U.S. Trade Policy and Convergence of Import and Export Controls: Navigating the Complex International Trade Landscape
Recording of a 90-minute CLE video webinar with Q&A
This CLE webinar will describe the U.S. trade policy all-of-government approach that has led to a convergence between import, export, and sanction controls so that skills traditionally developed for compliance in one area are now required in the others. The panel will address key areas of convergence as well as the statutory and administrative regulations that have led to this development. The panel will also describe considerations and pitfalls for practitioners and provide best practices for guiding clients through this complex international trade landscape.
Outline
- Overview of political/geopolitical landscape and evolution of U.S. trade policy
- All-of-government approach to international trade
- Convergence of import, export, and sanction controls
- Export skills now required for import control
- Import skills now required for export control
- Supply chain due diligence
- Geopolitical considerations
- Impact on regulated entities
- Best practices for compliance
- Takeaways for practitioners
- Penalties and repercussions for noncompliance
Benefits
The panel will review these and other key issues:
- How has the evolution of U.S. trade policy created a convergence between import, export, and sanction controls?
- How has this convergence affected the knowledge and skills development required by practitioners for each area in order to remain compliant?
- What impact does this convergence have on regulated entities and their compliance efforts?
- What are best practices for guiding clients through this increasingly complex international trade landscape?
Faculty
Tyler Black
Partner
Thompson Coburn
Mr. Black is an experienced international trade and regulatory attorney who provides comprehensive guidance to clients... | Read More
Mr. Black is an experienced international trade and regulatory attorney who provides comprehensive guidance to clients regarding the impact of federal law and regulations on domestic and international business. He provides comprehensive trade compliance advice on sanctions, import, export control, and related laws that affect a variety of sectors, including insurance and reinsurance, financial services, manufacturing, telecommunications, aviation, and unmanned aircraft systems. In his work on international trade compliance issues, Mr. Black analyzes clients' ongoing multi-agency and multi-jurisdictional responsibilities, capably meeting emergent needs or conducting long term regulatory planning, such as compliance audits or drafting policies and procedures. He tracks business-critical legal developments throughout the rulemaking and implementation process, keeping clients informed and freeing compliance departments to focus on their day-to-day responsibilities. On a daily basis, Mr. Black conducts sophisticated counterparty due diligence for a variety of manufacturing businesses and financial service providers; prepares regulatory disclosures with the Department of Treasury, Department of Commerce, and Customs and Border Protection; files trade licenses and protests; and classifies products and technology according to the Harmonized Tariff Schedule of the United States (HTSUS), Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR). He has rendered valuable advice on complex issues affecting both U.S. and non-U.S. persons and foreign subsidiaries, including providing guidance in emerging areas of the law such as recent novel sanctions affecting Russia, Belarus, and Ukraine and the impact of Section 301 tariffs and exclusions on product importations from China, saving clients significant resources and avoiding future legal issues.
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Robert Shapiro
Partner, Chair International Trade Practice
Thompson Coburn
Mr. Shapiro counsels clients in all aspects of international transactions with a focus on the trade and shipment of... | Read More
Mr. Shapiro counsels clients in all aspects of international transactions with a focus on the trade and shipment of goods. He regularly represents clients before Customs and Border Protection, the U.S. Department of Commerce, the U.S. International Trade Commission, the U.S. Department of State, the Federal Maritime Commission, the Office of the U.S. Trade Representative and the United States Congress. Mr. Shapiro has extensive experience in advising clients on issues concerning the valuation, classification and origin of imported merchandise; duty-deferral and recovery; free trade agreements; and export controls governing sanctions at the Office of Foreign Assets Control (OFAC), dual use goods under the Export Administration Regulations (EAR) and munitions under the International Traffic in Arms Regulations (ITAR). Robert represents clients in antidumping, safeguard and other trade remedy actions before the International Trade Commission and the Department of Commerce. Whether it is the classification of chemicals under the Harmonized Tariff Schedule, understanding the implications and limitations of certain technical provisions of the Commerce Control List, understanding how to integrate a compliance system into a company's automated processes, or designing and conducting an investigation of potential compliance issues, his background in the sciences and automation have proved to be valuable in understanding the technical information that is often at the core of international trade compliance issues.
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