On May 23, 2025, the Office of Foreign Assets Control (OFAC) issued General License 25 (GL 25), authorizing transactions prohibited by the Syrian Sanctions Regulations, effectively lifting sanctions on Syria. This comes 10...more
5/30/2025
/ Banking Sector ,
Economic Sanctions ,
Energy Sector ,
EU ,
Foreign Policy ,
Investment ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Syria ,
Trump Administration ,
UK
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
On April 2, 2025, the Trump Administration announced new, comprehensive tariff rates representing the most significant change in US trade policy in a generation—a paradigm shift from an era of low tariffs to an approach based...more
4/10/2025
/ China ,
Executive Orders ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Reciprocity Rules ,
Regulatory Agenda ,
Retaliatory Tariffs ,
Tariffs ,
Trade Relations ,
Trade Wars ,
Trump Administration ,
US Trade Policies
On 2 April 2025, President Trump announced new tariffs on all imports into the United States. In this briefing, we summarise the key measures and the expected impact on global trade.
The new “reciprocal” tariffs -
The...more
4/4/2025
/ Canada ,
China ,
EU ,
Executive Orders ,
India ,
International Trade ,
Mexico ,
South Korea ,
Tariffs ,
Trade Relations ,
Trump Administration ,
UK ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
Vietnam
Executive Orders on Timber and Lumber Imports and Expanding US Timber Production -
On March 1, President Trump issued a pair of Executive Orders intended to address the impact of timber and lumber imports and to promote...more
3/7/2025
/ Executive Orders ,
Imports ,
International Trade ,
Lumber Industry ,
National Security ,
Section 232 ,
Tariffs ,
Timber ,
Trade Relations ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies
On February 21, 2025, President Trump issued a memorandum “America First Investment Policy” (the Investment Memo or Memo), in which the President aims to modify the US Government’s approach to inbound and outbound foreign...more
In his first tangible action implementing his campaign promise to impose broad tariffs, on February 1, 2025, President Trump issued three Executive Orders (the EOs) directing that across-the-board tariffs be imposed on goods...more
2/11/2025
/ Canada ,
China ,
Energy Sector ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
Legislative Agendas ,
Mexico ,
National Security ,
Regulatory Agenda ,
Tariffs ,
Trade Act of 1974 ,
Trump Administration
On November 12, 2020, President Trump issued an executive order (Order) that effectively prohibits US persons from transacting in publicly traded securities of Chinese firms determined by the US government to be owned or...more
On May 1, 2020, President Trump issued an “Executive Order on Securing the United States Bulk-Power System,” aimed at preventing cyberattacks to and interference by foreign adversaries with the US power grid. Specifically,...more
Consistent with the ongoing United States (US) strategy of limiting engagement with China in the high-tech sector (especially telecommunications) on national security grounds, the US Department of Commerce’s Bureau of...more
6/3/2019
/ Bureau of Industry and Security (BIS) ,
China ,
Entity List ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Huawei ,
Licensing Rules ,
National Security ,
Prohibited Transactions ,
Supply Chain ,
Technology Sector ,
Telecommunications ,
Trump Administration ,
U.S. Commerce Department
On December 19, 2018, the US Department of the Treasury notified Congress of its intention to terminate sanctions imposed on En+ Group plc (En+), as well as its subsidiaries, United Company RUSAL (Rusal) and JSC EuroSibEnergo...more
Earlier than expected, the Committee on Foreign Investment in the United States (CFIUS) has announced new interim rules—effective November 10, 2018, pursuant to the recently enacted Foreign Investment Risk Reduction...more
10/16/2018
/ CFIUS ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Export Controls ,
Federal Pilot Programs ,
Filing Requirements ,
FIRRMA ,
Foreign Acquisitions ,
Foreign Investment ,
National Security ,
Trump Administration
Within the omnibus John S. McCain National Defense Authorization Act for Fiscal Year 2019 (2019 NDAA) that the President signed into law on August 13, 2018, is the Foreign Investment Risk Review Modernization Act (FIRRMA),...more
8/14/2018
/ CFIUS ,
China ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Emerging Technology Companies ,
Export Controls ,
FIRRMA ,
Foreign Investment ,
National Security ,
NDAA ,
Trump Administration ,
U.S. Commerce Department
Today President Trump signed a memorandum directing Administration officials to proceed with the imposition of trade restrictions on China and Chinese products in retaliation for China’s unfair intellectual property...more
On March 8, 2018, President Trump signed Presidential Proclamations adjusting imports of steel and aluminum into the US. This action marks the imposition of heavy tariffs on imports of steel and aluminum, in a move that may...more
3/23/2018
/ Aluminum Sales ,
Anti-Dumping Duty ,
China ,
Countervailing Duties ,
EU ,
GATT ,
Imports ,
National Security ,
Section 232 ,
Steel Industry ,
Tariffs ,
Trade Policy ,
Trump Administration ,
U.S. Commerce Department ,
WTO
On January 23, 2018, the White House released its long-awaited decision on safeguard measures to limit imports of solar cells and modules. The President’s decision follows the US International Trade Commission’s (ITC)...more
The Trump Administration has formally initiated the process to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and Mexico. Before negotiations can commence, the Administration, through the United...more
During the recent campaign and the transition, President-elect Donald Trump generally has advocated a more aggressive U.S. international trade and economic policy as part of his plan to generate economic growth and retain and...more