News & Analysis as of September 14, 2024

Supply Chain

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

Skadden, Arps, Slate, Meagher & Flom LLP on 7/26/2024

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

What is in my Supply Chain?

Morrison & Foerster LLP on 6/25/2024

April and May 2024 mark historic months when it comes to supply chain due diligence obligations for EU and non-EU companies that operate in the EU. Going forward, companies will not only be required to identify and address...more

The End of the World Order and the Rise of Trade Regulation

Sheppard Mullin Richter & Hampton LLP on 4/5/2024

Author and futurist Peter Zeihan recently asserted that President Joe Biden has presided over “the most protectionist administration the United States has had in at least a century.” And Donald Trump reportedly plans to...more

EU Reaches Provisional Agreement on Forced Labour Regulation

Latham & Watkins LLP on 3/25/2024

The proposed regulation would ban forced labour-made products from the EU market, affecting companies’ supply chains and requiring compliance checks. On 5 March 2024, the European Parliament and European Council...more

EU Political Agreement on Forced Labor Product Ban

Mayer Brown on 3/7/2024

On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labor on the European Union ("EU") market. While binding...more

2024 J.S. Held Global Risk Report: Business Implications From China’s Weakened Economy

J.S. Held on 2/9/2024

After 30 years of extraordinary growth, China’s economy – the world’s second largest – appears to be entering a new phase of slower expansion. The real estate sector – which accounts for around one-third of Chinese GDP and...more

[Event] 8th Annual Canadian Forum on Global Economic Sanctions - March 6th - 7th, Toronto, ON, Canada

American Conference Institute (ACI) on 1/10/2024

Immerse yourself in the only comprehensive economic sanctions event of its kind in Canada, spanning two days of invaluable insights and practical knowledge. Designed to cover U.S., EU, and major global sanctions, this...more

European Parliament Committees Adopt Their Position on the Proposed EU Forced Labour Regulation

WilmerHale on 12/8/2023

On October 16, 2023, the Committee on International Trade (INTA) and the Committee on Internal Market and Consumer Protection (IMCO) of the European Parliament adopted their position (the Committee Position; see here and...more

The EU’s CBAM Implementing Regulation is ready; are you?

White & Case LLP on 10/20/2023

The EU's Carbon Border Adjustment Mechanism (the "CBAM") reporting obligations started applying from 1 October 2023. The final CBAM Implementing Regulation introduces further insight and key clarifications. The CBAM...more

The Netherlands, European Union and China all make their next moves in the game to control semiconductor supply chains

A&O Shearman on 7/21/2023

Following negotiations with the United States, the Netherlands in January 2023 agreed to impose controls on the export of certain semiconductors and related products to China....more

Unveiling the New European Economic Security Strategy

Pillsbury - Global Trade & Sanctions Law on 7/13/2023

The EU’s new Joint Communication on a European Economic Security Strategy proposes a methodology for an EU economic security risk assessment and identifies measures to mitigate these risks. The Strategy is noteworthy because...more

Four things to know when preparing for EU Carbon Border Adjustment Mechanism reporting

White & Case LLP on 6/26/2023

The application of the EU's Carbon Border Adjustment Mechanism ("CBAM") is fast approaching for importers and manufacturers of products in the cement, fertiliser, iron, steel, aluminium, hydrogen and electricity producing...more

Giving deforestation the ax – The proposed regulation on deforestation-free products

Hogan Lovells on 12/5/2022

On September 13, 2022, the European Parliament voted to adopt a regulation on deforestation-free products (Proposal for a Regulation on the making available on the Union market as well as export from the Union of certain...more

The European Commission puts supply chains under the spotlight

A&O Shearman on 10/27/2022

Supply chain risks are drawing attention across the globe. Recent geo-political and economic shocks such as Covid-19, Russia’s invasion of Ukraine, the U.S.-China trade war and connected inflation are driving this focus. ...more

Lieferketten-Compliance reloaded – EU-Kommission plant Verbot von Produkten aus Zwangsarbeit

Hogan Lovells on 9/22/2022

„Environmental, Social and Corporate Governance“ („ESG“)-Themen sind weiterhin ein Treiber für regulatorische Entwicklungen im Bereich der Lieferketten-Compliance. Ein zentraler Aspekt des „S“, der auch politisch hohe...more

EU Commission Proposal to ban products made with forced labour from the EU market

Hogan Lovells on 9/20/2022

On 14 September 2022, the European Commission released a proposal for a Regulation prohibiting products made with forced labour on the EU market. The European Commission has taken a comprehensive approach, with the ban...more

The EU’s Proposed Regulation Prohibiting Products Made with Forced Labor on the EU Market: Coverage and Context

Paul Hastings LLP on 9/20/2022

With great anticipation, on September 14 the European Union proposed a new regulation broadly prohibiting the import, export and sale of goods made wholly or in part with forced labor (“Proposed Regulation”)....more

European Commission Proposes Legislation to Prohibit Products Made or Imported With Forced Labour

Latham & Watkins LLP on 9/16/2022

The proposal highlights the growing global focus on companies’ human rights obligations not just towards employees but also towards workers in their supply chains. On 14 September 2022, the European Commission (the...more

A Guide for Early-Stage Companies on Trade Compliance and Foreign Investment

Holland & Knight LLP on 8/5/2022

Are you looking to hire a star engineer who is a foreign national? Are you considering raising capital from a foreign venture capital firm or other foreign investor? Are you interested in sourcing components or creating...more

U.S. and EU Create Joint Task Force to Increase Natural Gas Imports and Reduce Dependence on Russian Energy

Jones Day on 5/24/2022

On March 25, 2022, President Biden announced the creation of a joint task force with the European Union ("EU") to increase natural gas imports to reduce Europe's dependence on Russian energy. President Biden agreed that the...more

Data transfer to Russia and China in times of crisis

Spirit Legal on 3/30/2022

In light of the “changed security policy situation” following Russia’s invasion of Ukraine, the Norwegian data protection regulator recently encouraged any company that exports personal data to Russia and Ukraine to review...more

War. What Is It Good For? Absolutely Nothing in the Supply Chain

Foley & Lardner LLP on 3/1/2022

Edwin Starr’s song, “War,” said it best. As the first land war touching Europe in decades, Russia’s invasion of Ukraine is what many are calling the start of WWIII—let’s hope not. Starr’s song lyrics lament the many,...more

Recast Dual-Use Regulation: An Overhaul of the EU export control regime fitted for the XXI century?

Hogan Lovells on 9/3/2021

After journey of over four years, the EU adopted Regulation (EU) 2021/821, recasting the Dual-Use Regulation. The new rules will enter into force on 9 September 2021 and will entail stricter catch-all controls on non-listed...more

June 2021 Trade Law Update

Husch Blackwell LLP on 7/7/2021

In Husch Blackwell’s June 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •Biden Administration took recent actions related to products from China’s...more

USTR Suspends Tariffs on Certain French Luxury Goods: A Potential Shift in Trade Talks

Sheppard Mullin Richter & Hampton LLP on 1/28/2021

Key Takeaways: • Threatened 25% tariffs on French luxury goods are suspended. • USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies. • Biden’s new USTR will face immense pressure to...more

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