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Widening the sanctions net in uncertain times: latest developments in the U.S., EU, and U.K.'s sanctions targeting Russia

In the context of the third anniversary of Russia’s invasion of Ukraine, the U.S., EU, and U.K. continue to implement new measures to stifle Russia’s war efforts. The Biden administration continued to escalate sanctions...more

President Trump announces “America First Investment Policy”

On February 21, 2025, President Trump issued a National Security Presidential Memorandum (NSPM) that sets out his administration's “America First Investment Policy,” with a particular focus on promoting foreign investment...more

Trump’s steel and aluminum tariffs

On February 10 and 11, 2025, President Trump issued two proclamations pursuant to Section 232 of the Trade Expansion Act of 1962 (Section 232) announcing the imposition and/or reimposition of certain tariffs on imported steel...more

Trump administration's tariffs targeting China, Canada and Mexico

On February 1, 2025, President Trump issued three Executive Orders (EOs) announcing tariffs on China (the China EO) Canada (the Canada EO), and Mexico (the Mexico EO), respectively, pursuant to the International Economic...more

CFIUS Update: 2023 Report to Congress and new enforcement website

The Committee on Foreign Investment in the United States (CFIUS) continues to play an increasingly active role in reviewing and assessing inbound investment transactions for U.S. national security risks. In this alert, we...more

US imposes new sanctions and export controls against Russia

On June 12, 2024, the U.S. Department of Treasury (Treasury), U.S. Department of State (State), and U.S. Department of Commerce (Commerce) announced another round of sanctions and export controls targeting Russia. In this...more

EPA takes sweeping action on PFAS in 2024

The U.S. Environmental Protection Agency (EPA) recently took two significant actions on per- and polyfluoroalkyl substances (PFAS). First, it issued final National Primary Drinking Water Regulations (NPDWR) for six PFAS...more

U.S. sanctions enforcement in the virtual currency space - USD 1 billion and counting...

Beginning in 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has increasingly focused its enforcement activity on entities operating in the virtual currency space, illustrating a trend that...more

U.S. Imposes New Sanctions and Export Controls Targeting Russia

On February 23, 2024, marking the two-year anniversary of Russia’s invasion of Ukraine, the U.S. Departments of Commerce, State, and Treasury announced new U.S. sanctions and export controls targeting Russia. In addition, the...more

The U.S. Environmental Protection Agency's new PFAS reporting rule takes effect

On November 13, 2023, the U.S. Environmental Protection Agency (EPA)’s final rule broadening reporting requirements for the “manufacture” of per- and polyfluoroalky substances (PFAS) (the PFAS Reporting Rule) took effect. ...more

OFAC Suspends Certain U.S. Sanctions Targeting Venezuela with New and Amended General Licenses

On October 18, 2023, the United States announced the suspension of certain sanctions related to Venezuela through the issuance of new and revised general licenses. The Office of Foreign Assets Control (OFAC) of the U.S....more

U.S. Government Shutdown: Implications for Antitrust and CFIUS Filings

The U.S. federal government is facing a possible shutdown beginning this Sunday, October 1, 2023. Congress has until September 30, which marks the end of the fiscal year, to enact appropriations for government agencies and...more

Biden Administration Moves to Restrict Outbound Investment to China

On August 9, 2023, the Biden Administration issued a long-awaited Executive Order (the EO) that is intended to address the potential national security threats posed by outbound investment from the United States to certain...more

Global sanctions on Russia accelerate focusing on sanctions circumvention and Russia responds

G7 governments continue to seek ways to increase the effectiveness of their sanctions on Russia by clamping down on sanctions circumvention....more

On the one-year anniversary of Ukraine invasion, Biden Administration imposes additional sanctions and export controls targeting...

On February 24, 2023, the one-year anniversary of Russia’s invasion of Ukraine, the United States, in coordination with its G7 partners and other allies, announced a series of additional sanctions and export controls...more

U.S. Russia sanctions and export controls update

Since Russia’s invasion of Ukraine in February 2022, the United States has, in response, imposed unprecedented sanctions and export controls targeting Russia: President Biden has signed numerous new Executive Orders, the U.S....more

U.S. bolsters national security reviews of in-bound foreign investment

President Biden recently issued “formal Presidential direction” on the risks that the United States will consider when evaluating in-bound foreign investment....more

U.S. issues new sanctions in response to the Russian Federation’s formal recognition of two new independent states in Eastern...

On February 21, 2022, President Biden issued an Executive Order (Feb 21 EO) in response to Russia’s recognition of the “Donetsk People’s Republic” (DNR) and “Luhansk People’s Republic” (LNR) as independent states, finding...more

U.S. imposes additional sanctions targeting the Russian Federation

On February 22, 2022, the U.S. imposed additional sanctions targeting the Russian Federation in response to Russia’s recognition of the “Donetsk People’s Republic” (DNR) and “Luhansk People’s Republic” (LNR) as independent...more

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