International Trade Law360 provides breaking news and analysis on international trade law. Coverage includes import/export-related litigation, tariff disputes, customs controls, and policy developments related to global trade.
After more than a year in limbo, ZTE Corp. was removed from the U.S. Department of Commerce’s corporate blacklist Wednesday in the wake of its deal to pay $892 million in penalties for illicit sales of sensitive technology to Iran and North Korea.
European Council President Donald Tusk warned on Wednesday that Brexit would be a matter of “damage control,” with the European Union to focus on protecting its own businesses and citizens in the remaining 27 member states.
British Prime Minister Theresa May on Wednesday formally launched the process of taking Britain out of the European Union after more than four decades of shared institutions and laws, setting the stage for at least two years of complex divorce negotiations.
Although President Trump has pulled the plug on the Trans-Pacific Partnership and wishes to renegotiate NAFTA, there is no evidence he is against investor-state dispute settlement clauses themselves. We may gain insight into the president's future approach toward ISDS through an investment arbitration left on the White House's table, says Stephanie Hunt of Corrs Chambers Westgarth.
The leader of the chief tax-writing committee in the House of Representatives said that it “wouldn’t make sense” for the White House to release its own tax plan when the House Republicans already have a blueprint ready to go.