News & Analysis as of

Economic Sanctions Foreign Policy

Hughes Hubbard & Reed LLP

The EU Adopts Broad New Sanctions Against Russia, Including 17th and 18th Packages, and Belarus Sanctions Alignment Package

The European Council ended a highly active semester on the economic sanctions front with the adoption of its 17th and 18th economic sanctions packages (Russia Sanctions Packages or Sanctions Packages) against Russia for its...more

Troutman Pepper Locke

Doubling Down – US Slaps 25% Additional Tariff on Indian Imports for India’s Oil Trade With Russia

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“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

Haynes Boone

World Bank Reconsiders Nuclear Finance

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Under mounting pressure from advocates and stakeholders—most prominently the United States government—the World Bank recently rescinded its longstanding ban on financing nuclear power projects and announced its plan to...more

Husch Blackwell LLP

President Trump Imposed 50% Tariff on Brazil

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On July 30, 2025, President Trump issued an Executive Order pursuant to the International Emergency Economic Powers Act (“IEEPA”) imposing an additional forty percent (40%) ad valorem rate on certain products from Brazil....more

Husch Blackwell LLP

Week Twenty-Six in Trade

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On July 24, 2025 the European Commission voted to impose retaliatory tariffs of €93 billion on U.S. goods if a trade deal is not reached between the United States and European Union. The tariffs will be effective August 7,...more

Sheppard Mullin Richter & Hampton LLP

Unpacking the U-Turn: What the Syria Sanctions Repeal Really Means

The United States has taken a historic step by terminating the Syria Sanctions Program, marking the most significant shift in U.S. foreign policy towards Syria since the fall of the Assad regime. In our earlier post, we...more

Hogan Lovells

Executive Order terminates U.S. Syria sanctions, export controls remain in place for now

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On June 30, 2025, the President signed an Executive Order (EO) lifting sanctions on Syria and directing the U.S. Department of State (DOS) and the U.S. Department of Commerce (DOC) to relax or suspend other programs (e.g.,...more

Mayer Brown

FinCEN's First Strike: New Section 311 Powers Target Mexican Financial Institutions Under FEND Off Fentanyl Act

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In this episode, host Lauren Pryor and her colleagues discuss the recent actions by FinCEN, which designated three Mexican financial institutions as primary money laundering concerns under the expanded Section 311 authority,...more

K&L Gates LLP

What You Need to Know About the United Kingdom Issuing Sanctions Guidance for Non-UK Businesses

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The United Kingdom’s Foreign, Commonwealth and Development Office has published guidance on United Kingdom’s Russia sanctions compliance for non-UK businesses operating outside the United Kingdom (the Guidance). It also...more

Hogan Lovells

Presidential Memorandum emphasizes toughened US policy on Cuba

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The National Security Presidential Memorandum represents another component in the reestablishment of a more hardline approach to Cuba. Cuba Restricted List potentially to be expanded to include entities with which indirect...more

Patomak Global Partners

Significant U.S. Sanctions Relief for Syrian Arab Republic

The United States had imposed layers of sanctions on Syria since deeming it a State Sponsor of Terrorism in 1979. The U.S. Treasury imposed most sanctions during the Iraq War and the Syrian Civil War. In December 2024, Hay’at...more

Bass, Berry & Sims PLC

U.S. Government Ends Sanctions on Syria

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On June 30, President Trump signed Executive Order 14312, “Providing for the Revocation of Syria Sanctions” (EO), which formally terminates many U.S. sanctions on Syria. Public reports indicate that the European Union has...more

Foley Hoag LLP

Unpacking the U.S. Sanctions Reversal on Syria: Implications and Future Outlook

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Key Takeaways: - Executive Order 14312 revokes the six executive orders that formed the foundation of the Syrian Sanctions Program, terminates the national emergency underlying those executive orders and waives and relaxes...more

K2 Integrity

The United States Terminates Countrywide Syria Sanctions and Is Working Towards Lifting Additional Trade Restrictions

K2 Integrity on

Building on prior relief of sanctions and other restrictive trade measures earlier this year (as described in K2 Integrity alerts dated 15 May and 09 June 2025), on 30 June 2025, U.S. President Donald Trump issued a new...more

Orrick, Herrington & Sutcliffe LLP

Trump Administration Revokes Most Syria Sanctions, Strengthens Sanctions on Cuba

President Trump has ended the broad U.S. sanctions embargo on Syria, but sanctions against certain designated targets remain in place. As of July 1, 2025, Executive Order 14312: Rescinds the Treasury Department’s Office of...more

Holland & Knight LLP

Executive Order Terminates Syria Sanctions, Directs Actions to Remove Other Trade Restrictions

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President Donald Trump issued an Executive Order (the EO) on June 30, 2025, terminating the U.S. government's Syria sanctions program and directing other actions that, if finalized, will revoke the vast majority of U.S. trade...more

Stankie Law

Revocation of Syrian Sanctions: Opportunities, Risks, and Changes under Executive Order 14312

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President Trump continued his flurry of sanctions actions with the recent revocation of the Syrian sanctions program. On June 30, 2025, President Donald Trump issued Executive Order (“EO”) 14312 “Providing for the Revocation...more

Foley & Lardner LLP

What U.S. Businesses Need to Know About Reentering the Syrian Market & the Changing Post-Assad Sanction Landscape

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On May 23, 2025, approximately five months after the Assad regime was overthrown, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) officially issued Syria General License (GL) 25, which lifted the...more

Holland & Knight LLP

Nonprofits Registered to Solicit in Florida Must Now Consider the Source of Donations

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Following the 2025 regular legislative session, Florida has enacted new limitations impacting persons from "foreign countries of concern" and nonprofits registered to solicit donations in Florida. Effective July 1, 2025,...more

Troutman Pepper Locke

With Additional Syria Sanctions Relief, Risks Remain

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On June 30, 2025, President Trump issued an executive order (EO) that, effective July 1, revokes the U.S. sanctions program on Syria, and calls for the removal of the Syrian Sanctions Regulations from the Code of Federal...more

Holland & Knight LLP

Venezuela Update: June 30, 2025 (English)

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Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. ...more

Holland & Knight LLP

Venezuela Update: June 30, 2025 (Spanish)

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Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. ...more

Vinson & Elkins LLP

Commercial Considerations Related to the Shift in Syrian Sanctions Policy

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On May 23, 2025, General License 25 (“GL 25” or the “General License”) was issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), suspending a wide array of sanctions against Syria....more

K2 Integrity

Sanctions Relief For Syria: The United States And European Union Offer Broad Sanctions Relief To Syria

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Building on the Quick Take Alert K2 Integrity published on 15 May 2025, this alert outlines the recent developments regarding the easing of Syria sanctions. While the United States has not fully lifted its Syria sanctions, it...more

Barnea Jaffa Lande & Co.

EU reconsiders its free trade agreement with Israel due to the war in Gaza

EU foreign ministers have decided to explore the possibility of cancelling the EU-Israel Association Agreement due to allegations that the war in Gaza is raising doubts concerning Israel’s commitment to the safeguarding of...more

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