International Trade Bulletin - Volume 1, Issue 4
Client Alert | 2 min read | 05.01.06
Inside this issue:
- CHINA IN THE SPOTLIGHT
- Intellectual Property: The U.S. and Japan recently announced a joint initiative to strengthen the protection and enforcement of intellectual property rights (IPR) in China and other third countries
- Market Access: The World Trade Organization completed its first Trade Policy Review report of China which concludes that, although China has achieved success in its trade and investment reforms, it still faces challenges
- EUROPE IN THE SPOTLIGHT
- Customs: The recent EU WTO "victory" over the U.S. on customs practices in Europe may seem like a blow to businesses facing customs clearance problems in the EU
- Counterfeit: The EU is to introduce harmonized criminal sanctions and heavy fines for infringements of intellectual property rights throughout the EU
- BILATERAL TRADE: Cross Lander's Investment in Romanian Auto Company Hits Rocky Terrain
- INVESTMENT: Representative Edward Markey, member of the House Homeland Security Committee, announces his intention to introduce an amendment to the Safe Ports Bill requiring inspection of all cargo coming into U.S. seaports
- TRADE REMEDIES: Is Zeroing Finally Dead?
- EXPORT CONTROLS: Recent Cancelled Sale of U.S. Computer Technology to China Highlights Concern over New Planned “Catch-All” Export Rule
- TRADE RETALIATION: The EU imposes punitive duties on eight additional U.S. products as retaliation against the U.S. Byrd law
Contacts
Insights
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After hosting a series of workshops and issuing multiple rounds of materials, including enforcement notices, checklists, templates, and other guidance, the California Air Resources Board (CARB) has proposed regulations to implement the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261) (both as amended by SB 219), which require large U.S.-based businesses operating in California to disclose greenhouse gas (GHG) emissions and climate-related risks. CARB also published a Notice of Public Hearing and an Initial Statement of Reasons along with the proposed regulations. While CARB’s final rules were statutorily required to be promulgated by July 1, 2025, these are still just proposals. CARB’s proposed rules largely track earlier guidance regarding how CARB intends to define compliance obligations, exemptions, and key deadlines, and establish fee programs to fund regulatory operations.
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New York LLC Transparency Act: Key Requirements and Deadlines
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