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Articles by Paul Devamithran
Price on Trade: Steel's zero-sum game
This is an opinion column. The views in this article are those of experienced trade attorneys on issues of relevance to the steel market. They do not necessarily reflect those of SMU. We welcome you to share your thoughts as well at smu@crugroup.com. china Imports India South Korea Trade Turkey Vietnam worldsteel
Price: A Whirlwind Year For Trade Sets Up A Consequential Steel Summit
Alan H. Price’s articles from Wiley Rein are most popular: with readers working within the Business & Consumer Services industries This article was originally published in Steel Market Update on August 22, 2026, and can be found here. The SMU Steel Summit kicks off on Monday in Atlanta, and we could spend the entire time just discussing trade developments since the last Summit. Remember where we were at this time last year?
Price: Setting the record straight on steel as the summer of trade heats up
This is an opinion column. The views in this article are those of an experienced trade attorney on issues of relevance to the steel market. They do not necessarily reflect those of SMU. We welcome you to share your thoughts as well at smu@crugroup.com. The busy summer for US trade, which we wrote about previously, is heating up with new Section 301 forced labor duties of 10-12.5% imposed on 60 countries and new Section 338 duties of 50% announced on certain Canadian imports.
Price: Cliff or crossroads, what lies ahead for USMCA?
The United States-Mexico-Canada Agreement (USMCA) joint review process is looming large, pre-negotiations are underway with little reported progress, and, as SMU previously noted, President Trump has publicly stated that he is “not looking to renew it.” Last week, the president opined that “we do better as a country if we don’t have an agreement,” as reported by Reuters. So is USMCA teetering on the edge of a cliff?
Commerce And State Modernize U.S. Space-Related Export Controls
The United States Department of Commerce, Bureau of Industry and Security (BIS) recently published three new regulatory actions easing administrative burdens under the Export Administration Regulations (EAR) associated with exports, reexports, and transfers (in-country) of various commercial space items.
Commerce and State Modernize U.S. Space-Related Export Controls | JD Supra
The United States Department of Commerce, Bureau of Industry and Security (BIS) recently published three new regulatory actions easing administrative burdens under the Export Administration Regulations (EAR) associated with exports, reexports, and transfers (in-country) of various commercial space items.
China May Add 'Superabrasives' To List Of Restricted Defense Materials - Export Controls & Trade & Investment Sanctions - United States
In recent months, the People's Republic of China has steadily increased pressure on global supply chains by restricting access to certain upstream materials used in critical applications like semiconductors and advanced batteries. Each new restriction puts another vulnerability of critical U.S. supply chains on full display, undermining any perceived or proclaimed progress resulting from the massive onshoring initiatives of downstream production funded by U.S. taxpayers.
China may add ‘superabrasives’ to list of restricted defense materials
In recent months, the People’s Republic of China has steadily increased pressure on global supply chains by restricting access to certain upstream materials used in critical applications like semiconductors and advanced batteries. Each new restriction puts another vulnerability of critical U.S. supply chains on full display, undermining any perceived or proclaimed progress resulting from the massive onshoring initiatives of downstream production funded by U.S. taxpayers.
China may add ‘superabrasives’ to list of restricted defense materials
In recent months, the People’s Republic of China has steadily increased pressure on global supply chains by restricting access to certain upstream materials used in critical applications like semiconductors and advanced batteries. Each new restriction puts another vulnerability of critical U.S. supply chains on full display, undermining any perceived or proclaimed progress resulting from the massive onshoring initiatives of downstream production funded by U.S. taxpayers.
House Select Committee On The CCP Releases Report Proposing Changes To CFIUS
On December 12, 2023, the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party (the "Committee"), led by Chairman Mike Gallagher (WI), issued a wide-ranging report with numerous recommendations for addressing ongoing challenges in the U.S. economic relationship with the People's Republic of China (PRC).
House Select Committee on the CCP Releases Report Proposing Changes to CFIUS | JD Supra
On December 12, 2023, the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party (the “Committee”), led by Chairman Mike Gallagher (WI), issued a wide-ranging report with numerous recommendations for addressing ongoing challenges in the U.S. economic relationship with the People’s Republic of China (PRC).
Treasury, Commerce Issue Reports to Congress Outlining Proposed Outbound Investment Initiative | JD Supra
In accordance with the Consolidated Appropriations Act, 2023 (Public Law 117-328), the U.S. Treasury and Commerce Departments recently issued reports to Congress outlining the contours of a proposed outbound investment review program.
Administration Seeks Comment on Potential Requirement for U.S.-Made Solar Products in Projects Funded by Inflation Reduction | JD Supra
On September 19, 2022, the U.S. General Services Administration (GSA) issued a request for information (RFI) on the “availability of domestically manufactured solar photovoltaic (PV) panels and components and feasibility of requiring the use of such PV panels and components for future projects.” The deadline for comments is November 18, 2022.
European Commission Proposes Ban on Forced Labor Products in EU | JD Supra
On September 14, 2022, the European Commission (EC) issued a proposal that would ban products made with forced labor across EU markets.[1] The proposed ban would apply both to imports and exports and includes plans for removing or destroying products made with forced labor already present in EU markets and not already in the hands of end-users.
The Inflation Reduction Act Provides Potential Game-Changing Benefits for U.S. Solar Industry | JD Supra
The U.S. Senate and House of Representatives have passed the Inflation Reduction Act of 2022 (the Act), which climate analysts have hailed as game-changing for the growth of solar power, and solar manufacturing, in the United States. The Act has numerous key provisions aimed at combating climate change, including several changes to the tax laws that will significantly impact the U.S. solar manufacturing industry.
Request for Comments: Developing a Framework on Competitiveness of Digital Asset Technologies | JD Supra
On March 9, 2022, President Biden signed an Executive Order (EO) on digital assets, including cryptocurrencies, and the possible creation of Central Bank Digital Currencies (CBDC) for a digital form of the country’s sovereign currency. The EO directed Departments and Agencies to establish a framework for enhancing U.S. competitiveness in and leadership of leveraging digital asset technologies.
DOE Announces $3 Billion in Funding for U.S. Battery Supply Chain | JD Supra
On May 2, 2022, the Department of Energy (DOE) announced $3.16 billion in funding under the Infrastructure Investment and Jobs Act to make more batteries and battery components in the United States and to bolster domestic battery supply chains.
Commerce Secretary Raimondo Signals Support for Outbound Investment Screening | JD Supra
On March 22, 2022, U.S. Secretary of Commerce Gina Raimondo signaled the Biden Administration’s willingness to agree to outbound investment screening legislation incorporated in the America COMPETES Act and also indicated that Executive action regarding such screening may be possible if Congress does not act, according to media reports.
CFIUS Issues Interim Order Blocking Wise Road’s Acquisition of Magnachip | JD Supra
On June 15, 2021, the Committee on Foreign Investment in the United States (CFIUS) issued an interim order preventing the Chinese private equity firm Wise Road Capital LTD (Wise Road) from acquiring Magnachip Semiconductor Corporation (Magnachip), a South Korean semiconductor company, and preventing Magnachip from delisting from the New York Stock Exchange. The move is as notable as it is rare, in that it ensures the parties do not consummate a transaction pending CFIUS review.
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