Trade Law Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
The U.S. this week arrested a dual U.S.-Iranian national living in Massachusetts and an Iranian national, charging both with conspiring to ship "sophisticated electronic components" from the U.S. to Iran in violation of U.S. export controls and sanctions.
An indictment was unsealed last week charging Russian national Alexey Komov with conspiracy and U.S. sanctions violations stemming from his aid to sanctioned Russian oligarch Konstantin Malofeyev, the U.S. Attorney's Office for the Southern District of New York announced. Komov allegedly conspired with Malofeyev to recruit an American citizen, Jack Hanick, to start and operate a television network in Russia.
The U.S. last week indicted 14 North Korean nationals working as part of a “long-running” conspiracy to violate U.S. sanctions. DOJ said they used fake or borrowed identities of Americans and others to pose as remote information technology employees for U.S. companies and generate revenue for the North Korean government.
In light of speculation about whether President-elect Donald Trump will use the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs on China, Mexico and Canada, observers are revisiting the lone decision in the history of U.S. case law reviewing emergency trade action: U.S. v. Yoshida International.
A Chinese national was arrested on Dec. 3 for allegedly conspiring to export firearms, ammunition and other military items to North Korea, the U.S. Attorney's Office for the Central District of California announced. Shenghua Wen, an illegal resident of California, was charged with conspiracy to violate the International Emergency Economic Powers Act and faces a maximum of 20 years in prison.
Trade Law Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
President-elect Donald Trump will most likely either turn to the International Emergency Economic Powers Act (IEEPA) or Section 301 of the Trade Act of 1974 to impose his recently announced tariffs on Canada, Mexico and China, said trade lawyers interviewed by Trade Law Daily. Though much remains unknown about how Trump will impose these tariffs, the president-elect may turn to the two broad statutes to impose the tariffs to accomplish his stated goals of curbing the flow of migrants and fentanyl into the U.S.
Turkish national Taskin Torlak was arrested Nov. 2 for allegedly conspiring to violate U.S. sanctions by scheming to ship oil from Venezuela to benefit the country's state-owned oil and natural gas company Petroleos de Venezuela, DOJ announced.
The U.S. Court of Appeals for the 9th Circuit rejected an argument from a Chinese engineering professor who said his illegal export shouldn't have been subject to national security controls, which made the export subject to a higher base offense (U.S. v. Yi-Chi Shih, 9th Cir. # 23-3718).