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Member News
Member News
01
Jul
Because of Covid-19, your car can be the safest and most hygienic way to travel at the moment – as long as you follow certain rules.
Travelling by car is one of the safest ways to get around for now, from a health perspective, as long as you take care to keep the interior clean and protect yourself whenever you touch things like fuel pumps or bank cards. After all, solid metal, windows, and a well-maintained air conditioning unit provide...
01
Jul
Troutman Sanders and Pepper Hamilton officially became Troutman Pepper (Troutman Pepper Hamilton Sanders LLP) today, a national law firm of 1,100 attorneys in 23 U.S. cities. The new firm offers clients greater resources and bench strength, enhanced practices, and expanded geographic reach.
Troutman Pepper is one of the 50 largest law firms in the country, with offices in eight of the 10 largest U.S. markets. The firm supports some of the country’s biggest industry sectors, including health sciences, energy, real...
30
Jun
On June 26, 2020, the Office of the U.S. Trade Representative announced that it is considering modifying the list of European Union products subject to additional tariffs upon importation into the United States and increasing the tariff rate up to 100 percent. The USTR is accepting comments whether specific products should be either added to or deleted from the lists and whether the rate on specific products should be increased. Comments are due by July 26, 2020.
The current rate...
30
Jun
Overview: The gains in US equities yesterday carried into Asia Pacific trading today, but the European investors did not get the memo. The Dow Jones Stoxx 600 is succumbing to selling pressure and giving back yesterday's gain. Energy and financials are the biggest drags, while real estate and information technology sectors are firm. All the markets had rallied in the Asia Pacific region, with the Nikkei and Australian equities leading with around 1.3% gains. US shares are trading lower. Bond...
29
Jun
Between June 26- July 26, 2020, the US Special Trade Representative is accepting comments regarding the imposition of Sec. 301 tariffs on certain EU products. The products are segregated into 3 categories:
Products currently subject to the Sec. 301 tariffs (at 10% and 25%);
Products that were previously considered for inclusion but not previously subject to the Sec. 301 tariffs;
New products.
Consider submitting comments if any product is potentially exposed to 301 duties under this new initiative.
Federal Register Notice...
29
Jun
The ‘Global Goal: Unite for our Future’ pledging summit organised today by the European Commission and Global Citizen mobilised €6.15 billion in additional funding to help develop and ensure equitable access to coronavirus vaccines, tests and treatments. The money raised will also support economic recovery in the world’s most fragile regions and communities.
This amount includes a €4.9 billion pledge by the European Investment Bank, in partnership with the European Commission, and €485 million committed by EU Member States. This brings total pledges under the Coronavirus Global Response pledging marathon,...
29
Jun
Following President Trump’s Presidential Proclamation on April 22, 2020 to temporarily suspend immigrant visa processing and entry of certain immigrants into the United States, the White House has issued a new Executive Order entitled “Proclamation Suspending Entry of Aliens Who Present a Risk to the U.S. Labor Market Following the Coronavirus Outbreak”. This new order is directed at foreign nationals and their dependents who seek to obtain visas in the following classifications: H-1B and H-2B, L-1, and J-1 for participation in...
29
Jun
The EU State Aid regime has long protected the EU internal market from anti-competitive subsidies granted by EU Member States. On 17 June 2020, the European Commission published a White Paper that proposes a new set of tools designed to address distortive effects in the internal market caused by subsidies granted by states outside the EU.
The White Paper outlines three complementary tools, or “modules”, intended to tackle the distortive competitive effects arising from foreign subsidies. These modules would be implemented by “supervisory authorities”,...
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