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Knobbe Martens

No Tariffs on Aerospace Products Traded Between U.S. and European Union

Knobbe Martens on

On July 27, 2025, the US and EU reached a trade agreement.  As part of the agreement, the US will impose a 15 percent tariff “on the vast majority of EU exports. ”  President Trump signed an Executive Order on July 31...more

The Volkov Law Group

Apollo Aviation Group Pays $210k to OFAC for Violations of Sudanese Sanctions Program

The Volkov Law Group on

Apollo Aviation Group, now Carlyle Aviation Partners, agreed to pay OFAC $210,600 for 12 violations of the Sudanese Sanctions Program.  Carlyle acquired Apollo in December 2018, and Carlyle was not involved in the...more

Katten Muchin Rosenman LLP

Further Relaxation of Sanctions for Commercial Aircraft Operations in Cuba

On January 27, the US Department of Commerce's Bureau of Industry and Security (BIS) and the Treasury Department's Office of Foreign Assets Control (OFAC), took steps to further ease trade restrictions against Cuba, including...more

Pillsbury - Global Trade & Sanctions Law

Iran Sanctions Changes: Impact on the Aviation Sector

With “Implementation Day” came the lifting of certain key U.S. and EU sanctions on the civil aviation industry. However, many prohibitions still remain, and licensing requirements may attach to U.S. persons or non-U.S....more

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