Tag Archives: North Carolina

Global Carolina Connections Conference Helps Business Leaders ‘Stay Up to Date’ on Foreign Investment in the Southeast

Foreign direct investment (FDI) continues to be a major engine of growth in our country. Over the past five years, employment by foreign companies has risen much faster than overall private sector employment in the Carolinas and in the U.S. at large. Today, the U.S. remains the number one destination for FDI in the world. … Continue Reading

Trade Wars: Do the Steel and Aluminum Tariffs Create a Force Majeure to Excuse Contract Performance Under North Carolina or South Carolina Law?

The federal government recently implemented new tariffs on steel and aluminum pursuant to Section 232 of the Trade Expansion Act of 1962. Effective March 23, the government imposed a 25 percent tax on steel and a 10 percent tax on aluminum on imports into the United States from any country other than Canada and Mexico. … Continue Reading
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