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Following a meeting between President Obama and Chinese President Xi Jinping last week, the U.S. and China said they will speed up talks on a bilateral investment treaty and pledged to continue working to resolve issues on technology trade.
Addressing an increasingly contentious issue, President Obama and Chinese President Xi Jinping announced following a Sept. 25 meeting in Washington, D.C., a series of joint actions to improve cybersecurity. These measures will likely forestall, at least for the short term, the U.S. imposition of sanctions against China over allegations of government-backed hacking of U.S. corporate computer systems.
Talks reportedly made “enormous progress” on priorities such as improving the ease of doing business in India, infrastructure development, standards and global supply chains. At the same time, there was little to no movement on some of the more problematic issues, including a bilateral investment treaty and intellectual property rights.
The Department of Justice announced this month tough new policies signaling an intensified effort to prosecute individuals for corporate misconduct. In a Sept. 10 speech, Deputy Attorney General Sally Quillian Yates said that “the only way to truly deter corporate wrongdoing” is to “seek accountability from those who break our laws and victimize our citizens” because doing so “deters future illegal activity, … incentivizes changes in corporate behavior and … ensures that the people who engage in wrongdoing are held responsible for their actions.”
This case highlights both the federal government’s increasing prosecution of individuals in relation to corporate misconduct and the serious consequences that can result from adulteration or misbranding of food products.
In recent remarks to the Business Roundtable, President Obama was optimistic about the prospects of wrapping up talks on an Asia-Pacific free trade agreement and assertive on a number of irritants with China ahead of a key meeting with that country’s president.
Importers of various types of rechargeable battery packs will face higher tariffs beginning Oct. 5, when U.S. Customs and Border Protection revokes five rulings on the classification of these items.
U.S. Customs and Border Protection has adopted as final, with some changes, an April 2012 interim rule that allowed CBP to disclose to an intellectual property right holder information appearing on merchandise or its retail packaging that may comprise information otherwise protected by the Trade Secrets Act for the purpose of assisting CBP in determining whether the merchandise bears a counterfeit mark.
ASTM International approved Sept. 15 a new voluntary safety standard for labeling and packaging individually wrapped liquid laundry detergent packets. These items are increasingly popular with consumers but have raised concerns due to accidental ingestion by children.
The Federal Trade Commission recently warned five providers of environmental certification seals and 32 businesses using those seals that these seals could be considered deceptive and may not comply with the FTC’s environmental marketing guidelines.
The Food and Drug Administration announced recently that it will require the submission of entry and shipping documents (bills of lading, air waybills, commercial invoices, etc.) for entries of FDA-regulated goods that originated from, were stored in or transited through the Binhai New Area industrial center in Tianjin, China.
The Bureau of Industry and Security is seeking comments by Oct. 14 for its annual review of whether the foreign policy-based export controls in the Export Administration Regulations should be modified, rescinded or extended from January 21, 2016, to January 20, 2017.
Containing elements of both the original and supplemental proposals, these rules require human and animal food facilities to develop and implement written food safety plans that indicate the possible problems that could affect the safety of their products and outline steps they would take to prevent or significantly minimize the likelihood of those problems occurring.
The forthcoming test will evaluate the feasibility of requiring rail carriers to file export manifest data and the functionality of filing such data to ACE within a specific timeframe: at least two hours prior to loading of the cargo onto the rail car in preparation for departure from the U.S.; or, for empty rail cars, upon assembly of the train.