Trade and Manufacturing Monitor

News and insight from our international trade practice group
Tag: Treasury

U.S. Announces Additional Round of Russia & Belarus Trade Restrictions; Closes Airspace to Russia (UPDATED)

March 4, 2022 Update: This post was updated after BIS published new export controls on oil and gas equipment and Entity List sanctions on firms related to the Russian defense industry. Today, the United States…

Treasury Announces A More Tailored Approach to U.S. Sanctions Policy

Yesterday, the Biden Administration released the results of a broad review of U.S. economic sanctions policy following two decades of expanding use of sanctions as a foreign policy tool. The report recognizes that U.S.…