Trendpublic

📈Rescission of Workforce Investment Act Regulations and Business Impact

The Employment and Training Administration (ETA) of the Department of Labor (Department) is removing the regulations that implemented and governed the Title I Workforce Investment Act (WIA) programs at the national, State, and local levels and provided program requirements applicable to all WIA formula and competitive funds. Title I of WIA was repealed by Congress with the enactment of the Workforce Innovation and Opportunity Act (WIOA) on June 22, 2014, and all remaining grant funding under Title I has been closed out by the Department. Accordingly, these regulations are no longer necessary, and the Department is taking this action to remove regulations from the Code of Federal Regulations (CFR) for programs that are no longer operative.

⚖️Overview of International Criminal Court-Related Sanctions Regulations

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adding regulations to implement a February 6, 2025 International Criminal Court-related Executive order. The rule also includes information relevant to a May 9, 2025 Executive order relating to requirements for final rules published in the Federal Register. OFAC intends to supplement these regulations with a more comprehensive set of regulations, which may include additional interpretive guidance and definitions, general licenses, and other regulatory provisions.

🛢️Correction to Antidumping Duty Rate for Oil Country Tubular Goods

The U.S. Department of Commerce (Commerce) published notice in the Federal Register of May 13, 2025, in which Commerce published the final results of the antidumping duty (AD) administrative review for oil country tubular goods from India. In this notice, Commerce did not list the correct cash deposit rate for all other producers and/or exporters.

⚓Federal Maritime Commission's Investigation into Flagging Practices

The Federal Maritime Commission (Commission) is initiating a nonadjudicatory investigation into whether the vessel flagging laws, regulations, or practices of foreign countries, including so-called flags of convenience, or competitive methods employed by the owners, operators, agents, or masters of foreign-flagged vessels, are creating unfavorable shipping conditions in the foreign trade of the United States. The Commission invites the public to submit comments for its consideration.

📦U.S. Trade Commission's Determination on Large Diameter Pipe Duties

The International Trade Commission has reaffirmed countervailing and antidumping duties on large diameter welded pipe from multiple countries, highlighting concerns over potential material injury to U.S. industries. This review asserts that revocation of such duties could lead to a negative impact on domestic production, thus maintaining protective measures for U.S. manufacturers against imports.

🚫Sanctions Notice

The Department of State is publishing the names of one or more persons that have been placed on the Department of Treasury's List of Specially Designated Nationals and Blocked Persons (SDN List) administered by the Office of Foreign Asset Control (OFAC) based on the Department of State's determination, in consultation with other departments, as appropriate, that one or more applicable legal criteria of the Executive Order reimposing certain sanctions with respect to Iran were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

📜OFAC Extends Recordkeeping to 10 Years for Businesses

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this final rule to adopt, without change, an interim final rule to amend the Reporting, Procedures and Penalties Regulations (the "Regulations"), extending certain recordkeeping requirements from five to 10 years, consistent with the statute of limitations for violations of certain sanctions administered by OFAC.

✈️Reporting Requirements for U.S. Airline Operators' Foreign Revenues

By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of U.S. Airline Operators' Foreign Revenues and Expenses (BE-37). The data collected on the BE-37 survey are needed to measure U.S. trade in transport services and to analyze the impact of U.S. trade on the U.S. and foreign economies. This survey is authorized by the International Investment and Trade in Services Survey Act.

⚖️China United Lines Files Complaint Against Amazon - Business Implications

📈OFAC Adjusts Civil Monetary Penalties for Inflation, Effective 2025

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this final rule to adjust certain civil monetary penalties for inflation pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.