Sentences with phrase «international economic emergency»

Not exact matches

US considering limits on China's tech investments The US Department of the Treasury is considering deploying a little - used law known as the International Emergency Economic Powers Act to potentially block transactions and seize assets if President Trump declares China's violation of US intellectual property rights a national eEmergency Economic Powers Act to potentially block transactions and seize assets if President Trump declares China's violation of US intellectual property rights a national emergencyemergency.

The 1977 International Emergency Economic Powers Act, which was used to place sanctions on other countries after the Sept. 11 attacks, gives the president broad authority to respond to an «unusual and extraordinary threat,» including by halting incoming Chinese transactions, nullifying business deals and freezing foreign - owned assets.

But the International Emergency Economic Powers Act could expand that power to any type of investment, whether or not it poses a security risk, and allow the administration to potentially block a high volume of Chinese deals, which Cfius does not have the resources to handle.

A senior Treasury official said last month the department is considering using the 1977 International Emergency Economic Powers Act as a way to restrict Chinese investment.

2415)(as continued in effect pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)-RRB-.

The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this subtitle.

Select Books and Recent Law Review Articles: • Public Policy in International Economic Law: The ICESCR in Trade, Finance and Investment (Oxford University Press, 2015) • Necessity and National Emergency Clauses: Sovereignty in Modern Treaty Interpretation (Martinus Nijhoff, 2012) • ASEAN Integration and Philippine Treaties (Cambridge University Press, forthcoming in ASEAN Integration through Law Series) • ASEAN Law and Regional Integration: Governance and the Rule of Law in Southeast Asia's Single Market (co-edited with David J. Cohen, Routledge, forthcoming) • International Commercial Arbitration for the Philippine Legal Profession (editor, University of the Philippines IILS Press, forthcoming) • Code of Professional Responsibility (USAID and Philippine Judicial Academy, 2007)