News & Analysis as of

Infrastructure Foreign Policy

Mayer Brown

The White House Announces Sweeping “Reciprocal Tariffs”

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On April 2, 2025, President Donald Trump signed an Executive Order designed to address the threat posed to the United States by trade deficits....more

Troutman Pepper Locke

Unprecedented "Secondary Tariffs" for Oil Trade With Venezuela

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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

New U.S. Tariffs on Mexico, Canada and China Take Effect – Retaliatory Measures Escalate Trade Tensions

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Last week consisted of many developments surrounding President Trump's tariff policy. On March 4, his sweeping new tariffs took effect, significantly altering the trade landscape for businesses engaged in international...more

Kelley Drye & Warren LLP

Tariffs and Trade Actions: Summing Up the Last Few Days

The tariff news of the last day has been coming at full speed. Whether a small manufacturer or part of a multinational group company; a firm that manages cross-border supply chains on a daily basis or one that rarely thought...more

Braumiller Law Group, PLLC

Options to the Panama Canal Perhaps? The U.S. Suggests Taking Back Ownership, as China is Prepared to Bypass

Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and Asia to N. America. One was to sail around the southern tip of South America (Cape Horn) adding...more

DLA Piper

President Trump Announces Plan for Reciprocal Tariffs

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On February 13, 2025, President Donald Trump issued a Presidential Memorandum directing a rapid review process to determine country-specific “reciprocal tariffs” for all US trading partners based on each partner’s perceived...more

Brownstein Hyatt Farber Schreck

Panama Leaves China’s Belt and Road Initiative

On Feb. 3, Panama announced its plans to leave China’s Belt and Road Initiative (BRI). Panamanian President Jose Raul Mulino announced his decision following a meeting with U.S. Secretary of State Marco Rubio during Rubio’s...more

Flaster Greenberg PC

With Hezbollah Battered, Natural Gas Gives Lebanon A Chance

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The election of General Joseph Aoun as president of Lebanon ended a two-year stalemate in which the position was vacant, and Lebanon basically had no government at all. The cause of the stalemate was obvious. Hezbollah, the...more

DLA Piper

New Trump Administration tariffs on Canada, Mexico, and China

DLA Piper on

On February 1, 2025, President Donald Trump signed three Executive Orders (EOs) instituting sweeping new tariffs on all goods imported from Canada, Mexico, and China. President Trump enacted the tariffs pursuant to the...more

Troutman Pepper Locke

A Minefield in Russia’s Energy Sector: Biden’s Final Sanctions Act May be Game-Changing

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Days before President Biden leaves the White House, the U.S. government has delivered a major blow against Russia. On January 10, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of October

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I.  US SANCTIONS - U.S. Department of the Treasury Targets Russian Military-Industrial Producers: On October 30, the U.S. Department of the Treasury announced new sanctions on 275 individuals and entities involved in...more

The Volkov Law Group

U.S. Sanctions Update as of April 2024

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U.S. Persons prohibited from transactions with anyone on the OFAC SDN List without a license, regardless of country. Includes entities owned in excess of 50-percent by one or more SDNs (33-percent for select Russian...more

Mayer Brown

UK Weekly Sanctions Update - Week of March 18, 2024

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Mayer Brown

UK Weekly Sanctions Update - Week Of January 29, 2024

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

The Volkov Law Group

OFAC Bolsters Russian Oil Price Cap Record-Keeping Requirements in New Round of Sanctions

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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has renewed its commitment to squeezing Russia’s oil proceeds, releasing updated guidance with enhanced attestation and record-keeping requirements...more

The Volkov Law Group

OFAC Ramps Up Price Cap Enforcement as Coalition Publishes Compliance Advisory for Maritime Oil Industry

The Volkov Law Group on

It looks like the days of Russia’s so-called “shadow fleet” are numbered. The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced Thursday that it had imposed sanctions on two entities, and...more

The Volkov Law Group

OFAC & State Department Announce New Russia Sanctions, Targeting Military-Industrial Complex

The Volkov Law Group on

The United States is determined to ensure that no one profits off of Russia’s war against Ukraine. To that end, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has widened the scope of its...more

Latham & Watkins LLP

Sanctions Update: US, EU, UK Introduce New Sanctions and Export Controls to Mark One-Year Anniversary of Russian Invasion of...

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New announcements and rules expand the scope of existing sanctions and export controls on Russia. This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham’s...more

BakerHostetler

Current State of U.S. Economic Sanctions Imposed on the Russian Federation and Covered Regions of Ukraine in Response to the...

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This update addresses the full implementation of the price cap policy for crude oil and petroleum products of Russian origin by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). On Feb. 3, OFAC...more

The Volkov Law Group

OFAC Due Diligence and Attestation Requirements (Part IV of IV)

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OFAC’s guidance is intended to ease the burden on an otherwise difficult compliance problem.  Companies have to act in good faith to avoid transacting business involving Russian crude oil that has been sold above the $60 per...more

Cadwalader, Wickersham & Taft LLP

Taking Stock: A Survey of the New Russia Sanctions Landscape

Moscow’s invasion of Ukraine has – as promised by US President Joseph R. Biden and other world leaders – provoked “unprecedented” economic sanctions against Russia.  The United States, the United Kingdom, and the European...more

The Volkov Law Group

United States and United Kingdom Move to Prohibit Russian Oil and Gas Imports

The Volkov Law Group on

In a much-anticipated action, President Biden announced a prohibition on all Russian oil and gas imports. The United States relies on Russia oil for approximately 8 percent of its needs....more

Stinson LLP

U.S. Imposes Sweeping Sanctions and Export Controls on Russia in Response to Crisis in Ukraine

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Over the last week, the U.S. government, in coordination with partner and allied countries, announced a series of unprecedented escalating sanctions targeting Russia in response to the invasion of Ukraine. These actions...more

The Volkov Law Group

Biden Administration Ratchets Up Russia Sanctions

The Volkov Law Group on

The Biden Administration announced new and significant trade sanctions against Russia.  The action was long expected given the Biden Administration’s criticism of Russia, and was a comprehensive response to Russia’s...more

K2 Integrity

Biden Ramps Up Russia Sanctions Pressure

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On April 15, 2021, the Biden Administration imposed new sanctions on Russia in response to: (1) its efforts to interfere in U.S. and other countries’ elections; (2) the Solar Winds hacks; and (3) Russia’s continued occupation...more

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