In our previous alert, we discussed the U.S. implementation of significant sanctions and export controls on Russia which will severely impact business transactions with Russian entities. The U.S. and its allies continue to...more
3/7/2022
/ Asset Seizure ,
Belarus ,
Belarus Sanctions ,
Biden Administration ,
Blocked Entities ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Financial Institutions ,
Foreign Policy ,
Imports ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Russia ,
Ukraine
President Joe Biden signed the Uyghur Forced Labor Prevention Act (H.R. 6256) into law on December 23, 2021. The act seeks to ensure that goods produced using forced labor do not enter the United States. U.S. Customs and...more
The Biden Administration announced the re-opening of the tariff exclusion process for Section 301 tariffs on goods from China, pursuant to its new approach to the U.S.-China Trade Relationship. President Biden's Targeted...more