President Trump has used tariffs as a significant point of geopolitical leverage since the beginning of his second term. Indeed, his administration dubbed April 2, 2025 “Liberation Day” in honor of a sweeping set of tariffs...more
4/9/2025
/ China ,
Economic Sanctions ,
Energy Sector ,
Executive Orders ,
Human Rights ,
Imports ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Tariffs ,
Trump Administration ,
U.S. Treasury ,
Venezuela
On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US Department of the Treasury enacted sweeping new sanctions on the Russian energy sector. Specifically,...more
1/17/2025
/ Biden Administration ,
Blocking Sanctions ,
Economic Sanctions ,
Energy Sector ,
General Licenses ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Petroleum ,
Popular ,
Renewable Energy ,
Russia ,
Sanctions ,
SDN List ,
U.S. Treasury
Last week, the Office of Foreign Assets Control (OFAC) announced an interim final rule which amends the recordkeeping and reporting requirements relating to the various economic sanctions programs it enforces. Notably, the...more