A key portion of the conference hosted earlier this month by the Committee on Foreign Investment in the U.S. focused on the committee’s increasing scrutiny of fund structures and identifying the roles of limited partners in investment transactions, law firms said this month.
Hours after President-elect Donald Trump said he would impose a 25% tariff on imports from Canada and Mexico until they take steps to address drugs and migrants crossing the border, Mexican President Claudia Sheinbaum warned that she might retaliate with her own set of trade restrictions.
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The U.S. government likely needs to change the way it's trying to convince Japan, the Netherlands and other allies to impose export controls on a broader set of semiconductor manufacturing equipment, including by potentially offering them economic incentives and loosening some existing export restrictions, researchers said in a new report this month. The authors also said the Bureau of Industry and Security should survey American chip toolmakers to better understand global chip markets, which can help it maximize the effectiveness of its current export restrictions.
The EU on Nov. 24 formally requested dispute settlement consultations at the World Trade Organization regarding China's antidumping duties on EU brandy imports. China has 10 days to respond to the request to find a mutually convenient format and date for the talks.
China has been “consistently” building a set of policy tools it can use to retaliate against the U.S. and other countries in response to trade controls or other restrictions, and companies could soon start seeing China deploy those tools more frequently, said David Hathaway, a consultant on China issues for The Asia Group.
Rep. Sean Casten, D-Ill., introduced a bill last week to require the Energy Department to examine the impact on climate change and other factors when considering permits for new liquefied natural gas (LNG) export terminals.
The Treasury Department’s lead official for the Committee on the Foreign Investment in the U.S. expects the committee to continue much of its existing efforts under the incoming Trump administration, including by prioritizing enforcement and compliance with mitigation agreements.
President-elect Donald Trump’s selection of billionaire businessman Howard Lutnick to be Commerce secretary (see 2411190036) drew mixed reaction on Capitol Hill this week.
The U.K. and India will relaunch talks on a free trade deal in 2025 after failing to reach an agreement in discussions over the last two years (see 2309010034), the U.K. announced this week after a meeting between their two leaders at the Group of 20 summit in Brazil. Business and Trade Secretary Jonathan Reynolds said the U.K. will look to lower Indian tariffs “to help British firms export to this dynamic market.”