Latest news with #WileyRein
USA Today
5 days ago
- Automotive
- USA Today
Augusta-based golf cart companies applaud tariffs applied to Chinese products
The world's top two golf cart manufacturers, both headquartered in Augusta, Georgia, are cheering a decision they say will help battle Chinese trade practices considered oppressive and unfair. The nonpartisan U.S. International Trade Commission has announced that Textron Specialized Vehicles Inc. and Club Car LLC, and their domestic competitors, "have been materially injured by unfairly traded imports" of low-speed personal vehicles from China. The announcement underscores Commerce's stated commitment in June to impose antidumping tariffs of between 119 percent and 478 percent, and countervailing tariffs at rates between 31 percent and 679 percent. As The Augusta Chronicle first reported in December 2024, the U.S. Department of Commerce concluded that China's government has engaged in antidumping and countervailing activities undercutting domestic vehicle makers. Antidumping is when foreign manufacturers sell goods at less-than-fair value. Countervailing is when a foreign government subsidizes manufacturers to enable them to sell goods cheaply. The ITC's decision "will help to protect the health of a uniquely American industry and the livelihoods of thousands of American workers who build golf cars, low-speed vehicles, and personal-transportation vehicles to serve customers around the world," said Rob Scholl, president and CEO of Textron Specialized Vehicles. "This final determination from the U.S. International Trade Commission is a clear win for fair competition and the thousands of American jobs that power our industry," said Craig Scanlon, president and CEO of Club Car. Law firm Wiley Rein counseled an advocacy group called the American Personal Transportation Vehicle Manufacturers Coalition through its filings of several unfair-trade protests. Wiley Rein announced the ITC's decision on July 17.
CNN
11-07-2025
- Business
- CNN
Chinese hackers suspected in breach of powerful DC law firm
Suspected Chinese hackers have broken into the email accounts of attorneys and advisers at a powerful Washington, DC, law firm in an apparent intelligence-gathering operation, the firm, Wiley Rein, told clients this week in a memo reviewed by CNN. The hackers responsible have been known to target information related to trade, Taiwan and US government agencies involved in setting tariffs and reviewing foreign investment, said the notice from the firm. 'We believe, based on the evidence reviewed to date, that a group that may be affiliated with the Chinese government accessed messages in the Microsoft 365 accounts of certain Wiley personnel for intelligence gathering purposes,' the memo said. The breach comes after the Trump administration escalated America's trade war with China this spring by slapping unprecedented tariffs on Chinese exports to the United States. The tit-for-tat tariffs set off a scramble in both governments to understand each other's positions. With clients that span the Fortune 500 and a team of top trade attorneys, Wiley Rein is a powerful player in helping US companies and the government navigate the trade war with China. The firm describes itself as 'wired into Washington' and says it provides 'unmatched insights into the evolving priorities of agencies, regulators, and lawmakers.' Wiley Rein told clients it is still working to determine what information the hackers accessed. 'We also notified law enforcement and are coordinating with them.' CNN has requested comment from Wiley Rein and the FBI, which typically investigates high-profile hacks with national security implications. Google-owned security firm Mandiant is remediating the hack, the Wiley Rein memo said. CNN has requested comment from Mandiant. CNN has also requested comment from the Chinese Embassy in Washington, DC. It's only the latest suspected Chinese intrusion into a US organization that handles sensitives trade or investment matters. CNN reported in January that Chinese hackers had breached the US government office that reviews foreign investments for national security risks. Foreign investment reviews play an important role in the relationship between the world's two biggest economies. On Friday, the Trump administration announced that it had blocked a Hong Kong-based firm's acquisition of Jupiter Systems, a supplier of audio-visual equipment. The statement cited the 'potential compromise of Jupiter's products used in military and critical infrastructure environments.' For years, across Republican and Democratic administrations, US officials have tried to come to grips with China's formidable cyber capabilities. The FBI has said that China has a bigger hacking program than all other foreign governments combined. The hack of Wiley Rein could add to one of numerous open investigations that the FBI has into Beijing-linked cyber-espionage. The FBI is still dealing with the sweeping Chinese compromise of US telecom providers that targeted the phone communications of senior US leaders, including then-presidential candidate Trump and became public last year. AT&T, Verizon and other big communications firms were breached. 'We don't know if we're done identifying victims or if there will be more,' Brett Leatherman, the assistant director of the FBI's Cyber Division, said in an interview last month with CNN, referring to the telecom hacking campaign. But the FBI does believe the telecom firms have contained the hackers after many months of investigation, he said. 'Beijing's cyber doctrine is more than access,' Leatherman added. 'It's about building long-term leverage.'
CNN
11-07-2025
- Business
- CNN
Chinese hackers suspected in breach of powerful DC law firm
Suspected Chinese hackers have broken into the email accounts of attorneys and advisers at a powerful Washington, DC, law firm in an apparent intelligence-gathering operation, the firm, Wiley Rein, told clients this week in a memo reviewed by CNN. The hackers responsible have been known to target information related to trade, Taiwan and US government agencies involved in setting tariffs and reviewing foreign investment, said the notice from the firm. 'We believe, based on the evidence reviewed to date, that a group that may be affiliated with the Chinese government accessed messages in the Microsoft 365 accounts of certain Wiley personnel for intelligence gathering purposes,' the memo said. The breach comes after the Trump administration escalated America's trade war with China this spring by slapping unprecedented tariffs on Chinese exports to the United States. The tit-for-tat tariffs set off a scramble in both governments to understand each other's positions. With clients that span the Fortune 500 and a team of top trade attorneys, Wiley Rein is a powerful player in helping US companies and the government navigate the trade war with China. The firm describes itself as 'wired into Washington' and says it provides 'unmatched insights into the evolving priorities of agencies, regulators, and lawmakers.' Wiley Rein told clients it is still working to determine what information the hackers accessed. 'We also notified law enforcement and are coordinating with them.' CNN has requested comment from Wiley Rein and the FBI, which typically investigates high-profile hacks with national security implications. Google-owned security firm Mandiant is remediating the hack, the Wiley Rein memo said. CNN has requested comment from Mandiant. CNN has also requested comment from the Chinese Embassy in Washington, DC. It's only the latest suspected Chinese intrusion into a US organization that handles sensitives trade or investment matters. CNN reported in January that Chinese hackers had breached the US government office that reviews foreign investments for national security risks. Foreign investment reviews play an important role in the relationship between the world's two biggest economies. On Friday, the Trump administration announced that it had blocked a Hong Kong-based firm's acquisition of Jupiter Systems, a supplier of audio-visual equipment. The statement cited the 'potential compromise of Jupiter's products used in military and critical infrastructure environments.' For years, across Republican and Democratic administrations, US officials have tried to come to grips with China's formidable cyber capabilities. The FBI has said that China has a bigger hacking program than all other foreign governments combined. The hack of Wiley Rein could add to one of numerous open investigations that the FBI has into Beijing-linked cyber-espionage. The FBI is still dealing with the sweeping Chinese compromise of US telecom providers that targeted the phone communications of senior US leaders, including then-presidential candidate Trump and became public last year. AT&T, Verizon and other big communications firms were breached. 'We don't know if we're done identifying victims or if there will be more,' Brett Leatherman, the assistant director of the FBI's Cyber Division, said in an interview last month with CNN, referring to the telecom hacking campaign. But the FBI does believe the telecom firms have contained the hackers after many months of investigation, he said. 'Beijing's cyber doctrine is more than access,' Leatherman added. 'It's about building long-term leverage.'
CNN
11-07-2025
- Business
- CNN
Chinese hackers suspected in breach of powerful DC law firm
Suspected Chinese hackers have broken into the email accounts of attorneys and advisers at a powerful Washington, DC, law firm in an apparent intelligence-gathering operation, the firm, Wiley Rein, told clients this week in a memo reviewed by CNN. The hackers responsible have been known to target information related to trade, Taiwan and US government agencies involved in setting tariffs and reviewing foreign investment, said the notice from the firm. 'We believe, based on the evidence reviewed to date, that a group that may be affiliated with the Chinese government accessed messages in the Microsoft 365 accounts of certain Wiley personnel for intelligence gathering purposes,' the memo said. The breach comes after the Trump administration escalated America's trade war with China this spring by slapping unprecedented tariffs on Chinese exports to the United States. The tit-for-tat tariffs set off a scramble in both governments to understand each other's positions. With clients that span the Fortune 500 and a team of top trade attorneys, Wiley Rein is a powerful player in helping US companies and the government navigate the trade war with China. The firm describes itself as 'wired into Washington' and says it provides 'unmatched insights into the evolving priorities of agencies, regulators, and lawmakers.' Wiley Rein told clients it is still working to determine what information the hackers accessed. 'We also notified law enforcement and are coordinating with them.' CNN has requested comment from Wiley Rein and the FBI, which typically investigates high-profile hacks with national security implications. Google-owned security firm Mandiant is remediating the hack, the Wiley Rein memo said. CNN has requested comment from Mandiant. CNN has also requested comment from the Chinese Embassy in Washington, DC. It's only the latest suspected Chinese intrusion into a US organization that handles sensitives trade or investment matters. CNN reported in January that Chinese hackers had breached the US government office that reviews foreign investments for national security risks. Foreign investment reviews play an important role in the relationship between the world's two biggest economies. On Friday, the Trump administration announced that it had blocked a Hong Kong-based firm's acquisition of Jupiter Systems, a supplier of audio-visual equipment. The statement cited the 'potential compromise of Jupiter's products used in military and critical infrastructure environments.' For years, across Republican and Democratic administrations, US officials have tried to come to grips with China's formidable cyber capabilities. The FBI has said that China has a bigger hacking program than all other foreign governments combined. The hack of Wiley Rein could add to one of numerous open investigations that the FBI has into Beijing-linked cyber-espionage. The FBI is still dealing with the sweeping Chinese compromise of US telecom providers that targeted the phone communications of senior US leaders, including then-presidential candidate Trump and became public last year. AT&T, Verizon and other big communications firms were breached. 'We don't know if we're done identifying victims or if there will be more,' Brett Leatherman, the assistant director of the FBI's Cyber Division, said in an interview last month with CNN, referring to the telecom hacking campaign. But the FBI does believe the telecom firms have contained the hackers after many months of investigation, he said. 'Beijing's cyber doctrine is more than access,' Leatherman added. 'It's about building long-term leverage.'
Yahoo
02-06-2025
- Business
- Yahoo
China negotiations are 'high priority' for the Trump admin.
Tensions are rising as the US and China's trade accusations over trade practices and access to critical minerals mount. Timothy Brightbill, partner at Wiley Rein, joins Catalysts to explain what's driving the latest tariff standoff and where negotiations could head next. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Talk to me about this tit-for-tat between the US and China both accusing each other of the same thing. Is there any merit to that? Is this just negotiation in the art of the deal? Where does this sit with you? Uh, thanks for having me this morning, Madison. There, I think, uh, there's, uh, there are things going on on both sides here. Uh, the United States and China, uh, both are have some accurate statements that they've made. The Trump administration is clearly frustrated with China, uh, that it's not living up to the May 12th agreement, and in particular, that it's slowing down access to rare earth magnets and other critical minerals, which are needed for so many different segments of manufacturing. Uh, now MOFCOM, of course, has pushed back and said that it's the United States that is escalating the situation, uh, first with restrictions on the sale of chip design software to China, and then also some of the other issues, such as the announcement to revoke visas of Chinese students. So, I think, uh, both sides make some valid claims. It's mostly negotiations, but we do want to see these discussions move forward, um, given the size of the tariffs that have been suspended between the two countries. And talk to me about what that looks like. What would be the impetus to make these negotiations move forward? Are you seeing any signals of further discussions happening? I think both sides are very interested. So, uh, yes, I think there are signals of more discussions. Uh, there will be other opportunities going on. There is an OECD meeting this week. Uh, this is a high priority for the administration, for Ambassador Greer, um, but there's a lot of ground to cover and a lot of very hot button issues between the two countries. So, not clear how how quickly it will be resolved.
