In another step to deprive a sanctioned country of revenues from petroleum sales, the U.S. government recently sanctioned more than 30 entities and vessels located around the world for their role in brokering the sale and...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
In an era of active U.S. sanctions policy, it is not uncommon to see the Office of Foreign Assets Control (“OFAC”) issue a notice changing U.S. sanctions – promulgating a new sanctions program or updating the designation of a...more
9/19/2024
/ Bad Actors ,
Corporate Counsel ,
Economic Sanctions ,
Federal Register ,
Interim Final Rules (IFR) ,
International Emergency Economic Powers Act (IEEPA) ,
Office of Foreign Assets Control (OFAC) ,
Recordkeeping Requirements ,
Reporting Requirements ,
SDN List ,
Statute of Limitations ,
TWEA