Sanctions Designations and Business Advisory Issued by OFAC and the U.S. State Department

On February 23, 2024, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) and Department of State together announced more than 500 sanctions designations targeting government officials, companies, and individuals in Russia and beyond.  The sanctions, which the U.S. stated were intended

On February 14, 2024, the Cornerstone Chemical Company (the “Cornerstone” or “Petitioner”), filed a petition for the imposition of antidumping duties on imports from Germany, India, Japan, the Netherlands, Qatar, and Trinidad and Tobago and countervailing duties on imports of melamine from Germany, India, Qatar, and Trinidad and Tobago. 

SCOPE OF THE INVESTIGATION

The following

On January 24, 2024, the AJM Packaging Corporation (“AJM”), Aspen Products, Inc. (“Aspen”), Dart Container Corporation (“Dart”), Hoffmaster Group, Inc. (“Hoffmaster”), Huhtamaki Americas, Inc. (“Huhtamaki”), and Unique Industries, Inc. (“Unique”), collectively known as the American Paper Plate Coalition (the “APPC” or “Petitioner”), filed a petition for the imposition of antidumping duties on imports of certain

  • Many of the rate hikes represent almost a 100% increase in shipping rates
  • The special permission is not only to increase the rates and charges, but these increases are effective immediately as they also waive the FMC’s required 30-day notice period for increasing rates
  • Absent significant military or diplomatic action, our expectation is that these circumstances will not disappear quickly

The Federal Maritime Commission (FMC) has granted special permission to ocean carriers to immediately increase the rates on containers that are being rerouted around the Cape of Good Hope in Africa or are retaining feeder vessels for pickup of cargo at high-risk ports in the Red Sea due to increased hostilities. Since mid-November 2023, Houthi rebels based in Yemen have attacked Red Sea shipping bound for Israel or linked to Israeli ports. Reported security incidents have ranged from outright attacks, approaches, and business interruptions to mere sightings.

Executive Order Imposes New Russia Sanctions for Foreign Financial Institutions and Prohibits Additional Russian Imports

On December 22, 2023, President Biden issued Executive Order 14114, which amended previous Executive Orders in order to authorize the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) to impose additional Russia-related sanctions on foreign financial institutions and

On December 29, 2023, the U.S. Glass Producers Coalition (“GPC” or “Petitioner”) filed a petition for the imposition of antidumping duties on imports of certain glass wine bottles from the People’s Republic of China, the United Mexican States, and Chile as well as the imposition of countervailing duties on imports of certain glass wine bottles

Washington D.C., USA - March 1, 2020: Sign of U.S. Customs and Border Protection on the building in Washington D.C., USA, the largest federal law enforcement agency.

A recent ruling analyzed whether certain functions performed in preparation for filing an entry with U.S. Customs and Border Protection (“CBP”) arise to the level of “Customs Business” that must be performed by a licensed broker. Ruling HQ H326926, issued to Heizwerthy Customs & Freight Solutions (“Heizwerthy”), states that allowing an unlicensed company to extract