News & Analysis as of August 3, 2025

Imports

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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 -

Week Twenty-Six in Trade

Husch Blackwell LLP on 7/28/2025

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

EU Announces Countermeasures Following Imposition of US Tariffs

Mayer Brown on 3/18/2025

On 12 March 2025, the United States (US) imposed tariffs of up to 25% on imports of steel, aluminium, and certain products containing steel and aluminium from the European Union (EU) and other trading partners....more

President Trump Threatens New Tariffs on European Alcohol Imports

Husch Blackwell LLP on 3/14/2025

March 13, President Donald Trump announced a potential 200% tariff on wine, cognac, and other alcohol imports from Europe. This statement was made in response to the European Union’s plan to impose tariffs on American whiskey...more

Russia/Ukraine Sanctions Update - Month of December

Mayer Brown on 12/27/2024

I. US SANCTIONS - U.S. Department of the Treasury Designates Russian Construction Director and Issues Russia-Related General Licenses: On December 18, the U.S. Department of the Treasury’s Office of Foreign Assets Control...more

Hot Topics in International Trade - December 2024 - Tariffs, and the Temptation to Use Them as Geopolitical Leverage

Braumiller Law Group, PLLC on 12/12/2024

The United States has a long history of using tariffs. The first significant tariff legislation was the Tariff Act of 1789, signed by President George Washington. Tariffs have been used for various purposes over the years,...more

US Presidential Elections 2024—What is at Stake for Swiss Companies and Investors?

Akin Gump Strauss Hauer & Feld LLP on 9/11/2024

The November U.S. Presidential electoral campaign is in full swing. Since President Joe Biden ended his reelection bid and Vice President Kamala Harris secured the Democratic Party nomination, polls now show a tight race...more

EU’s 14th Package of Sanctions on Russia

Pillsbury - Global Trade & Sanctions Law on 7/10/2024

On 24 June 2024, the EU adopted its 14th package of sanctions against Russia. The latest measures include: The designation of 116 additional individuals and entities across a number of industries for their responsibility in...more

Quarterly Sanctions Update | Q1 2024

McDermott Will & Emery on 4/8/2024

The European Union and the United Kingdom continue to tighten sanctions against Russia, particularly in the wake of the second anniversary of Russia’s invasion of Ukraine and the sudden death of Russian opposition leader...more

Braumiller Law Group & Braumiller Consulting Group - April 2024 newsletter

Braumiller Law Group, PLLC on 4/5/2024

In February 2024, Customs and Border Protection (CBP) began taking a new approach to Uyghur Forced Labor Prevention Act (UFLPA) enforcement—questionnaires. Once again, the solar industry is among the first targets, vanguards...more

Russia/Ukraine Sanctions Update - Month of February

Mayer Brown on 3/1/2024

I. US SANCTIONS - US Department of the Treasury Sanctions Almost 300 Individuals and Entities: On February 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned almost 300 individuals...more

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

White & Case LLP on 3/17/2023

On 25 February 2023, the EU adopted its tenth sanctions package against Russia. More industrial, high-tech and aviation goods are now banned for export to Russia, while Russian bitumen and related materials, synthetic rubber...more

Sanctions Update: EU and US Impose New Sanctions and Export Controls Relating to Russia

Latham & Watkins LLP on 10/12/2022

The EU has issued its eighth “package” of sanctions measures on Russia. Meanwhile, US agencies have issued guidance on “secondary” sanctions enforcement, designated additional SDNs, and restricted further exports to Russia —...more

Update: U.S. Ramps Up Pressure Against Russia with New Round of Sanctions and Export Controls

Venable LLP on 3/17/2022

On Friday, March 11, 2022, President Biden, in coordination with G7 leaders in the United Kingdom, European Union, Canada, and Japan, announced another round of economic actions aimed at further isolating the Russian economy...more

How to Steal $10 Billion from Europe

Sheppard Mullin Richter & Hampton LLP on 8/20/2019

Europe has come up with a nifty plan to help Iran buy and sell stuff outside the reach of U.S. sanctions. The problem is that the plan is a fraud magnet. How do we know? It’s been tried before, and the fraud was epic. The...more

Iran Sanctions Are Here—Breaking Down What This Means For Business

Akin Gump Strauss Hauer & Feld LLP on 11/27/2018

• As of November 5, 2018, the United States concluded the second of two wind-down periods for re-imposition of U.S. sanctions on Iran following the May 8, 2018, announcement that the United States would cease participation in...more

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