U.S. Navy Prevents Iran from Capturing 2 Oil Tankers

Both commercial vessels were near the Strait of Hormuz. The U.S. Navy reported that an attempt by Iranian forces to capture two oil tankers was foiled by an…

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Trade Representative Seeks to Strengthen Asian Economic Cooperation

She met with partners and peers in Tokyo and Manila. Trade Representative Katherine Tai spoke at the Foreign Correspondents Club of Japan last week, highlighting her goals of…

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Supreme Court Explores Reach of Industrial Part Trademarks

Parts makers argue they are not responsible for international infringements. The Supreme Court heard oral arguments for Abitron Austria GmbH v. Hetronic International, Inc. on Tuesday, where German-based…

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FTC and DOJ Host Asia-Pacific Economic Cooperation Workshop

Officials hold a roundtable discussion about competition policy and agency organization.  The Federal Trade Commission (FTC) and the Department of Justice (DOJ) hosted a two-day workshop last week…

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Treasury Releases Multinational Tax Guidance Document

“Pillar Two“ provides details on global minimum tax for corporations. The Organisation for Economic Co-operation and Development (OECD), an international financial forum that participates in all G20 meetings,…

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House Legislators Agree to Select Committee on China

The new committee was created with overwhelming bipartisan support. The House of Representatives has approved the creation of a new select committee that will investigate and counter threats…

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Commerce Secretary Opens SelectUSA Summit Registration

Annual event promotes foreign direct investments in the U.S. U.S. Secretary of Commerce Gina Raimondo announced on Wednesday that registration for the annual SelectUSA Investment Summit is now…

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Secretary Granholm Estimates “Record” 2023 Oil Production

Anticipates restocking global oil market without Russian supply. Energy Secretary Jennifer Granholm recently said the United States is set to produce around 12.7 million barrels of oil per…

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Russia-Ukraine War Reaches 100 Days

No path projected to end the conflict.  As Russia’s invasion of Ukraine enters its 100th day with no clear end in sight, Ukrainians are more determined than ever…

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