In response to Russia’s ongoing invasion of Ukraine, lawmakers in both chambers of Congress have introduced legislation aimed at penalizing Russia through the imposition of sanctions and other economic measures. The...more
6/6/2025
/ Economic Sanctions ,
Energy Sector ,
International Trade ,
New Legislation ,
Office of Foreign Assets Control (OFAC) ,
Proposed Legislation ,
Russia ,
Tariffs ,
Trump Administration ,
U.S. Treasury ,
Ukraine
On May 23, 2025, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued Syria General License 25 (“GL 25”), effectively lifting U.S. sanctions on Syria. This move follows President Trump’s announcement on...more
6/2/2025
/ Economic Sanctions ,
Executive Orders ,
Foreign Policy ,
Government Agencies ,
International Trade ,
Iran ,
New Regulations ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Syria ,
Trump Administration ,
U.S. Treasury
After announcing and then pausing the implementation of wide-ranging reciprocal tariffs last month, the Trump Administration has recently taken notable steps aimed at recalibrating and improving U.S. trading relationships....more
On May 8, 2025, the U.S. Treasury Department announced its intent to launch a Fast Track Pilot Program designed to streamline the Committee on Foreign Investment in the United States ("CFIUS") review process for certain...more
In response to President Trump's imposition of wide-ranging reciprocal tariffs last week, on Thursday, April 3, Senators Chuck Grassley (R-IA) and Maria Cantwell (D-WA) introduced legislation in the Senate seeking to reassert...more
On April 2, 2025, as part of a “Liberation Day” ceremony in the White House Rose Garden, U.S. President Donald Trump signed an executive order imposing wide-ranging tariffs on imports from virtually every country in the world...more
4/7/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Popular ,
Tariffs ,
Trump Administration ,
US Trade Policies
On February 10, 2025, the President of the United States of America issued two proclamations under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. §1862) (“Section 232”): (i) “Proclamation 10895”, “Adjusting Imports...more
Today, March 4, 2025, the previously announced tariffs on goods from Canada and Mexico are officially effective. As noted in our previous update, U.S. President Donald Trump announced significant additional tariffs on imports...more
Through three Executive Orders signed on February 1, 2025 (collectively, the “Executive Orders”), U.S. President Donald Trump announced significant additional tariffs on imports of goods from Canada, Mexico, and China. The...more
2/5/2025
/ Canada ,
China ,
Economic Sanctions ,
Executive Orders ,
International Trade ,
Mexico ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On December 23, 2024, the Biden administration announced that the Office of the U.S. Trade Representative ("USTR") is launching a new investigation into China's trade practices with respect to the semiconductor industry. In...more
12/24/2024
/ Aerospace ,
Biden Administration ,
China ,
Imports ,
Medical Devices ,
National Security ,
Popular ,
PRC ,
Section 301 ,
Semiconductors ,
Supply Chain ,
Tariffs ,
Technology ,
Telecommunications ,
USTR
On December 3, 2024, the Chinese Ministry of Commerce announced strict export restrictions on “dual-use” technologies. Dual-use technologies are those that are developed for civilian markets but also have military utility or...more
12/11/2024
/ Bureau of Industry and Security (BIS) ,
China ,
Dual Use Goods ,
Exports ,
Foreign Direct Product Rule ,
Intellectual Property Protection ,
Minerals ,
MInistry of Commerce ,
Regulatory Requirements ,
Semiconductors ,
Software ,
Supply Chain