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Treasury Requests Comments for Upcoming Guidance on Energy Tax Benefits in the Inflation Reduction Act

The U.S. Treasury Department (Treasury) and the Internal Revenue Service (IRS) published six notices on October 5, 2022, requesting comments on various provisions in the Internal Revenue Code (Code) related to energy tax...more

USTR Announces New Process for Reinstating Expired Section 301 Tariff Exclusions

On October 5, 2021, the Office of the U.S. Trade Representative (USTR) posted a draft Federal Register notice soliciting comments regarding the reinstatement of certain previously-expired exclusions from the Section 301...more

Commerce Launches Section 232 Investigation of Rare Earth Magnets, Seeks Comments

On September 24, 2021, the Department of Commerce announced that its Bureau of Industry and Security (BIS) is investigating whether imports of neodymium-ironboron (NdFeB) permanent magnets, or rare earth magnets, undermine...more

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