The future of the Border Adjustment Tax (BAT) proposal, a critical element of the House Republican tax reform plan, is in doubt after signs of Republican opposition in the Senate emerged last week. Senator David Perdue (R-GA) became the most prominent Republican to overtly criticize the BAT, expressed in a Dear Colleague letter to his
The Internet of Things (“IoT”) connects markets and supply chains around the world. Industry, governments and consumers around the world are embracing IoT technologies to improve research and public policy, to accelerate service delivery and to monitor global development programs across healthcare, agriculture, natural resource management, climate, and energy sectors. Industry experts project that between
On October 4, 2015, trade ministers from 12 Pacific Rim countries announced the conclusion of the Trans-Pacific Partnership agreement (TPP). TPP, a foreign policy legacy item for the president, represents nearly 40% of the world’s GDP. The agreement now requires congressional approval, using the “fast-track” process in the trade promotion authority bill (TPA) signed by President Obama in June.
With cybersecurity dominating the headlines, the U.S. government has taken several recent steps to target the national security threat posed by cybercriminals and hackers with new regulations aimed at curbing malicious actors online.
As part of the historic shift in U.S. policy toward Cuba announced on 17 December 2014, President Obama instructed the Secretary of State to launch a review of Cuba’s designation as a state sponsor of terrorism (SSOT), and to prepare a report within six months regarding Cuba’s support for international terrorism.
The U.S. and India have reached an agreement that promises to pave the way toward global implementation of the WTO Trade Facilitation Agreement.
In a recently issued decision, a World Trade Organization (WTO) compliance Panel (Panel) ruled in favor of Canada and Mexico in a dispute over the United States’ country of origin labeling (COOL) requirements as they apply to cattle and hog muscle cuts.
In a recent advisory opinion related to an exemption under the International Traffic In Arms Regulations (ITAR), the State Department confirmed that a company could use a data security method called “tokenization” to protect export-controlled technical data stored in the cloud on servers located outside the United States, provided the company satisfied the conditions of
On May 16, 2014 the U.S. Court of Appeals for the Eleventh Circuit issued an opinion in United States v. Joel Esquenazi, et al, affirming the government’s broad interpretation of what constitutes a “government instrumentality” under the Foreign Corrupt Practices Act (FCPA). For several years, the Department of Justice (DOJ) and the Securities and Exchange
Sen. Lisa Murkowski (R-AK), Ranking Republican on the Senate Energy and Natural Resources Committee, last week released another of her “Energy 20/20” white papers entitled, “A Signal to the World: Renovating the Architecture of U.S. Energy Exports.” The paper reviews current federal energy export policies on everything from crude oil to nuclear power and comes at
On Dec. 5, the Department of Energy released a long-awaited study on natural gas exports. The bottom line was not surprising: exports of natural gas (importantly including LNG) would be a net benefit to the US economy, and the net positive benefit will increase as exports increase. Basic economic theory supports this conclusion. So does