News & Analysis as of

Duties Economic Sanctions

BakerHostetler

The US Imposes 10%-25% Duties on Imports from Canada, Mexico and China; Retaliation by Subject Countries Follows

BakerHostetler on

On Feb. 1, President Donald Trump signed executive orders imposing duties on imports: 25 percent on products from Canada (10 percent on energy products), 25 percent on products from Mexico and 10 percent on products from...more

Lowenstein Sandler LLP

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

Lowenstein Sandler LLP on

The Commerce Department issued new guidance for financial institutions on best practices for compliance with the Export Administration Regulations (EAR). Available here, the guidance emphasizes enhanced due diligence, ongoing...more

Foley & Lardner LLP

International Trade, Enforcement & Compliance Recent Developments Update (October 25, 2023)

Foley & Lardner LLP on

A veritable grab bag of international trade developments to parse this week. Recent developments include increasing FCPA enforcement, a record OFAC economic sanctions penalty, and a large customs penalty for willful failure...more

ArentFox Schiff

What You Need to Know about the New Russia/Belarus Sanctions, Export Controls, Tariffs & Duties

ArentFox Schiff on

On Friday, February 24, the one-year anniversary of Russia’s further invasion into Ukraine, President Biden, the Office of Foreign Assets Control (OFAC), the US Department of State, and the US Department of Commerce, Bureau...more

Dorsey & Whitney LLP

U.S. Bars Accounting, Trust and Corporate Formation, and Management Consulting Services and Adds Export Restrictions to Russia

Dorsey & Whitney LLP on

The United States has announced yet another round of economic sanctions against Russia that builds on existing sanctions and extends them to new sectors of the Russian economy. The U.S. Department of the Treasury’s Office of...more

Lowenstein Sandler LLP

Startups Need a Grasp of U.S. Trade Controls

Lowenstein Sandler LLP on

Export control requirements, economic sanctions, foreign ownership rules, import restrictions — cross-border trade continues to get more complex. Do you know there are trade laws that restrict who you can do business...more

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