The Suspension of Hong Kong’s Special Trade Status Poses New Export, Sanctions and Import Compliance Requirements on U.S. Companies
On July 14, 2020, President Trump issued Executive Order 13936 formally suspending Hong Kong’s special trade status under U.S. law. Several weeks earlier, on May 27, 2020, the Department of State certified to Congress that Hong Kong is no longer sufficiently autonomous from the People’s Republic of China (PRC) by virtue of, among other things, […]
Trump-Xi Jinping Working Dinner at the G-20 Summit Leads to Significant Developments Involving the Section 301 Tariffs and Other Key Trade Issues Involving China
The Trump Administration announced a significant development in the imposition of Section 301 tariffs on more than $200 billion worth of Chinese-origin goods imported into the United States, as well as proposed new trade and the stemming of the flow of Fentanyl into the United States from China. Affected companies should continue monitoring the situation […]