Trade and Manufacturing Monitor
New Menu-Based Sanctions Target Facilitators of Global Drug Trade
On December 15, 2021, the Biden Administration issued a new Executive Order (E.O.) pursuant to the Fentanyl Sanctions Act (FSA) that modernizes the Treasury Department’s authority to impose sanctions on foreign drug…
New E.O. Revokes TikTok and WeChat Prohibitions, But Lays Framework for New Restrictions
Yesterday, President Biden signed an Executive Order (“E.O.”) that formally revokes and replaces three earlier E.O.s that aimed to restrict transactions with TikTok, WeChat, and other communications and Fintech…
Biden-Harris Administration Releases Report and Recommendations Concerning America’s Supply Chains
Yesterday morning, June 8, 2021, the Biden-Harris administration released a report including factual findings and recommendations concerning four critical supply chains. The full 250-page report is available here and a…
Biden Administration to Evaluate Critical U.S. Supply Chains for Resiliency
On February 24, 2021, President Biden issued Executive Order 14017 (“EO 14017”) establishing a wide-ranging evaluation of America’s supply chains that will take place over the next twelve months. The assessment will…
U.S. Imposes Targeted Sanctions and Export Control Restrictions on Burma
Today, President Biden issued an Executive Order (E.O.) that authorizes new U.S. sanctions on Burma in response to the recent military coup in that country. The E.O. allows the U.S. Office of Foreign Assets Control…