On 24 March 2025, President Trump issued Executive Order 14245 authorizing Secretary of State Marco Rubio to impose a 25 percent tariff on all goods imported into the United States from any country that directly or indirectly...more
Economic sanctions have been increasingly used by countries and international organizations as a tool of foreign policy and national security. This increase in the use of sanctions, particularly by the U.S. Department of the...more
6/11/2021
/ Audits ,
Contractual Safeguards ,
Due Diligence ,
Economic Sanctions ,
Foreign Policy ,
Foreign Subsidiaries ,
Internal Controls ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
Special Purpose Acquisition Companies (SPACs) ,
Training
Many private sector firms may understand the important role economic sanctions play in U.S. foreign policy. However, many businesses that operate internationally lack awareness of how such multinational operations expose them...more
6/5/2020
/ Cosmetics ,
Economic Sanctions ,
General Electric ,
Multinationals ,
Office of Foreign Assets Control (OFAC) ,
Retail Market ,
Shipping ,
Software ,
Supply Chain ,
U.S. Treasury ,
US Department of State