American Trade & Manufacturing Blog

Nova Daly

Nova Daly

Nova Daly, an experienced international investment and trade policy professional, has held senior leadership positions at the U.S. Departments of the Treasury and Commerce, the White House, and the U.S. Senate. Drawing on his experience in the management, development, and implementation of the U.S. economic and national security policies and programs, he provides both high-level insight and deep operational experience to help clients navigate the policy and regulatory environment surrounding cross-border business activities, especially through the Committee on Foreign Investment in the United States (CFIUS).

 
ndaly@wileyrein.com

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Webinar: What You Need to Know About the USMCA Agreement

Posted in Announcements, Antidumping
What You Need to Know About the USMCA Agreement: What’s In It, How It Will Affect Your Business, How It Is Different from NAFTA, and What’s Next The US-Mexico-Canada Agreement (USMCA) is a modernization of the North American Free Trade Agreement (NAFTA), the 24-year old trilateral trade deal. Dan Pickard, Steve Claeys, and Nova Daly will… Continue Reading

Webinar: The New Immediate & MANDATORY CFIUS Filing Regulations – What You Need to Know and Do Before the Regulations Take Effect on November 10

Posted in Announcements
The New Immediate & MANDATORY CFIUS Filing Regulations – What You Need to Know and Do Before the Regulations Take Effect on November 10 Wednesday, October 24, 2018 | 12:00 p.m. – 1:00 p.m. (EDT) New CFIUS regulations were announced on October 10, 2018, and will go into effect on November 10, 2018. Rick, Nova,… Continue Reading

New Regulations Implement Significant Expansion of CFIUS Jurisdiction – Mandatory Filings and Civil Penalties

Posted in CFIUS
On October 10, 2018, the U.S. Department of the Treasury took the first step toward implementing the recently enacted Foreign Investment Risk Review Modernization Act (FIRRMA) by publishing new regulations that empower the Committee on Foreign Investment in the United States (CFIUS) to review transactions that were not previously subject to CFIUS scrutiny. Treasury also implemented several… Continue Reading

CFIUS Reform Legislation Signed into Law – Important Changes Become Effective Immediately

Posted in CFIUS
President Trump signed the Foreign Investment Risk Review Modernization Act (FIRRMA) into law today, August 13, 2018, as part of the National Defense Authorization Act for Fiscal Year 2019 (NDAA). FIRRMA significantly expands the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to review transactions that were not previously subject to… Continue Reading

USTR Announces List of $200 Billion Worth of Chinese Goods that May Be Subject to 10 Percent Tariffs

Posted in Customs Law, Trade Policy
On July 10, 2018, the United States Trade Representative (USTR) issued another list of Chinese products that may be subject to 10% duties stemming from the Section 301 investigation into China’s unfair practices related to technology transfer, intellectual property, and innovation. This list of products includes 6,031 tariff subheadings, covering a broad range of products, including agricultural… Continue Reading

House Passes CFIUS Reform Bill

Posted in CFIUS
The U.S. House of Representatives yesterday passed by an overwhelming margin of 400-2 its version of the Foreign Investment Risk Review Modernization Act (FIRRMA). The landmark bipartisan legislation would significantly expand the jurisdiction and operational mandate of the Committee on Foreign Investment in the United States (CFIUS) and reform the CFIUS review process in a… Continue Reading

USTR Announces Chinese Goods Subject to 25 Percent Tariffs

Posted in Trade Remedies
U.S. Will Review Additional Goods, Chinese Investment Restrictions Today, June 15, 2018, the Office of the United States Trade Representative (USTR) announced Chinese products that will and may be subject to special duties stemming from the Section 301 investigation into China’s IP practices. USTR has released two lists. List 1 covers 818 tariff lines that… Continue Reading

Back to the Future: What Your Company Needs to Know and Do About the Reinstated Iran Sanctions

Posted in Economic Sanctions
Webinar: Wednesday, June 6, 2018 | 12:00 p.m. – 1:00 p.m. EDT RSVP Here On May 8, President Trump announced the United States’ withdrawal from participation in the Joint Comprehensive Plan of Action (JCPOA), the landmark 2015 agreement that eased sanctions on Iran in exchange for curbs on Iran’s nuclear program. The U.S. government’s withdrawal… Continue Reading

The New Section 301 Tariffs: Everything You Need to Know

Posted in Uncategorized
Please join us on Friday, May 4th for a webinar on the new Section 301 Tariffs. Wiley Rein International Trade Practice partners Steve Claeys and Maureen Thorson, and senior public policy advisor Nova Daly will discuss the goods and industries that will be affected, the implementation process, and how these tariffs may affect other sectors… Continue Reading

Update to China Section 301 Client Alert – USTR Releases Product List

Posted in Trade Remedies
On April 3, 2018, the Office of the United States Trade Representative (USTR) released a proposed list of products that will be subject to tariffs as part of the Administration’s response to findings from the Section 301 investigation into China’s IP practices. The list includes nearly 1,300 HTS codes and tariffs of 25%, in addition to any… Continue Reading

UPDATE: President Signs Memorandum Penalizing China IP Violations

Posted in Trade Policy
Today, President Trump signed a Memorandum regarding the Section 301 investigation into China’s IP practices. In response to the U.S. Trade Representative’s (USTR) findings that the Chinese government’s practices and policies related to technology transfer, IP, and innovation are unreasonable or discriminatory and burden or restrict U.S. commerce, the Memorandum instructs USTR to publish, within 15 days,… Continue Reading

President Expected to Issue Billions in Tariffs on Chinese Goods, Investment Restrictions, and Possible WTO Case Due to China IP Violations

Posted in Trade Remedies
Brief President Trump is expected today to announce his determination and possible remedies regarding a Section 301 investigation into China’s Intellectual Property practices. The United States Trade Representative (USTR) conducted the investigation and is expected to issue its report detailing its findings soon as well. According to sources, the President is expected to impose tariffs… Continue Reading

U.S. Trade Representative Announces Safeguard Tariffs on Solar Cell and Module Imports

Posted in Trade Remedies
On Monday, the Trump Administration announced that President Trump had approved the imposition of new tariffs on imports of solar cells and modules, as well as a tariff-rate quota on imports of washing machines. The government will impose a 30% tariff on all imported cells and modules in the first year, which will drop to… Continue Reading

USTR Year in Review & Potential 2018 Trade Policy Changes Webinar

Posted in Announcements
In the first year of his Administration, President Trump has taken several actions that are creating trade uncertainties for businesses and governments worldwide. Join us for a policy and law briefing to learn about new opportunities and challenges presented by the Administration’s actions in its first year, how new trade policies may affect domestic and… Continue Reading

CBP to Publish New Regulations on Evasion of Antidumping and Countervailing Duties

Posted in Announcements, Antidumping, Customs Law, Dumping and Subsidies, Trade Remedies
New Regulations Allow for Investigation of Duty Evasion U.S. Customs and Border Protection (CBP) released interim final regulations setting up a new procedure for investigating evasion of antidumping (AD) and countervailing duties (CVD).  The interim regulations, which are subject to public comment, put into place important provisions of the “Enforce and Protect Act of 2015,”… Continue Reading

Congress Moves Forward on ENFORCE Trade Evasion Legislation

Posted in Dumping and Subsidies, Manufacturing, Trade Agreement Compliance, Trade Policy, Uncategorized, World Trade Organization
  Congress took an important step toward strengthening U.S. trade law enforcement by moving forward a conference report on the Trade Facilitation and Trade Enforcement Act of 2015 (H.R. 644), which includes the Enforcing Orders and Reducing Customs Evasion (ENFORCE) Act. ENFORCE addresses the serious and growing problem of evasion of antidumping and countervailing duties.… Continue Reading

United States Concludes 12-Nation Trans-Pacific Partnership Trade Agreement

Posted in TPP, Uncategorized
After eight years of negotiations, the United States and 11 other nations concluded the Trans-Pacific Partnership (TPP) trade agreement on Monday in Atlanta. The 12 nations announced their agreement at a press conference hosted by U.S. Trade Representative Michael Froman on Monday morning. The agreement is the largest ever free trade agreement, covering approximately 40… Continue Reading
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