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Economic Sanctions

Eversheds Sutherland (US) LLP

US-China trade war – More tit-for-tat: China’s comeback - April 2025

In recent weeks, the global trade environment has experienced an unprecedented level of volatility and uncertainty due to a series of new trade policies announced by the US.  Those actions have triggered responses by the US’...more

Davis Wright Tremaine LLP

Protect Yourself: U.S. Exporters Advised To Obtain End-Use and End-User Statements for All Exports, Including EAR99 Items

According to a trade press report, a Bureau of Industry and Security ("BIS"), Department of Commerce official speaking at the March 2025 BIS Update Conference on Export Controls and Policy recommended that U.S. exporters...more

ArentFox Schiff

As the (Customs and Trade) World Turns: April 2025

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Welcome to the April 2025 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more

The Volkov Law Group

Five Strategies to Mitigate a New Risk Environment

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Legal and compliance officers are used to adjustments and continuous improvement of their compliance programs. Building and maintaining an effective ethics and compliance program never ends — it is a continuous process. To...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - How the Trump Administration Pushed China Deeper into Latin America

Donald Trump’s first term in office pursued an aggressive foreign policy toward China, imposing tariffs, restricting technology transfers, and accusing Beijing of unfair trade practices. However, one unintended consequence of...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - 2025 Trade Policy Agenda Provides Rationale for Trump Tariff Actions

On March 3, 2025, the Office of the United States Trade Representative (USTR) released the 2025 Trade Policy Agenda and 2024 Annual Report by the United States Trade Representative of the President of the United States on the...more

K2 Integrity

AI-Driven Risk Assessment: Enhancing Financial Crime Compliance And Internal Audit

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In an era of increasingly sophisticated financial crimes and evolving regulatory, compliance, and internal audit needs, financial institutions must continuously refine their risk assessment strategies. Traditional methods,...more

Mayer Brown

Europe Daily News, 07 April 2025

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COMPETITION - Commission approves Safran's acquisition of part of Collins Aerospace's actuation business, subject to conditions (M.11253)... Commission clears acquisition of Bridewell by Oakley Capital and Eurazeo...more

Mayer Brown

UK Weekly Sanctions Update - Week of March 31, 2025

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

Holland & Knight LLP

China's Comprehensive Retaliation Against U.S. Tariffs

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China on April 4, 2025, announced a third and significantly escalated round of retaliatory measures in response to the United States' latest tariff action. This follows President Donald Trump's Executive Order (EO) 14257...more

Husch Blackwell LLP

President Trump Further Increases the Reciprocal Tariff on Chinese Imports

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On April 8, 2025, President Trump, acting under the authority of the International Emergency Economic Powers Act of 1977 (“IEEPA”), issued an Executive Order (“EO”) titled “Amendment to Reciprocal Tariffs and Updated Duties...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - I Attended Liberation Day and All I Got Was These Lousy Tariffs. Is This...

Liberation Day passed with the promised reciprocal tariffs touted by the Trump administration. The president, surrounded by workers in the Rose Garden on April 2, executed a number of tariffs promising to Make America Wealthy...more

Mayer Brown

10 Key Takeaways of the European Steel and Metals Action Plan

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On 19 March 2025, the European Commission ("Commission") unveiled its European Steel and Metals Action Plan ("Steel and Metals Plan"), outlining the short and medium-term work program aimed at enhancing the competitiveness of...more

Venable LLP

A Legal Whirlwind Settles: Treasury Lifts Sanctions on Tornado Cash

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On March 21, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) officially lifted sanctions on Tornado Cash, the decentralized cryptocurrency mixer it had blacklisted in August 2022....more

Bracewell LLP

Post Liberation Day --"Secondary Tariffs" Raise Costs Even Higher for International Actors

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President Trump has used tariffs as a significant point of geopolitical leverage since the beginning of his second term. Indeed, his administration dubbed April 2, 2025 “Liberation Day” in honor of a sweeping set of tariffs...more

Foley & Lardner LLP

President Trump’s Tariffs Announcement and their Impact on Mexico

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On April 2, 2025, U.S. President Donald Trump announced his tariff policy for numerous countries. In the case of Mexico, exported products that comply with the USMCA regulations are exempt from tariffs, which are...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of March 2025

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I.  US SANCTIONS - U.S. Agrees to Help Lift International Sanctions on Certain Russian Exports: On March 25, Reuters reported that Washington has agreed “to push to lift some sanctions against Moscow.” This consideration...more

Blank Rome LLP

Liberation Day: President Trump Unveils Global, Reciprocal Tariffs – What You Need to Know

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President Trump announced new tariffs on April 2, 2025, which he referred to as “reciprocal tariffs,” on almost all imports into the United States. The tariff package will be rolled out in two phases. Tariffs of 10 percent...more

Torres Trade Law, PLLC

America First Investment Policy Restricts Adversaries and Welcomes Investment from Allies

On February 21, 2025, President Trump issued a memorandum titled "America First Investment Policy" (the “Policy”), outlining new measures to shape U.S. investment policy. Though the Policy makes it clear that the United...more

K2 Integrity

The Expanding U.S. Economic Statecraft: The Introduction Of “Secondary Tariffs”

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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

White & Case LLP

UK Sanctions Update: Key takeaways from the OFSI Annual Review

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The Office of Financial Sanction Implementation's ("OFSI") Annual Review for 2023-2024 provides valuable insights into how the UK's financial sanctions regime has continued to develop. We explore some of the key trends for...more

Troutman Pepper Locke

Navigating 2025: Trends in OFAC and DOJ Enforcement for Digital Assets — The Crypto Exchange Podcast

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In this episode of Crypto Exchange, host Ethan Ostroff is joined by his colleagues Pete Jeydel and Peter Leary to discuss trends and lessons learned from recent civil enforcement actions by the Treasury Department's Office of...more

Alston & Bird

White House Releases Annexes to Reciprocal Tariff Order

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Following President Trump’s April 2 press conference and Executive Order imposing additional baseline or reciprocal tariffs on products from all countries, the White House has released Annex I’s list of country-specific...more

Holland & Knight LLP

China Imposes Export Controls on Medium and Heavy Rare Earth Materials

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China's Ministry of Commerce (MOFCOM) and General Administration of Customs on April 4, 2025, issued Announcement 18, which imposes export controls on specific medium and heavy rare earth materials. China cites a desire to...more

Barnea Jaffa Lande & Co.

United States imposes customs tariffs on imports of Israeli products

On April 2, 2025, the President of the United States signed an Executive Order announcing the imposition of very extensive customs tariffs on products being imported into the United States. Following is a quick analysis of...more

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