TPG Pressure, a U.S. supplier of construction equipment and services that accused U.S.-based Omni Logistics in 2022 of charging unsubstantiated and unlawful demurrage fees (see 2212020027), isn't entitled to compensation, an administrative law judge ruled last week.
China officially requested dispute consultations with Canada at the World Trade Organization Sept. 11 regarding Canada's upcoming tariffs on various Chinese goods (see 2409040007), including electric vehicles and steel and aluminum products, the WTO announced. If consultations have failed to settle the matter within 60 days, China can request a dispute panel.
The Treasury Department this week sanctioned 10 people and six entities in Iran and Russia involved in trading Iranian weapons and drones, along with four vessels delivering those shipments. The State Department also designated various shipping companies and vessels, including Iran Air, which the agency said is being used to move Western-origin goods to Russia.
The Georgia Institute of Technology is severing ties with China-based Tianjin University, a school added to the Bureau of Industry and Secuirty’s Entity List in 2020, saying Tianjin’s placement on the list has made their relationship “no longer tenable.”
The banking industry’s increasing overcompliance with U.S. sanctions is leading to an uptick in unnecessary financing delays and transaction cancellations, nongovernmental organizations told the Treasury Department. They said the issues are causing hurdles for humanitarian groups trying to deliver aid abroad and raising discrimination concerns among foreigners living in the U.S.
Gholam Reza Goodarzi, a dual U.S. and Iranian citizen living in Porter, Texas, made his initial appearance in a Texas federal court on Sept. 3 after his arrest for allegedly smuggling parts used in the production of unmanned aerial vehicles to Iran, DOJ announced.
With Russia having recently restarted production of liquefied natural gas at its Western-sanctioned Arctic LNG 2 project, compliance officers should prepare for the increased but “manageable” risks that Russian LNG poses, according to a new report released by Blackstone Compliance Services.
The Federal Maritime Commission this week ordered AAF Logistics, a California-based non-vessel operating common carrier, to pay more than $291,000 to Chicago-based distributor Color Brands, which accused AAF in 2022 of charging for cargo insurance it didn't obtain and improperly denying damaged cargo claims.
The U.S. removed sanctions from a former board member of one of Russia’s largest private banks more than two years after he submitted a delisting petition and about 10 months after he sued the State Department for stalling a decision on that petition without explanation.
Hungarian national Bence Horvath was charged with violating U.S. export controls on Russia by conspiring to ship radio communications technology to Russian government end users without a license, DOJ announced Aug. 26. Horvath is charged with one count of conspiring to violate the Export Control Reform Act of 2018.