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Foreign Relations › Secondary Sanctions

Troutman Pepper Locke

Unprecedented "Secondary Tariffs" for Oil Trade With Venezuela

Troutman Pepper Locke on

On April 2 — labeled “Liberation Day” by President Trump — the Trump administration is set to add a new sanctions-like boost to its tariff strategy, with a threat to impose unprecedented “secondary tariffs” of 25% on “all...more

Troutman Pepper Locke

Financial Transactions Related to Russian Energy Now Prohibited: Expiration of OFAC ‎General License 8L

Troutman Pepper Locke on

On March 12, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) allowed General License (GL) 8L under the Russian Harmful Foreign Activities Sanctions Regulations to expire. As a result, broad OFAC...more

Kelley Drye & Warren LLP

New primary and secondary sanctions on Iranian construction, mining, manufacturing, metals and textile industries

Kelley Drye & Warren LLP on

Today the president signed a new Executive Order (E.O.) announcing expanded primary and secondary sanctions on Iran, focused on the construction, mining, manufacturing, and textile industries....more

K2 Integrity

FINCast Ep. 19 - The DPRK Sanctions Program

K2 Integrity on

In this episode, FIN Principal Daniel Glaser and FIN Vice President David Murray focus on the North Korea Sanctions program. These experts discuss the program's complexities, challenges, and importance in the geopolitical...more

Akin Gump Strauss Hauer & Feld LLP

Trump Administration Expands Sanctions Targeting Iran’s Industrial Metals Sector

Akin Gump Strauss Hauer & Feld LLP on

• President Trump issued a new Executive Order (EO) on May 8, 2019—exactly one year after the Trump administration withdrew from the Iran nuclear deal—that widened the scope of existing sanctions targeting the Iranian...more

Holland & Knight LLP

Ambassador Bolton Warns of Potential U.S. Secondary Sanctions Against Venezuela - Non-U.S. Entities Transacting with Certain...

Holland & Knight LLP on

• National Security Advisor Ambassador John Bolton issued a statement threatening sanctions against non-U.S. banks for facilitating illegitimate transactions with certain Venezuelan individuals and entities. • This...more

Sheppard Mullin Richter & Hampton LLP

Lurches, Leaps, Feints, and Flops: Movements Without Motion in Russian Sanctions Policy

Sheppard Mullin Richter & Hampton LLP on

Since the U.S. Government determined that Russia interfered in the 2016 election, movement around Russia sanctions policy has been vigorous, if not unidirectional. In 2016, the United States implemented twice sanctions...more

Jones Day

With Tensions Rising, the United States Imposes Additional Sanctions on North Korea

Jones Day on

In Short - The Situation: Over the past several months, North Korea has engaged in several activities, particularly relating to missile and nuclear testing, that violate several United Nations resolutions and that...more

Latham & Watkins LLP

Expanded Russia, Iran, and North Korea Sanctions; Top 10 Takeaways (Japanese Translation)

Latham & Watkins LLP on

President Trump signs the “Countering America’s Adversaries Through Sanctions Act,” which — among other measures — requires Congressional review to ease Russia-related sanctions. On Wednesday, August 2, 2017, President...more

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