News & Analysis as of

Trump Administration Office of Foreign Assets Control (OFAC) Regulatory Oversight

Troutman Pepper Locke

Unprecedented "Secondary Tariffs" for Oil Trade With Venezuela

Troutman Pepper Locke on

On April 2 — labeled “Liberation Day” by President Trump — the Trump administration is set to add a new sanctions-like boost to its tariff strategy, with a threat to impose unprecedented “secondary tariffs” of 25% on “all...more

Ballard Spahr LLP

FinCEN, OFAC and TFI Curtailed by Partial Government Shutdown

Ballard Spahr LLP on

As reported in Reuters and other media outlets, the partial government shutdown has impaired the ability of the U.S. Treasury to maintain many of its anti-money laundering and counter-terrorist financing (“AML/CTF”) efforts. ...more

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