In The News

Dec 16, 2024 : Wine Duty Drawback: Boosting Exports or Hurting Domestic Growers? - The Wine Industry Network - Camile Edwards comments on the concept of Customs import duty drawback within the U.S. wine industry.

Nov 01, 2024 : Outbound rule released; experts say regime could also impact U.S. companies. - Foreign Investment Watch - Olga Torres shares her key highlights on the Treasury Departments final outbound rule, which regulates U.S. investment in China.

Aug 06, 2024 : Will new beneficial ownership law aid CFIUS’s ongoing NNT search? - Foreign Investment Watch - Derrick Kyle comments on the Corporate Transparency Act (CTA) potentially aiding the Committee on Foreign Investment in the United States (CFIUS) search for non-notified covered transactions by obtaining the beneficial ownership information required to be disclosed under the CTA.

Jun 10, 2024 : BIS List Shows Companies Suspected of Shipping Controlled Items to Russia. - Export Compliance Daily - Torres Trade Advisory's Senior Advisor, Donald Pearce, comments on red-flag letters issued by the U.S. Department of Commerce Bureau of Industry and Security (BIS) earlier this year advising companies to conduct additional due diligence when dealing with certain parties suspected of diversion to Russia -though not yet listed on any proscribed lists.

Apr 08, 2024 : Iran’s Better, Stealthier Drones Are Remaking Global Warfare. - Bloomberg - Torres Trade Advisory's Senior Advisor, Donald Pearce, comments on U.S. attempts to counter the diversion of U.S. components used in the Iranian drone industry.

Oct 15, 2023 : Is CFIUS reviewing cryptomining facilities owned by Chinese entities? - Foreign Investment Watch - Olga Torres comments on cryptomining facilities in the U.S. near military facilities.

Jun 21, 2023 : Russian Military Uses China in Sourcing Banned Tech from 59 U.S. Firms - Newsweek - Olga Torres comments on trade compliance practices.

Jun 21, 2023 : Russian Military Uses China in Sourcing Banned Tech from 59 U.S. Firms - Newsweek - Torres Trade Advisory's Senior Advisor, Donald Pearce, comments on conducting end-use checks in China.

Oct 06, 2022 : She’s a Doctor. He Was a Limo Driver. They Pitched a $30 Million Arms Deal. - New York Times - Olga Torres comments on the Biden Administration and arm sales to Ukraine.

Sep 26, 2022 : Jump in Xinjiang exports to US raises eyebrows - South China Morning Post - Olga Torres comments on imports from China's Xinjiang region where the U.S. has imposed the Uygur Forced Labour Prevention Act.

Apr 07, 2022 : China's balancing act over Ukraine offers Washington a subtle 'win' - Reuters - Torres Trade Advisory's Senior Advisor, Donald Pearce, comments on China's balancing act over Ukraine and what it means for Washington.

Mar 09, 2022 : Shipping Russia banned goods may lead to blacklisting, U.S. warns companies - Reuters - Torres Trade Advisory's Senior Advisor, Donald Pearce, comments on potential diversion of U.S. goods into Russia

Dec 17, 2021 : US importers to face ‘crazy hard’ hurdles once bill targeting Xinjiang forced labour becomes law - South China Morning Post - Olga Torres comments on US importers having to prove to the US government that no forced labor was used to produce their goods.

Oct 26, 2021 : A rare form of quartz is key to Xinjiang’s solar boom, and almost all of it is in the US - South China Morning Post - Olga Torres comments on the US governments crack down on China's Xinjiang regions solar industry.

Aug 06, 2021 : Exclusive survey: CFIUS readiness improved over the last 12 months - Foreign Investment Watch - Olga Torres provided commentary for the Foreign Investment Watch survey on CFIUS readiness. According to this new survey, both corporate executives and outside counsel feel more knowledgeable about CFIUS and feel better prepared to comply with filing obligations or inquiries from the Committee.

Dec 30, 2020 : As US moves to renewable energy, wind turbines from Xinjiang may get caught in political tempest - South China Morning Post - Olga Torres comments on the suspected use of forced labor in Xinjiang where the US government has begun restricting trade from the area.

Dec 16, 2019 : Photos of Air China refueling in Pyongyang raise questions about supply-lines - North Korea News - Olga Torres comments on the international sanctions imposed to prevent North Korea from importing jet fuel.

Mar 13, 2018 : Contractors wonder how DOD will enforce supply chain security requirements - Inside Washington Publishers - Olga Torres comments on the practical implications for compliance with the NIST SP 800-171 requirements.