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Biden Set To Veto Solar Duty Resolution

President Joe Biden will veto a resolution that would allow for new tariffs on solar energy equipment if the legislation passes Congress, the White House Office of Management and Budget said in a policy statement Monday.

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Congress Takes 1st Steps Toward Defying Biden On Trade

The House Ways and Means Committee voted against President Joe Biden's moratorium on new solar product tariffs Thursday, and experts are watching the legislation's progress as a potential indicator of more congressional trade policing to come.

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DOJ, Treasury Targeting Sinaloa Cartel's Fentanyl Supply Chain

The U.S. Department of Justice, U.S. Treasury Department and other agencies announced actions Friday targeting the flow of fentanyl into the U.S., starting with precursor chemicals allegedly imported from China to Mexico by the Sinaloa Cartel.

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Microsoft To Pay $3.3M In Sanctions, Export Controls Cases

Microsoft will pay $3.3 million in fines and penalties to settle charges related to more than 1,300 instances where European subsidiaries provided software and services to blacklisted parties in Russia and elsewhere, federal agencies announced Thursday.

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Feds And Industry Face Off In Solar Safeguard Appeal

The federal government and solar industry squared off before a Federal Circuit panel Monday, where the Biden administration is working to overturn a trade court ruling limiting the president's power to amplify safeguard measures after they go into effect.

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Wells Fargo To Pay $98M For Sanctions Violations

Wells Fargo will pay $97.8 million for its part in facilitating more than 100 financial transactions in violation of U.S. sanctions against Iran, Syria and Sudan, the U.S. Department of the Treasury and the Federal Reserve said Thursday.

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High Court Declines Steel Tariff Challenge

The U.S. Supreme Court denied a petition Monday from steel importers challenging the U.S. Department of Commerce report that led to national security duties on the metal, notching yet another win for the contested duties.

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Trade Court Rules Against Importers In China Tariff Test Case

The U.S. Court of International Trade dashed the hopes of more than 3,600 companies that challenged levies covering $300 billion of Chinese goods, affirming the Office of the U.S. Trade Representative's approach to crafting the duties.

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