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December 28, 2020

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BIS Publishes Guidance on FDP Rule Changes, as it Relates to the Entity List

December 28, 2020 Trade Translation
BIS Publishes Guidance on FDP Rule Changes, as it Relates to the Entity List

The Bureau of Industry and Security (BIS) has published a set of frequently asked questions in an effort to provide guidance on its summer update to the foreign direct product rule, which increased restrictions on particular foreign trade items. The guidance includes FAQs that explain how restrictions apply to companies and goods, and how they…

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USMCA Fixes in End of Year Legislative Package

December 28, 2020 Trade News, Trade Translation
USMCA Fixes in End of Year Legislative Package

The end of year legislative package will include certain fixes for USMCA, including the restoration of Merchandise Processing Fee (MPF) refunds for post-entry fillings. The MPF previously was not refunded unless your USMCA claim was made at time of entry. Now it will be refundable if making a post entry claim such as a Protest…

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BIS Adds 77 Entities to Entity List, Including China’s Top Chipmaker SMIC

December 28, 2020 Trade Translation
BIS Adds 77 Entities to Entity List, Including China’s Top Chipmaker SMIC

Continuing their focus on parties which have ties to the Chinese military, the Bureau of Industry and Security (BIS) has added 77 entities and people to the Entity List. The Department of Commerce (DOC) has also added a new Military End User (MEU) List this week, which includes 58 Chinese companies. This is part of…

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