Category: Commerce

Banking

“The United States Takes Further Action Against Enablers of Venezuelan Oil Transactions, Including Sanctions Evasion Network”

WASHINGTON, D.C. (January 19, 2021)---today, Secretary Mike Pompeo issued this statement about sanctioning  of the illegitimate regime of Nicolas Maduro.  "The United States has sanctioned three individuals and 11 entities for their ties to a network helping Nicolas Maduro and his illegitimate regime evade U.S. sanctions on Venezuela’s oil sector. …
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Commerce

“Commerce Department Will Publish the First Military End User List Naming More Than 100 Chinese and Russian Companies”

WASHINGTON (December 21, 2020)– The Bureau of Industry and Security (BIS) will amend the Export Administration Regulations (EAR) by adding a new ‘Military End User’ (MEU) List, as well as the first tranche of 103 entities, which includes 58 Chinese and 45 Russian companies. The U.S. Government has determined that…
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Commerce

“Target Circle Celebrates One-Year Anniversary, Unlocks Holiday Deals for Nearly 80 Million Members”

MINNESOTA---Target's is celebrating their one-year anniversary of its popular, easy-to-use loyalty program, Target Circle, and will be offering its nearly 80 million members more ways to save big this holiday season. As one of the nation’s largest loyalty programs, Target Circle members have: Saved nearly $2 billion through Target Circle…
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Commerce

“Samsung heir returns to business after father’s death, convenes design strategy meeting”

KOREA---Samsung Electronics Vice Chairman Lee Jae-yong convened a design strategy meeting Thursday in his first business activity since his father's death last month.Lee and high-ranking executives discussed the tech giant's future design plans during the meeting at its research center in Seoul, the company said.It was the first time that…
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Commerce

“U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination for Passenger Vehicles and Light Truck Tires From Vietnam”

WASHINGTON, D.C.---U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the countervailing duty (CVD) investigation of passenger vehicle and light truck (passenger tires) tires from Vietnam. The Commerce Department preliminarily determined that exporters and producers from Vietnam received counter available subsidies with rates ranging from 6.23 percent…
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Commerce

“Increased Consumer Spending And Personal Income–Beating Market Expectations”

WASHINGTON, D.C.--the "Bureau of Economic Analysis (BEA) reported increased consumer spending and personal income in July—both beating market expectations. Thanks to the economic policies of President Trump, our Nation continues to gain momentum towards a strong economic recovery.” – Commerce Secretary Wilbur Ross. New Residential Sales The real estate and…
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Commerce

“Remarks by Commerce Secretary Wilbur L. Ross at the First Meeting of the National Council for Expanding American Innovation”

WASHINGTON, D.C.----Thank you, Andrei, for the kind introduction, and for your leadership at the U.S. Patent and Trademark Office during these tumultuous times. I must first say how sorry I am not to be present in person. I had been eagerly awaiting this event, but recent events in the Middle…
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Commerce

“Antitrust Division Announces Updates To Civil Investigative Demand Forms And Deposition Process”

Assistant Attorney General Makan Delrahim of the Justice Department's Antitrust Division announced today that the Antitrust Division has implemented two uniform updates to its Civil Investigative Demand (CID) forms and deposition process:  First, all CIDs issued by the Antitrust Division — including CIDs for documentary material, written interrogatories, oral testimony,…
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