News & Analysis as of

Economic Sanctions International Trade European Union

Sheppard Mullin Richter & Hampton LLP

“Lost in Transposition” – Commission Targets 18 Member States Over Sanctions Enforcement Gaps

On July 24, 2025, the European Commission opened infringement procedures against 18 Member States for failing to fully transpose Directive (EU) 2024/1226 by the May 20, 2025 deadline....more

Latham & Watkins LLP

Sanctions Update EU and UK Tighten Restrictions on Russian Oil and Provision of Software to Russia

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During 18-19 July 2025, the EU unveiled its 18th “package” of sanctions launched against Russia since Russia’s invasion of Ukraine in February 2022. Among these measures, the EU seeks to close an apparent loophole by which...more

IR Global

Resilient by design

IR Global on

How are you advising businesses in your jurisdiction when protecting themselves from the impact of trade wars and sanctions, and what strategies can professional services firms offer to mitigate these risks?...more

K&L Gates LLP

European Union Adopts 18th Sanctions Package Against Russia

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On 18 July 2025, the Council of the European Union adopted additional measures which have been introduced in its 18th sanctions package in response to the ongoing conflict in Ukraine (the Package)....more

Paul Hastings LLP

Addressing Gaps and Inconsistencies in the EU Sanctions’ Enforcement: The Commission Urges Member States to Transpose Directive...

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Since Russia’s invasion of Ukraine in February 2022, the European Union has adopted 18 packages of sanctions targeting Russia and Belarus, with the latest on July 19, 2025. In total, the EU has about 40 different sanctions...more

Husch Blackwell LLP

President Trump Issues New “Reciprocal” Tariff Rates Effective August 7th and Issues A Separate Executive Order Increasing Tariffs...

Husch Blackwell LLP on

On July 31, 2025, President Trump issued an Executive Order establishing revised IEEPA “reciprocal” tariff rates for imports into the U.S. from specific countries. The new rates come after the President’s 90-day pause on...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Targets Russia’s Energy, Financial and Defense Sectors in 18th Sanctions Package

- What is new: The EU adopted its 18th sanctions package against Russia and Belarus, imposing asset freezes on 55 additional individuals and entities, expanding sectoral sanctions and introducing new restrictions targeting...more

Husch Blackwell LLP

Week Twenty-Six in Trade

Husch Blackwell LLP on

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

Eversheds Sutherland (US) LLP

Global Supply Chain Horizons - July 2025

Welcome to the latest edition of our quarterly global supply chain horizons providing you with a update on the key developments from around the world. Cross-Border - China and the US trade deal - On June 27, the PRC...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of June 2025

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I. U.S. SANCTIONS - Politico Reports President Trump Will Not Increase Sanctions on Russia to Maintain Peace Talks: On June 25, Politico reported that during an interview with Secretary of State, Marco Rubio, Secretary...more

White & Case LLP

EU imposes first International Procurement Instrument measure restricting Chinese access to medical devices procurement

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Adopted in 2022, the IPI allows the Commission to investigate alleged non-EU country measures or practices against EU economic operators that limit access to the public procurement and concession markets of non-EU countries....more

A&O Shearman

EU restricts Chinese access to public procurement of medical devices

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Last Friday, the European Commission announced its first International Procurement Instrument (IPI) measure, excluding “economic operators” from China from participation in EU public procurement procedures for medical devices...more

King & Spalding

EUROPE – European Commission Excludes Chinese Medical Device Manufacturers from EU Public Procurement Contracts

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On June 19, 2025, the European Commission (“EU Commission”) adopted Regulation 2025/1197 imposing restrictive measures on Chinese medical devices in its first use of the European Union’s International Procurement Instrument...more

Knobbe Martens

European Union Votes to Curb China’s Access to Medical Device Market

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The European Union has “agreed overwhelmingly” to limit Chinese medical device manufacturers’ access to public procurement contracts in Europe, Bloomberg reports. On Monday June 2, 2025, European Union (EU) countries...more

Morrison & Foerster LLP

Trump Administration Issues Broad Sanctions Relief for Syria, Effectively Lifting 14 Years of Comprehensive Economic Sanctions –...

On May 23, 2025, 10 days after President Trump announced his directive to lift U.S. sanctions on Syria during his visit to Saudia Arabia last month, the U.S. Department of the Treasury’s Office of Foreign Assets Control...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

Skadden, Arps, Slate, Meagher & Flom LLP

A New Day for Syria: Trump Administration Relaxes Sanctions

On May 23, 2025, the Trump administration issued a general license (GL) significantly relaxing the patchwork of restrictions on Syria, long a jurisdiction subject to comprehensive sanctions. This regulatory action followed a...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

Sheppard Mullin Richter & Hampton LLP

Syria-ous Changes for Middle East Business? The United States, UK, and Europe Relax Sanctions on Syria

In a significant shift in international policy, the United States, European Union, and United Kingdom have each taken steps to ease sanctions on Syria, aiming to support the country’s reconstruction and political transition...more

Mayer Brown

Lifting of Sanctions on Syria by the United States, European Union, and United Kingdom

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In recent weeks, the United States, European Union, and United Kingdom have taken significant steps to relax of their sanctions on Syria, paving the way for long-awaited normalization of commercial relations and...more

Latham & Watkins LLP

United States Eases OFAC Sanctions on Syria

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General License 25 effectively suspends OFAC sanctions targeting Syria. Stringent US export control restrictions on exports and reexports to Syria remain....more

Husch Blackwell LLP

Europe Threatens Additional Retaliatory Tariffs Against the United States

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The European Union (EU) has proposed additional retaliatory tariffs on €100 billion of imports from the United States, if negotiations are unsuccessful. The list includes aircraft, vehicles, agricultural products, medical...more

Mayer Brown

10 Key Takeaways of the European Steel and Metals Action Plan

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On 19 March 2025, the European Commission ("Commission") unveiled its European Steel and Metals Action Plan ("Steel and Metals Plan"), outlining the short and medium-term work program aimed at enhancing the competitiveness of...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of March 2025

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I.  US SANCTIONS - U.S. Agrees to Help Lift International Sanctions on Certain Russian Exports: On March 25, Reuters reported that Washington has agreed “to push to lift some sanctions against Moscow.” This consideration...more

WilmerHale

The EU Anti-Coercion Regulation: A New Tool Against Economic Pressure

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As global economic pressures mount, the EU has armed itself with a powerful new tool to counter economic coercion. The EU Anti-Coercion Regulation (Regulation (EU) 2023/2675) has been fully in force for about a year...more

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