Expert

INVESTING IN THE PETROLEUM INDUSTRY? – WHY HAITI.

Despite Haiti’s challenging socio-economic, as well as political climate, Haiti remains one of the most open economies of the Caribbean seeking foreign direct investment (FDI). Haiti’s legislation encourages such FDI with the assurance that the same rights, privileges, and equal protection are provided to local and foreign companies. The current president of Haiti established and announced “Seven Priority Axes” for the development of Haiti. One of which is in the electricity (e.g., Hydro, Solar, Natural Gas and, of course, Petroleum) sector.

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BIS Expands Export Restrictions Targeting China’s Largest Chipmaker

Co-Authored by Sharath Patil

Last week, the U.S. Department of Commerce’s Bureau of Industry & Security (“BIS”) informed some U.S. semiconductor manufacturers via a confidential letter that they would require export licenses before exporting certain products to China’s largest semiconductor manufacturer, Semiconductor Manufacturing International Corporation (“SMIC”). Although the letter is not available for public view, a September 28, 2020 Wall Street Journal article that broke the story said that the Commerce Department was concerned about high risks of diversion to a military end use. This additional export license requirement is part of a broader pattern of increased export restrictions, particularly to China.

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Diaz Trade Law Now Filing List 4A Complaints – Join Section 301 Refund Lawsuit Now to Demand Refunds

301 Lawsuit Background

In mid-September, a coalition of importers filed a Court challenge to the USTR’s imposition of Section 301 duties on certain imports from China under Lists 3 and 4.  These duties were imposed as part of a process purportedly intended to address intellectual property abuses by China.  Specifically, this coalition has claimed that these duties were imposed contrary to law and ignored the statutory deadlines in Section 301.  Further, the coalition has argued that these duties were not imposed in response to the intellectual property violations alleged in the initiation notice, but rather were filed in response to the retaliatory tariffs enacted by China.  Accordingly, the coalition argues, such tariffs were void from the initial imposition.

Since the original coalition filed the lawsuit, over 3,500 complaints have been filed impacting more than 10,000 plaintiffs, including over a hundred of Diaz Trade Law’s clients. Due to the nature of U.S. law, if the challenge is upheld, retroactive relief will only be available to those parties that have filed a court challenge. Diaz Trade Law filed these complaints under a statute of limitations theory which dictated that any challenge must be filed within 2 years of the Government Action. To ensure consideration, a Court case should have been filed by Monday, September 21, 2020. If you have not yet filed a case, there are alternate theories which would justify a later filing date, albeit with some additional risk. If you have not yet filed an action, you should do so quickly.

Who Can Join the List 4A Lawsuit?

The […]

Using WROs to Fight Forced Labor

Forced Labor is the third most lucrative illicit trade, behind only drugs and weapons, and has an annual trade value of roughly $150 Billion. According to the International Labor Organization (ILO), nearly 28 million people are trapped in forced labor, including over 3 million children.

Thankfully, U.S. Customs and Border Protection has been working to curb this inhumane practice.

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The Caribbean Basin Trade Partnership Act Expired October 1 – What You Need to Know

Co-Authored by Sharath Patil.

The Caribbean Basin Trade Partnership Act (“CBTPA”) is an Act of U.S. legislation which expired on October 1, 2020. The CBTPA sought to strengthen Caribbean basin economies by extending preferential trade and tariff treatment and increase U.S. export opportunities in those countries. Upon the expiration of the CBTPA at midnight on October 1, 2020, importers may not file otherwise CBTPA-eligible without the payment of duties and other fees set at normal trade relation duty rates.

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