News & Analysis as of

United States Office of Foreign Assets Control (OFAC) International Trade

Husch Blackwell LLP

Week Twenty-Six in Trade

Husch Blackwell LLP on

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

Sheppard Mullin Richter & Hampton LLP

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

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

Sheppard Mullin Richter & Hampton LLP

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

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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