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Lowenstein Sandler LLP

Trade Matters - Lowenstein Sandler's Global Trade & National Security Newsletter - June 2024

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On May 10, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an Interim Final Rule (IFR), effective August 8, 2024, that updates the Reporting, Procedures, and Penalties Regulations....more

American Conference Institute (ACI)

Sanctions Compliance Measures to Mitigate Russia Trade Sanctions Evasion Tactics

The various and elusive tactics used by Russia to evade global sanctions and export controls have grown increasingly sophisticated over the last several months, putting the onus on multinational entities to become equally...more

BakerHostetler

Current State of U.S. Export Controls in Response to the Russian Federation’s Invasion of Ukraine - February 2024

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In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This alert summarizes the key export restrictions...more

Cozen O'Connor

Cozen Currents: 2024's Home-Grown Geopolitical Risks

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The Cozen Lens- • A second term for former President Trump would mean the return of his “America First” foreign policy, including its resulting geopolitical uncertainty. • President Biden and Chinese President Xi Jinping...more

Holland & Knight LLP

United States Imposes Expanded Sanctions and Export Controls on Russia

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The U.S. Department of Commerce's Bureau of Industry and Security (BIS) took a number of actions under the Export Administration Regulations (EAR) on May 19, 2023. Here are some of the key U.S. export control actions...more

Robinson+Cole Manufacturing Law Blog

New Round of Sanctions Relevant to Manufacturers Are Launched on the First Anniversary of Russia’s Invasion of Ukraine

On the one-year anniversary of the invasion of Ukraine, the Biden administration has announced a series of additional sanction measures targeting Russia. These new sanctions are designed to further isolate Russia from goods...more

Fenwick & West LLP

US Imposes New Sanctions and Export Controls on Anniversary of War in Ukraine

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On February 24, 2023, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce Bureau of Industry and Security (BIS) expanded the scope of trade control measures...more

Holland & Knight LLP

No Time for a Year in Review with a Bear on the Loose

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The Biden Administration continues to place pressure on Russia, and on Feb. 24, 2023, marked the one-year anniversary of Russia's invasion of Ukraine with additional sanctions, export controls and tariffs. These new policies...more

Alston & Bird

New U.S. Sanctions, Export Controls, and Tariffs Against Russia Mark the One-Year Anniversary of the Russian Invasion of Ukraine

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One year later, Russia’s war against Ukraine shows no signs of abating. Our International Trade & Regulatory Group breaks down the latest U.S. sanctions further restraining Russia’s ability to do business with the rest of the...more

Pillsbury - Global Trade & Sanctions Law

Additional Sanctions and Export Control Restrictions Imposed on One-Year Anniversary of Russia-Ukraine Conflict

On February 24, 2023, the one-year anniversary of the Russia-Ukraine conflict, the United States released extensive new measures designed to impose additional sanctions on Russia for its aggression against Ukraine. These new...more

Wiley Rein LLP

One Year Into Russia’s Invasion of Ukraine, Biden Administration Expands Sanctions, Export Control Restrictions

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On February 24, 2023, the Biden Administration, in coordination with leaders of the Group of Seven (G7), announced a new round of economic measures primarily targeting the Russian Federation on the one-year mark of Russia’s...more

ArentFox Schiff

What You Need to Know About the New Tariffs on Imports from Russia

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On Friday, February 24, 2023, on the one-year anniversary of Russia’s further invasion into Ukraine, President Biden, the Office of the US Trade Representative (USTR) and the US Department of Commerce, Bureau of Industry and...more

Williams Mullen

U.S. Marks One-Year Anniversary of Ukraine Conflict With New Economic Sanctions, Export Controls, and Tariffs Against Russia

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Last week, on the anniversary of Russia’s invasion of Ukraine, the U.S. Departments of Treasury and Commerce adopted an extensive package of new economic sanctions and export controls targeting key industries, entities, and...more

Dorsey & Whitney LLP

United States Imposes New 200% Tariffs on Russian Aluminum, Further Expands Sanctions on Russia, and Warns of New Third Country...

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On February 24, the U.S. Government issued a series of tariff and sanctions related announcements to coincide with the anniversary of Russia's invasion of Ukraine. The White House issued a proclamation1 (“Proclamation”) to...more

Torres Trade Law, PLLC

Trade Alert: White House Announces New U.S. & G7 Actions Against Russia On One-Year Anniversary of Ukraine Invasion

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On February 24, 2023, the one-year anniversary of Russia’s invasion of Ukraine, the White House announced a series of actions that the U.S. and Group of 7 (“G7”) will take to support Ukraine and impose further costs on...more

Husch Blackwell LLP

Biden Administration Increases Tariffs on Russian Aluminum and 100 Other Products on One Year Anniversary of Russia’s Invasion of...

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On February 24, 2023, the Biden Administration announced the imposition of additional tariffs on Russian imports of aluminum and approximately 100 other individual products. The imposition of these additional tariffs was...more

Holland & Knight LLP

OFAC Updates U.S. Oil Price Cap Policy Against Russia

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As an update to an earlier Holland & Knight alert on the same topic, the U.S. Department of the Treasury Office of Foreign Asset Control (OFAC) has published another determination pursuant to Executive Order 14071 expanding...more

Womble Bond Dickinson

Managing Global Supply Chains in a Volatile World

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The COVID-19 pandemic sent a jolt through global supply chains in 2020—a disruption from which the market has yet to fully recover. Then, in early 2022, the world’s supply chains suffered another significant disruption when...more

Wiley Rein LLP

Biden Administration Adds Economic Measures Against Russia During G7 Meeting – New Tariffs, Gold Import Restrictions, Sanctions...

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On June 27, 2022, the Biden Administration announced a new round of economic measures it is imposing in response to Russia’s invasion of Ukraine. The White House made the announcement in concert with the G7 leaders’ meeting...more

BCLP

Congress Votes to Impose Trade Punishments on Russia and Belarus, Will Consider Tax and Procurement Measures

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On April 8, 2022, President Biden signed two trade-related bills: one revoking normal tariff treatment for Russia and Belarus, and the other banning Russian energy imports. Following the April recess, Congress may take...more

White & Case LLP

President Biden Signs Bills to Suspend Permanent Normal Trade Relations with Russia, Codify Import Ban on Russian Oil, and...

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Co-authored by the Global Sanctions Team On April 7, 2022, the US Congress approved two bills aimed at curtailing trade with Russia and Belarus in response to the situation in Ukraine: President Biden signed both bills into...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2022

Since taking office as the U.S. Trade Representative (“USTR”), Katherine Tai has prioritized trade policies focused on protecting American workers’ rights and promoting sustainable environmental practices through trade...more

Dorsey & Whitney LLP

U.S. Government Sanctions Sberbank and Alfa Bank, Prohibits All New Investments in Russia, and Imposes New Export Restrictions...

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On April 6, 2022, the U.S. Government announced its latest round of sanctions against the Russian Federation in coordination with the European Union (“EU”) and other allies. President Biden issued Executive Order 14071 (“EO...more

BakerHostetler

Revocation of Russia's MFN Status

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As reported in BakerHosteler’s Alert of March 14, 2022, last month President Biden announced that the United States intended to revoke Russia’s most-favored nation (MFN) trade status (also known as Permanent Normal Trade...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK and EU Impose Further Ukraine-Related Sanctions on Russia and Belarus

Since the publication of our 9 March 2022 client alert, the US, UK and EU and other allied nations have imposed additional sanctions and export controls on key elements of the Russian economy. This client alert summarizes the...more

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