On August 6, 2020, President Trump signed executive orders imposing new economic sanctions under the International Emergency Economic Powers Act (50 U.S.C. § 1701 et seq.) and the National Emergencies Act (50 U.S.C. § 1601 et seq.) against TikTok, a video-sharing mobile application, and WeChat, a messaging, social media and mobile payments application.
Continue Reading U.S. Government Takes Aim at TikTok and WeChat Citing Privacy and Security Concerns
Importers that have suffered “significant financial hardship” due to COVID-19 may qualify for a 90-day pay extension for certain tariffs. On April 19, 2020, following calls for trade liberalization to ease economic pressures, the Trump administration issued an executive order, along with a temporary final rule by the US Department of Homeland Security’s Customs and Border Protection, which postpones the time to deposit certain duties, taxes and fees. However, the 90-day pay extension is limited in scope and certain goods are not eligible for the extension.
Continue Reading 90-Day Tariff Relief Provides Retailers with Much-Needed Liquidity
This past month, several key recalls were made that affect the retail industry. Check back here each month for our Recall Roundup.
Continue Reading Recall Roundup: September
A recent Supreme Court ruling regarding sales taxes and new tariffs on Chinese imports instituted by the Trump administration will impact many retailers, which could in turn have an effect on M&A activity in the retail industry.
Continue Reading SCOTUS Tax Ruling and New Tariffs Could Affect Retail M&A Activity
This past month, several key recalls were made that affect the retail industry. Check back here each month for our Recall Roundup.
Continue Reading Recall Roundup: June
This past month, several key recalls were made that affect the retail industry. Check back here each month for our Recall Roundup.
Continue Reading Recall Roundup: May
On April 26, 2018, the U.S. Senate confirmed by unanimous consent all five pending nominees to the Federal Trade Commission.
Continue Reading FTC Nominees Confirmed by Senate
Recently, President Trump announced that he sent names of four nominees to serve as commissioners on the five-member FTC to the Senate for approval.
Continue Reading President Trump Sends Four FTC Nominees to Senate for Approval
This past month, several key recalls were made that affect the retail industry. Check back here each month for our Recall Roundup.
Continue Reading Recall Roundup: January
Join us as we look back at recalls from 2017. Check back here each month for our Recall Roundup.
Continue Reading Recall Roundup: December