News & Analysis as of July 30, 2025

International Trade

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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

Russia/Ukraine Sanctions Update - Month of June 2025

Mayer Brown on 7/2/2025

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

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

Morrison & Foerster LLP on 6/12/2025

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

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

K2 Integrity on 6/10/2025

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

A New Day for Syria: Trump Administration Relaxes Sanctions

Skadden, Arps, Slate, Meagher & Flom LLP on 6/6/2025

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

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

Sheppard Mullin Richter & Hampton LLP on 5/30/2025

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

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

Mayer Brown on 5/29/2025

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

United States Eases OFAC Sanctions on Syria

Latham & Watkins LLP on 5/28/2025

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

Review of International Trade Enforcement in the U.S., E.U., and UK in 2024 and What to Expect in 2025

Foley Hoag LLP - White Collar Law &... on 3/14/2025

This is the final in our 2025 Year in Preview series examining important trends in white collar law and investigations in the coming year. Throughout 2024, enforcement of international trade laws continued to gather pace...more

2024 in Review: A Year of Expanded Sanctions and Trade Controls and Increased Enforcement Actions

K2 Integrity on 2/21/2025

In 2024, global sanctions and trade controls continued to expand, with the United States (U.S.), European Union (EU), and United Kingdom (UK) leading the charge against actors threatening international security and financial...more

German Company Pays $14.55 Million to Settle Violations of U.S. Sanctions on Iran

Bass, Berry & Sims PLC on 12/16/2024

Key Points: - Long-arm of U.S. sanctions jurisdiction reaches conduct by European company. - Violation involved shipment to Iran from Australia, a close U.S. ally. On December 3, the Treasury Department’s Office of...more

Security Assistance Law Expanded the Reach of US Sanctions and Doubled the Statute of Limitations

Skadden, Arps, Slate, Meagher & Flom LLP on 6/3/2024

On April 24, 2024, President Joe Biden signed the 21st Century Peace Through Strength Act (Act) into law. The Act, which is part of a broader law providing supplemental aid to Israel, Taiwan and Ukraine, contains several...more

Developments in U.S. International Trade Laws Since the Start of 2023 and What to Expect for the Rest of 2024

Foley Hoag LLP on 5/8/2024

Throughout 2023 and early 2024, we continue to witness deepening geopolitical and economic divides globally. The U.S. and its allies (most significantly the EU and the G7), spurred on by Russia’s war in Ukraine, continue to...more

International Trade Enforcement Roundup – May 2023 Update

Bass, Berry & Sims PLC on 6/23/2023

May saw several Russia-related enforcement and other actions. The Department of Justice (DOJ) identified and charged three foreign nationals with violating export control laws as they attempted to circumvent Russian...more

New US Efforts To Prosecute Sanctions Evasion and Export Control Violations May Require Compliance Programs To Be Updated

Skadden, Arps, Slate, Meagher & Flom LLP on 3/17/2023

DOJ Increases Resources To Investigate and Prosecute Sanctions Evasion and Export Control Violations - On March 2, 2023, during a keynote speech at the American Bar Association’s annual White Collar Crime National...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

U.S., UK and EU Sanctions Over Putin’s Recognition of Breakaway Ukraine Regions

Sheppard Mullin Richter & Hampton LLP on 2/22/2022

U.S. Comprehensive Sanctions Against the DNR and the LNR - Scope: the DNR and LNR - The new EO does not detail which parts of the Donetsk and Luhansk regions[1] are subject to the new U.S. sanctions. It is likely that...more

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