President Biden Signs Executive Order to Review and Strengthen US Supply Chains

On February 24, 2021, President Biden signed an Executive Order on America’s Supply Chains (the “Supply Chain EO”) ordering federal agencies to identify vulnerabilities in key US supply chains and develop policy recommendations to make those supply chains more resilient, diverse, and secure.

See https://www.federalregister.gov/documents/2021/03/01/2021-04280/americas-supply-chains

USTR Declines to Adjust Sec. 301 Action in Large Civil Aircraft Dispute

On February 12, 2021, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice stating that the USTR together with the affected United States industry have agreed that it is unnecessary at this time to revise the action in the Section 301 investigation involving the enforcement of US rights in the World Trade Organization (WTO) dispute involving Large Civil Aircraft subsidies provided by certain current or former member States of the European Union. The USTR will continue to consider the action taken in the investigation.

See: https://www.govinfo.gov/content/pkg/FR-2021-02-12/pdf/2021-02869.pdf

US Government Imposes Sanctions Against Burma

On February 10, 2021, President Biden issued Executive Order 14014 “Blocking Property with Respect to the Situation in Burma” (EO 14014), which provides for the imposition of sanctions on certain Burmese parties in response to the Burmese military’s coup against the democratically elected civilian government in Burma. In parallel with the issuance of EO 14014, the US Treasury Department’s Office of Foreign Assets Control (OFAC) designated thirteen parties on February 10, 2021 and two parties on February 22, 2021 connected to the military apparatus responsible for the coup.

See:

https://www.govinfo.gov/content/pkg/FR-2021-02-12/pdf/2021-03139.pdf

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210211

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210222_33