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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.