Trade and Manufacturing Monitor
U.S. Targets Chinese and Russians for North Korea Dealings
The Office of Foreign Assets Control (OFAC) designated 16 parties as Specially Designated Nationals (SDNs) today, effectively seizing their assets in the United States, blocking them from doing business with U.S.…
Schumer Urges Trump to Suspend All China-Related Mergers Pending Before CFIUS to Exact Tougher Approach on North Korea
Senate Minority Leader Charles Schumer wants President Trump to take a stand against China for its kids-gloves response to North Korea’s nuclear missile activity by using the Committee on Foreign Investment in the…
New Russia, Iran, and North Korea Sanctions Become Law
Today the President signed landmark legislation into law mandating new and enhanced sanctions on Russia, Iran, and North Korea. As noted in our prior posts, here and here, the law will tighten existing sanctions on…
US Govt Seeks $1.9 Million In North Korea Sanctions and Money Laundering Case
A recent suit filed by the U.S. Department of Justice (DOJ) for the forfeiture of nearly $2 million highlights the broad extraterritorial reach of U.S. sanctions laws. On June 14, DOJ filed a complaint to seize funds…