announced Tuesday.

  • December 4, 2012

    Importers Didn't Breach Kaneka's Enzyme Patent, ITC Finds

    The U.S. International Trade Commission issued a final ruling Thursday that Mitsubishi Gas Chemical Co. Inc. and several other importers hadn't infringed Kaneka Corp.'s patented method for making dietary supplement coenzyme Q10.

  • December 4, 2012

    China's Low-Priced Solar Imports Hurt US Industry, ITC Says

    The U.S. International Trade Commission said in a report unveiled Tuesday that undervalued imports of Chinese solar panel products have caused U.S. solar panel producers to lose market share and prevented the American industry from covering its production costs.

  • December 4, 2012

    WTO Gives US Until May To Change Meat Origin Labeling

    The U.S. has until May 23 to bring its country-of-origin labeling into compliance with World Trade Organization rules, an arbitrator said Monday, after a panel determined that labeling requirements discriminated against livestock being imported from Canada and Mexico.

  • December 4, 2012

    Dechert Adds Hogan Lovells International Trade Partner In DC

    Dechert LLP has brought a former Hogan Lovells partner to its Washington, D.C., office, a move that expands the firm's international trade practice in the U.S., Dechert said Monday.