Global Trade Alert
Global Trade Alert

United States of America: Foreign Investment Risk Review Modernization Act

Announcement

13 Aug 2018

The FIRRMA overhauls the operations of the Committee on Foreign Investment in the United States in ways that expand the scope of the committee’s jurisdiction and may be more likely to lead to determinations that prohibit acquisitions of U.S. companies by foreign investors


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Number of interventions

3

2 certainly harmful

1 likely harmful

0 liberalising

List of interventions

3 in force

Implementation date

13 Aug 2018

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On August 13, 2018 President Trump signed into law the John McCain National Defense Authorization Act for Fiscal Year 2019 (NDAA). One section of this law is the Foreign Investment Risk Review Moderni...

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Public procurement, nes In force

Section 889 generally prohibits procurement of certain telecom equipment from certain Chinese firms. It provides in relevant part that the head of an executive agency may not— (A) procure or obtain or...

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Implementation date

13 Aug 2018

Revocation date:

No revocation date

Export-related non-tariff measure, nes In force

The export-control provisions in the bill, as provided in Subtitle B, are known as the Export Controls Act of 2018. Viewed in isolation, these provisions might appear as a substantial expansion in pre...

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