CIT Rules USTR Had Authority to Impose Section 301 Tariffs—Not All Lost for Importers

CIT Rules USTR Had Authority to Impose Section 301 Tariffs—Not All Lost for Importers

Although the Court of International Trade’s (CIT) findings that the Office of the U.S. Trade Representative (USTR) had authority to impose Lists 3 and 4A tariffs did hit the over 3,600 lawsuits challenging the tariffs hard, not all is lost for the importers. In the long-awaited opinion, the court ruled against the plaintiffs' argument that…

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Executive Order Bans Luxury Goods to Russia & More

Executive Order Bans Luxury Goods to Russia & More

On March 11, President Joe Biden issued an executive order that bans luxury goods headed to Russia. This includes vehicles, jewelry, high-end alcohol, and high-end watches. A fact sheet states that Russians import about $550 million worth of these goods a year. New banking-related and financing restrictions have also been announced, as well as blocking…

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Overview of U.S. Export Controls for Russia

Overview of U.S. Export Controls for Russia

Through last week, BIS issued additional rules restricting exports to Belarus, updating previous changes to the Russia-related restrictions, and expanding sectoral sanctions on the Russian oil refining sector. Below we provide a brief summary of the new rules and restrictions. Belarus Export Controls and Changes in Scope to Existing Controls for Russia (Effective as of…

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Updates on More Sanctions on Russia

Updates on More Sanctions on Russia

The U.S. has announced another set of “expansive” Russia sanctions. The designations include more than 80 people and entities in Russia or Ukraine that either offer financial support to the Kremlin or help the government “promulgate disinformation and influence perceptions.” The State Department is also sanctioning 22 Russian defense firms, including entities that develop and…

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