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July 13, 2012  
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Legislative Update: MTB, TPA, Supply Chain Security, Russia PNTR

As Congress approaches its month-long summer recess, trade-related legislation continues to advance. Two supply chain security bills were recently approved in the House, and lawmakers could act soon on permanent normal trade relations status for Russia. Full Article ››

 

U.S. Eases Financial and Investment Sanctions on Burma

The State Department implemented July 11 several actions to ease financial and investment sanctions on Burma, which President Obama said will “allow U.S. companies to responsibly do business” in that country. Full Article ››

Dates and Deadlines in the Week Ahead

Full Article ››

Of Note: Argentina Hits Back, East Coast Ports Could Shut Down

Full Article ››

Illegal Sale of Imported Goods to Federal Agencies Nets $1 Million Penalty

The Department of Justice has announced that a U.S. telecommunications firm will pay $1 million to resolve allegations that it submitted false claims to federal agencies when it sold telecom goods manufactured in countries prohibited by the Trade Agreements Act. Full Article ››

AD Notices: Xanthan Gum, Hot-Rolled Steel

Full Article ››

Monthly Trade Deficit Falls on Decline in Imports and Exports

Trade statistics released July 11 by the Department of Commerce show that the monthly U.S. trade deficit in goods and services fell 3.8% in May to $48.7 billion following a 4.8% drop in April. Exports edged up $0.4 billion to $183.1 billion, the second-highest amount ever, while imports fell $1.6 billion to $231.8 billion. Full Article ››

Nuclear Regulatory Commission Joins IPR Coordination Center

The International Trade Commission is soliciting public comments through Sept. 10 on a proposed rule that would amend its rules of general application, adjudication and enforcement, particularly with respect to the conduct of Section 337 intellectual property rights infringement investigations. Full Article ››

Foreign Regulatory Changes Could Affect Exports of Ladders, Wires, Valves, Vehicles, Lighters

Full Article ››

CBP Extends Import Restrictions on Cyprus Material for Five Years

U.S. Customs and Border Protection has issued a final rule that, effective July 16, extends for an additional five years the import restrictions on pre-Classical and Classical archaeological objects and Byzantine ecclesiastical and ritual ethnological material from Cyprus. Full Article ››

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