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New Consumer Product Safety Information Database To Post Consumer Complaints

Commencing in March 2011, the Consumer Product Safety Commission ("CPSC") will provide the public with access to product hazard information via a new database. The database will give consumers a forum to post complaints regarding products as well as provide the public with advance notice of potentially dangerous products as reported by consumers. Currently, only published product recall information has been available to the public and searchable on the CPSC website. This new database is significant in that businesses will now have to be diligent in monitoring these posts and timely responding to potentially false or misleading information.

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U.S. - China "Knit-To-Shape" Quota Exemption

The recently concluded U.S. – China textile agreement provides that certain knit-to-shape garments classifiable within quota categories 338/339 and 638/639 are exempt from quota. The quota exempt items are described as follows:

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CBP to Withdraw Opposition to First Sale Rule

U.S. Customs & Border Protection to Withdraw First Sale Rule Revocation Notice

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ALERT: Reminder on Iran Import/Export Sanctions

Reminder on Iran Import/Export Sanctions

The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISDA”) imposes a number of new restrictions on transactions involving Iran. While the Act primarily impacts banks and financial institutions, and further restricts transactions associated with Iran’s petroleum industry and elements of Iran’s military, it also bans imports of products from Iran which were previously authorized under regulations of the Office of Foreign Asset Controls (OFAC).

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