“Secondary tariffs” strike again, with India now squarely in the crosshairs of the latest U.S. trade action. On August 6, President Trump issued an executive order “Addressing Threats to the United States by the Government of...more
8/8/2025
/ Ad Valorem Tax ,
Economic Sanctions ,
Effective Date ,
Executive Orders ,
Foreign Policy ,
Goods or Services ,
Imports ,
India ,
International Emergency Economic Powers Act (IEEPA) ,
Oil & Gas ,
Regulatory Reform ,
Russia ,
Tariffs ,
Trump Administration ,
US Trade Policies
On June 12, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed a civil penalty of approximately $216 million on GVA Capital Ltd., a venture capital firm based in San Francisco, for...more
6/17/2025
/ Civil Monetary Penalty ,
Corporate Counsel ,
Economic Sanctions ,
Enforcement Actions ,
Financial Crimes ,
Financial Institutions ,
Investment ,
Investment Funds ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanction Violations ,
Subpoenas ,
Venture Capital
The Treasury Department has taken initial steps to implement the Trump administration’s “total elimination” policy directed at certain drug trafficking cartels. Most recently, on May 1, Treasury’s Financial Crimes Enforcement...more
5/9/2025
/ Border Security ,
Cartels ,
Crude Oil ,
Economic Sanctions ,
Financial Crimes ,
FinCEN ,
Foreign Trade Regulations ,
Mexico ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Popular ,
Smuggling ,
Terrorist Acts
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
3/28/2025
/ Corporate Counsel ,
Economic Sanctions ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
Infrastructure ,
Mexico ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Regulatory Oversight ,
Secondary Sanctions ,
Secretary of Commerce ,
Tariffs ,
Trump Administration ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
Venezuela
With an array of unprecedented executive orders and other policies, the Trump administration’s “America First” trade strategy is beginning to take shape. As we monitor these developments, it is becoming increasingly clear...more
3/4/2025
/ CFIUS ,
China ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Forced Labor ,
Foreign Investment ,
ITAR ,
National Security ,
Popular ,
Trump Administration ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)