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The memorandum outlines the U.S. government's policy to protect American companies from unfair foreign practices, especially in the tech industry. It states that the U.S. will impose tariffs and take other actions against countries that apply discriminatory taxes and regulations that hurt U.S. businesses. The document instructs various U.S. officials, including the Secretary of the Treasury and the Trade Representative, to identify these foreign practices, consider responding to them, and develop strategies to mitigate their impact on American companies. The goal is to enhance the competitiveness of U.S. businesses and prevent foreign countries from exploiting them financially.

The United States International Trade Commission (ITC) has made amendments to its Rules of Practice and Procedure. The changes are designed to address technical corrections, clarify provisions, and ensure the rules are harmonized and consistent. These amendments are aimed at improving efficiency and reducing costs in the administration of agency proceedings and apply to future investigations and proceedings starting February 3, 2025. Some key updates include implementing gender-neutral language, eliminating paper copies in favor of e-filing, and refining confidentiality designations during the filing process.

The Environmental Protection Agency (EPA) is proposing changes to the National Emission Standards for Hazardous Air Pollutants (NESHAP) for the Cyanide Chemicals Manufacturing source category. These changes stem from a review under the Clean Air Act to ensure the current standards are effective in protecting public health and addressing any emission risks. While the EPA found current emissions pose acceptable risks, they are proposing updated standards for process wastewater and emphasizing electronic reporting. The aim is to enhance monitoring, compliance, and data accuracy without expecting significant changes in emissions or economic impacts for the industry.

The U.S. Department of Health and Human Services has issued a final rule revising the Adoption and Foster Care Analysis and Reporting System (AFCARS). This rule mandates that state Title IV-E agencies collect and report more detailed data related to the Indian Child Welfare Act (ICWA) for children in foster care. The aim is to better understand the experiences and outcomes for American Indian/Alaska Native (AI/AN) children and to improve culturally responsive care. States are given a three-year timeframe to implement these changes, which will take effect on October 1, 2028.

The Internal Revenue Service (IRS) has finalized new rules identifying certain micro-captive insurance arrangements as either listed transactions or transactions of interest. These rules aim to increase transparency in tax reporting and discourage abusive tax practices by requiring involved parties to disclose these transactions. If a micro-captive elects certain tax benefits but also participates in financing benefiting related parties, it may qualify as a listed transaction if specific criteria are met, such as low claim activity relative to premiums. The rules, set to take effect in January 2025, include exemptions and allow participants to avoid added reporting if they make certain changes, like revoking tax elections.

The U.S. Coast Guard announced new pilotage rates for 2025 under the Great Lakes Pilotage Act of 1960. The updated rates, which take into account factors like inflation, district operating costs, and an increase in the number of pilots, will result in a 7% rise in pilotage costs compared to the previous year. These changes are made to ensure safe and reliable pilotage services in the Great Lakes, catering to foreign merchant vessels and any U.S. vessel engaged in foreign trade. The Coast Guard reviewed public comments on these changes but made no alterations to the proposed rates.

The U.S. Department of Commerce has updated its regulations to improve the management of antidumping and countervailing duty (AD and CVD) laws. These changes aim to make the rules clearer and increase transparency by detailing how duties are applied and calculated. The amendments address issues like determining duty rates for nonmarket economies and handling subsidies from foreign governments. These new rules will take effect on January 15, 2025, to better enforce fair trade practices.

The Department of Labor (DOL) is seeking approval for an information collection request regarding the National Compensation Survey from the Office of Management and Budget (OMB), as required by the Paperwork Reduction Act of 1995. The survey gathers data on earnings and benefits from private firms and government, which is used to produce important economic indicators like the Employment Cost Index. The DOL invites public comments on the necessity, accuracy, and burden of the data collection, which is crucial for evaluating employee compensation trends. Responses to this request are due by March 31, 2021.

The National Highway Traffic Safety Administration (NHTSA) issued a final rule amending the Federal Motor Vehicle Safety Standard No. 208 to enhance seat belt warning systems. The rule requires new warnings for rear seats and updates existing ones for the driver and front passenger seats in vehicles weighing 10,000 pounds or less. It mandates that these warnings be visible and audible to encourage seat belt use, aiming to address safety concerns and reduce injuries and fatalities. These changes must be implemented by September 1, 2027, for rear seat warnings and by September 1, 2026, for front seat warnings, with manufacturers given two years to comply.

The U.S. Customs and Border Protection (CBP) is proposing changes to the regulations for low-value shipments, where the retail value does not exceed $800. Merchandise affected by specific trade or national security measures would no longer be eligible for an administrative exemption from duties and taxes. This proposal aims to protect U.S. revenue and ensure compliance with trade laws. Public comments are requested before March 24, 2025, and additional details can be submitted through the Federal eRulemaking Portal.