On May 1, 2026, President Trump issued Executive Order (EO) 14404, “Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy,” authorizing sanctions against persons determined to be operating in
The UK has introduced a new “sanctions end‑use controls” licensing trigger aimed at restricting diversion of certain trade-sanctioned goods and related technology via non‑sanctioned third countries. The controls apply across all regimes with trade sanctions where restrictions extend beyond arms embargoes, and
On April 23, 2026, the EU adopted its 20th sanctions package targeting Russia and Belarus in connection with the Russia-Ukraine conflict.
The latest package significantly expands the EU’s restrictive measures across the energy, finance and crypto, trade, services and maritime
In an April 2, 2026 Proclamation, the Trump administration made significant changes to the implementation of the existing tariffs on steel, copper, and aluminum products and derivative articles under Section 232 of the Trade Expansion Act (“Section 232”). Since
On March 18, 2026, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 52 (GL 52). The license broadly authorizes established U.S. entities to engage in transactions with Petróleos de Venezuela, S.A. (PdVSA)—including oil
On January 29, 2026, HM Treasury’s Office of Financial Sanctions Implementation (OFSI) published its response to the consultation on “Improving civil enforcement processes for financial sanctions” (“Consultation Response”), confirming that OFSI intends to proceed with all proposals consulted on in
When some energy executives and their lawyers hear “investment protection” they think arbitration. They picture a panel in some neutral city, elaborate briefs and a damages award to be executed on some asset somewhere. In “An Integrated Approach to
On March 5, news outlets reported that the U.S. government is drafting new export control regulations for AI chips. A copy of the draft regulations is not publicly available. According to reports, the draft regulations would cover most high-end
Following its March 11 announcement of a Section 301 investigation focused on structural excess capacity, on March 12 the Office of the U.S. Trade Representative (USTR) initiated new investigations into 60 of the United States’ largest trading partners, examining
On March 11, the U.S. Trade Representative (USTR) announced the initiation of a series of Section 301 investigations under the Trade Act of 1974 into “structural excess capacity and production in manufacturing sectors.” The investigations target the following countries: China,