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Troutman Pepper Locke

US Extends China Tariff Truce by 90 Days

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On August 11, President Trump issued an executive order, "Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions With the People's Republic of China" (Order), extending the suspension of heightened tariffs...more

Troutman Pepper Locke

With New Tariffs, Recent Settlements May Foreshadow Future DOJ Enforcement

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The Trump administration’s implementation of tariffs on August 7, 2025, will have profound implications for companies engaged in international supply chains. These tariffs are poised to increase business costs, affecting a...more

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

Stankie Law

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

Stankie Law on

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

Jones Day

Navigating Tariffs and Income Taxes and Transfer Pricing

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In this new trade landscape, it is more important than ever to coordinate customs and operational planning with income taxes and transfer pricing....more

Mayer Brown

The White House Announces Sweeping “Reciprocal Tariffs”

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On April 2, 2025, President Donald Trump signed an Executive Order designed to address the threat posed to the United States by trade deficits....more

Troutman Pepper Locke

Unpacking the New Reciprocal Tariffs Reshaping US Trade Policies

Troutman Pepper Locke on

On April 2, President Trump declared “Liberation Day” and unveiled a series of sweeping tariff measures aimed at addressing trade imbalances and foreign trade practices while boosting domestic manufacturing. Marking the...more

Troutman Pepper Locke

New U.S. Tariffs on Mexico, Canada and China Take Effect – Retaliatory Measures Escalate Trade Tensions

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Last week consisted of many developments surrounding President Trump's tariff policy. On March 4, his sweeping new tariffs took effect, significantly altering the trade landscape for businesses engaged in international...more

Quarles & Brady LLP

New Tariffs Mean New Targets of the False Claims Act

Quarles & Brady LLP on

The value of goods imported to the United States in Fiscal Year 2024 was $893.15 billion, and as a result, U.S. Customs and Border Protection (“CBP”) collected $24.37 billion in duties, taxes and fees for those imports. Given...more

Braumiller Law Group, PLLC

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

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

Mayer Brown

UK Weekly Sanctions Update - Week Of January 29, 2024

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Robinson+Cole Manufacturing Law Blog

Five Eyes on Sanction Enforcement: Joint Guidance on Russia Sanctions Evasion From U.S. and Allies Identifies Detailed...

On September 26, 2023, U.S. export enforcement authorities, jointly with enforcement authorities in four allied countries (the Five Eyes), issued additional guidance in order to prevent the diversion of goods in violation of...more

The Volkov Law Group

DOJ Resolves First Corporate Sanctions Case Involving Iran Sanctions Program

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The Justice Department has touted the upcoming wave of corporate prosecutions for criminal sanctions violation as the era of “The New FCPA.” DOJ’s reference is intended to communicate a strong message – companies are going to...more

The Volkov Law Group

Commerce, Justice, State and Treasury Issue Unprecedented Joint Advisory Concerning Iranian UAV Procurement Activities

The Volkov Law Group on

In a relatively rare move for four (4) Cabinet-level Departments, the U.S. Departments of Commerce, Justice, State and Treasury issued an advisory notice on June 9, 2023,  aimed specifically at reminding industry of their...more

The Volkov Law Group

Murad Pays OFAC $3.3 Million for Iran Sanctions Violations; Former Senior Executive Pays $175k

The Volkov Law Group on

Over an eight-year period ending in 2018, Murad, a U.S. cosmetics company, illegally exported goods and services to Iran in 62 separate transactions worth approximately $11 million.  Murad was acquired by Unilever United...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions Iran’s international UAV procurement network

On March 9, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against a China-based network of five companies and one individual accused of supporting Iran’s unmanned aerial vehicle...more

Stikeman Elliott LLP

Canada Steps Up Sanctions on Russia and Belarus: Extractive Sector Services, Advanced Technology and Certain Media Entities Facing...

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In this post, we describe the many sanctions imposed by Canada on Russia and Belarus, and on certain Ukrainians who have supported them, since our previous update on June 22, 2022. ...more

The Volkov Law Group

Avoiding Compliance Overkill — Properly Assess and Manage Tangible Risks

The Volkov Law Group on

The uptick in recent sanctions activity caused in large part by the Russian Federation’s unprovoked and unilateral invasion of Ukraine has caused absolute pandemonium in many compliance circles. While the U.S. Department of...more

Stikeman Elliott LLP

Canada Imposes Further Sanctions on Russia in Response to the Invasion of Ukraine

Stikeman Elliott LLP on

On February 24, 2022, Canada imposed additional sanctions on Russia in the wake of its invasion of Ukraine. The new sanctions, the key elements of which are described below, are now effective and were imposed under...more

The Volkov Law Group

United States Announces Initial Sanctions in Response to Russia’s Invasion of Two Ukraine Regions

The Volkov Law Group on

In response to Russia’s invasion of Ukraine territories, the so-called Donetsk and Luhansk People’s Republics, respectively, (hereinafter “DNR” and “LNR”), on February 21, 2022, President Biden issued a new Executive Order...more

The Volkov Law Group

OFAC Settles with Hong Kong Trading Company for $5.2 Million for Violations of Iran Sanctions Program

The Volkov Law Group on

OFAC is off to a quick start in 2022.  After announcing its Airbnb enforcement action in the beginning of January, OFAC announced a settlement with Sojitz (Hong Kong) Limited, a Hong Kong, China-based company that engages in...more

The Volkov Law Group

OFAC Collects $133k from a US Individual for Violations of Iran Sanctions Program

The Volkov Law Group on

In May 2019, OFAC released its Framework for a Sanctions Compliance Program.  OFAC announced that it intended to increase the prosecution of individuals for sanctions violations.  OFAC has brought two cases against...more

The Volkov Law Group

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

The Volkov Law Group on

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

The Volkov Law Group

OFAC Implements New Ethiopia Sanctions Program

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On November 12, 2021, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), pursuant to Executive Order 14046, Imposing Sanctions on Certain Persons With Respect to the Humanitarian and Human Rights...more

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