The Office of Foreign Assets Control last week issued General License 49 authorizing parties to negotiate and enter into contingent contracts for new investment in Venezuela’s oil and gas sector, provided that performance of those agreements remains subject to separate…

The Office of Foreign Assets Control has introduced a new online Voluntary Self Disclosure Portal designed to streamline the submission of potential violations under sanctions programs it administers. The secure platform replaces prior submission methods with a centralized digital system…

The Consumer Product Safety Commission (CPSC) has published on its website a preliminary list of approximately 600 HTSUS classifications that are likely to cover products requiring electronic submission of certificate of compliance data beginning July 8. The agency emphasized that…

Effective February 7, 2026, the United States will remove the additional 25 percent ad valorem duty on products of India entering the U.S. market. In place of that measure, Indian imports will be subject to a revised reciprocal “Liberation Day”…

In a notable trade case, the Court of International Trade addressed an Importer of Record attempt to retroactively claim section 301 exclusions for cryptocurrency mining equipment that appeared to consist of specialized CMP boards designed for mining use. The dispute…

A new trade agreement between the United States and Guatemala was reached, focusing on reducing trade barriers and expanding mutual investment opportunities. In addition to strengthening commercial ties, the agreement includes a major change to reciprocal tariffs. The United States…

If a partial government shutdown begins January 31, the Bureau of Industry and Security (BIS) is expected to continue normal operations because funding for the Department of Commerce has already been approved by Congress. In contrast, agencies within the Department…