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United Kingdom › International Emergency Economic Powers Act (IEEPA) › National Security

Skadden, Arps, Slate, Meagher & Flom LLP

The UK-US ‘Economic Prosperity Deal’ and Its Impact

Skadden, Arps, Slate, Meagher & Flom LLP on

On May 8, 2025, the U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, including on cars, steel and aluminum, and released the general terms for a potential U.K.-U.S. trade agreement....more

Paul Hastings LLP

Statute of Limitations for IEEPA and TWEA Violations Extended to 10 Years, and Additional Sanctions Developments

Paul Hastings LLP on

Recent legislation, H.R. 815, the National Security Supplemental (“the Act”) – further explained by guidance issued by the U.S. Department of the Treasury Office of Foreign Assets Control (“OFAC”) on July 22, 2024 – has...more

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