News & Analysis as of August 22, 2025

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

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

Husch Blackwell LLP on 8/1/2025

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

[Event] 9th Annual Canadian Forum on Global Economic Sanctions - February 26th - 27th, Toronto, ON, Canada

American Conference Institute (ACI) on 1/23/2025

CI’s 9th Annual Canadian Forum on Global Economic Sanctions is designed to cover your top compliance challenges, offering unparalleled networking and benchmarking opportunities for economic sanctions, trade, financial crime,...more

ERA Loans for Ukraine Initiatives

White & Case LLP on 1/10/2025

In June and then October this year, the G7 announced an agreement to launch the 'Extraordinary Revenue Acceleration (ERA) Loans for Ukraine' initiative ("ERA Loans for Ukraine Initiative"), where the G7 members agree to...more

Risk to Israeli Entities Posed by International Sanctions – What Is the Exposure and What Are the Dangers?

Barnea Jaffa Lande & Co. on 2/23/2024

The executive order signed by United States President Joseph Biden in February 2024 states that the violence being committed by Israeli settlers has reached intolerable levels; poses a serious threat to peace, security, and...more

[Event] 8th Annual Canadian Forum on Global Economic Sanctions - March 6th - 7th, Toronto, ON, Canada

American Conference Institute (ACI) on 1/10/2024

Immerse yourself in the only comprehensive economic sanctions event of its kind in Canada, spanning two days of invaluable insights and practical knowledge. Designed to cover U.S., EU, and major global sanctions, this...more

Overview of Switzerland’s 10th sanctions package in relation to Russia

White & Case LLP on 4/25/2023

On 29 March and 20 April 2023, Switzerland adopted new measures against Russia, following those recently adopted by the EU as part of a tenth sanction package. More industrial, high-tech and aviation goods are now banned for...more

Sanctions Against Russia: The Week in Review - June 2022 - 3

K2 Integrity on 6/30/2022

The Week in Review delivers information and analysis on recent developments related to sanctions against Russia and key implications for the public, private, and non-profit sectors as the United States (U.S.), the European...more

U.S. Government Authorizes Transactions Related to Patent Protection in Russia

Goodwin on 5/9/2022

On May 5, 2022, the Office of Foreign Assets Control of the U.S. Department of the Treasury issued General License No. 31 (“GL31”), which authorizes transactions in connection with the filing and prosecution of patent...more

US, EU And UK Expand Russian Sanctions Amid Ongoing Ukraine Conflict

A&O Shearman on 4/28/2022

Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others — including Japan, Australia, New Zealand, Taiwan and Canada — have imposed...more

US, EU and UK Target Russia with New Sanctions as Ukraine Invasion Escalates

A&O Shearman on 3/23/2022

Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others—including Japan, Australia, New Zealand, Taiwan and Canada—have imposed sweeping...more

U.S. Further Expands Measures Against Russia with Additional Import, Export, Sanctions Restrictions

BCLP on 3/16/2022

Last week, the United States continued to impose sweeping restrictive measures in response to the conflict in Ukraine, including measures targeting imports of certain Russian energy and “signature” products into the United...more

The United States and Its Allies Impose Unprecedented Sweeping “Second Tranche” of Economic Sanctions and Export Controls in...

Alston & Bird on 3/1/2022

The United States and its allies respond to Russia’s invasion of Ukraine with even tougher sanctions against Russia, its leaders, and its leading businesses. Our International Trade & Regulatory Group breaks down the...more

Sweeping New Sanctions: US, EU, UK and Other Countries Target Russia for Ukraine Invasion

A&O Shearman on 3/1/2022

Over the past week, the United States, the European Union and its member states, the United Kingdom, and several other countries have imposed rounds of sweeping new sanctions on Russia in response to its invasion of Ukraine....more

Review of Sanctions and Export Controls Imposed in Response to Russia’s Invasion of Ukraine

Foley Hoag LLP on 2/28/2022

As we had reported in our earlier client alert and 2022 Year in Preview, Russia’s invasion of Ukraine has resulted in a new wave of sanctions and export controls on Russia, including sanctions on key sectors of the Russian...more

The Russia-Ukraine Conflict: Additional Sanctions and Impact on Global Trade

Snell & Wilmer on 2/28/2022

As Russia continues its invasion of Ukraine, the United States and other countries have intensified economic sanctions against the Russian Federation. These sanctions ride on the heels of initial sanctions issued prior to...more

U.S. and Allies Impose “First Tranche” of New Economic Sanctions in Response to Russian Action in Ukraine

Alston & Bird on 2/25/2022

Our International Trade & Regulatory Group addresses the new U.S. sanctions against Russia announced this week in response to its actions against Ukraine and summarizes the similar packages announced by key U.S. allies....more

US and EU intensify sanctions in response to Russian actions in Ukraine; Australia, Canada, Japan announce sanctions

White & Case LLP on 2/24/2022

On 22 February 2022, the United States announced new sanctions on Russia, blocking the property of two major Russian banks, dozens of their subsidiaries, and five individuals, and imposing additional restrictions on dealings...more

United States, European Union, United Kingdom and Canada Coordinate Further Sanctions Against Belarus

The Volkov Law Group on 12/21/2021

In an interesting announcement, the US, EU, UK and Canada implemented additional sanctions against Belarus. The coordinated announcement reflected the Biden Administration’s diplomatic commitment to joint sanctions actions. ...more

Canada Imposes New Sanctions on Russian and Ukrainian Entities and Officials

Bennett Jones LLP on 4/6/2021

On March 24, 2021, Canada imposed new economic sanctions against nine Russian government officials ("listed person(s)") implicated in what the Government of Canada believes were "gross and systematic" violations of human...more

Human Rights and Forced Labor Sanctions Announced

Foley & Lardner LLP on 3/25/2021

Earlier this week, the United States, the European Union, Britain, and Canada imposed sanctions on several Chinese officials for human rights abuses against the Uyghur minority in China’s Xinjiang Uyghur Autonomous Region...more

Travel Insurance Companies Hit with OFAC Enforcement Actions

The Volkov Law Group on 12/19/2019

The Treasury Department’s Office of Foreign Asset Control (“OFAC”) continues to rack up settlements. Two travel insurance companies recently settled OFAC enforcement actions for violations of the Cuban Embargo....more

Trump Administration Allows Lawsuits Against Persons Who Have Used Assets Confiscated by the Cuban Government, Imposes More...

Dorsey & Whitney LLP on 4/23/2019

On April 17, 2019, the Trump Administration announced that it would now allow plaintiffs to file U.S. federal court cases against individuals and companies that use private property expropriated by the Cuban government after...more

Following US and EU Lead, Canada Lifts Sanctions Against Iran

Cozen O'Connor on 2/4/2016

Canada’s Minister of Foreign Affairs, Stéphane Dion, announced on January 26, 2016 that Canada will be lifting some of its economic sanctions against Iran. This announcement comes shortly after the United States and the...more

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