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Biden Administration Moves to Regulate Automobile Information and Communication Tech from China

by and 2 Mins Read

The Commerce Department has published an Advance Notice of Proposed Rulemaking seeking comments on a proposal to restrict the use of information and communication technologies and services (ICTS) developed or supplied by foreign adversaries (e.g., China) in connected vehicles (CVs), an initiative that could impact virtually all auto makers and their suppliers selling into the US market. To inform its rulemaking, the Commerce Department’s Bureau of Industry and Security (BIS) has requested public comments by April 30,…

In Uncategorized

European Parliament Adopts New Due Diligence Requirements to Tackle Deforestation and Forest Degradation

by , , and 1 Min Read

Baker McKenzie’s Import and Trade Remedies Blog published “European Parliament Adopts New Due Diligence Requirements to Tackle Deforestation and Forest Degradation.” This blog post covers new requirements for companies to undertake due diligence into the source of a wide range of commodities, including cattle, cocoa, coffee, palm-oil, rubber, soya and wood, to ensure that they have not been obtained as a result of deforestation. To comply with the new regulations, businesses will need to ensure…

In Tax

United States: Giving tax credits where credit is due – Small chips causing big problems

by 11 Mins Read

In brief The semiconductor shortage is increasingly obvious, from the automotive industry to consumer electronics. In fact, the chip shortage has even been referenced as a potential matter of national security. H.R. 4346, better known as the CHIPs and Science Act (“Act”), was signed into law by President Biden on 9 August, 2022 and seeks to promote semiconductor supply chain resilience by establishing incentives to increase the production of microchips and related devices, including through…

In ESG

SEC’s Proposed Climate Disclosures: Supply Chain Implications and Key Takeaways

by and 7 Mins Read

The SEC’s recently released (and long-awaited) proposed rule changes that will require disclosure of climate-related risks (“the Proposed Rule”) are likely to have significant supply chain implications. The Proposed Rule would require listed companies to disclose information on climate-related risks and Greenhouse gas (“GHG”) emissions; as explained below, both of these disclosure categories include data related to corporate supply chains, and thus the Proposed Rule would essentially require public companies to obtain and analyze climate…

In ESG

Supply Chain Trends in Latin America: Impacts of COVID-19 on Environmental, Social and Corporate Governance Matters

by and 5 Mins Read

Although good practices related to Environmental, Social and Corporate Governance (ESG) have caught the attention of consumers and public opinion over the past few years, the ongoing Coronavirus pandemic has certainly pushed that trend forward. Throughout the course of the public health crisis, we have seen consumers demanding that companies implement sustainable practices in their business operations, including those related to environmental sustainability, labor and workplace safety, and human rights. In Latin America specifically, this…

In Customs

U.S. Customs and Border Protection Issues First Forced Labor Finding since 1996

by and 2 Mins Read

Yesterday U.S. Customs and Border Protection (CBP) issued its first finding of forced labor in 24 years (Finding) against importation into the United States of certain goods from a Chinese company.  The Finding was made pursuant to 19 U.S.C. 1307, which prohibits the importation of merchandise mined, manufactured, or produced, wholly or in part, by forced labor, including convict labor, forced child labor, and indentured labor.  Building upon the withhold release order issued in May…