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  • Iran Sanctions Reinstated Following An Executive Order August 16, 2018 President Trump issued Executive Order (EO) 13846, effective August 7th at 12:01 a.m. EDT.  The Executive Order reimposes sanctions against Iran that were removed following the signing of the Joint Comprehensive Plan of Action (JCPOA) in July 2015.  On May 8, 2018 the President announced his decision to end participation in the JCPOA. EO 13846 has many provisions, some of which are intended to keep non-U.S. ...
  • Proposed Tariff Could Increase from 10% to 25% on $200 Billion Worth of Chi… August 10, 2018 On July 10th, 2018, at the request of President Trump, the U.S. Trade Representative (USTR) has initiated the process of imposing an additional 10% ad valorem duty on an extensive list of Chinese imports. The proposed tariffs are in response to a Section 301 investigation into China’s unfair trade policies. The USTR has said that the proposed tariff increase is intended to provide the administration ...
  • Renegotiation of the U.S.- Korea Free Trade Agreement July 26, 2018 The United States and South Korea have come to an understanding on revisions to the U.S.- Korea Free Trade Agreement (KORUS). The U.S. trade deficit with South Korea grew from $16.6 billion in 2012, when KORUS was implemented, to $28.3 billion in 2015. It has been declining since 2015. Administration officials confirmed that the U.S. and Korea will make multiple changes to ...




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