Trade and Manufacturing Monitor
President Biden Issues Directive to Boost Critical Mineral Production
Last week, President Biden invoked the Defense Production Act (“DPA”) to expand domestic production of certain critical minerals involved in the manufacture of large capacity batteries. The five minerals specifically…
U.S. Sanctions Russian Chipmaker & Tech Companies; Expands Sanctions Authority
Today, the United States imposed sanctions on Russian technology companies and a network of companies involved in procuring goods for the Russian Intelligence Services. The Treasury Department also issued a…
Additional U.K. Sanctions Targeting Russian Industries, Banks, Elites; Belarusian Entities
Today, the United Kingdom expanded sanctions on Russia by imposing asset freeze restrictions on 59 Russian and six Belarusian actors. The measures target key strategic industries in Russia, and include large banks,…
Summary of Sanctions Imposed on Russia This Week (March 18, 2022)
The pace of new Russia sanctions matters slowed this week, with most of the action coming out of the European Union and United Kingdom. New measures this week included bans on imports of steel and iron products,…
EU Bans Dealings in Russian Iron & Steel Products; Imposes Luxury Goods & Energy Investment Bans
Today, the European Union imposed another round of significant sanctions and trade controls on Russia in response to the crisis in Ukraine. In addition to new asset freeze sanctions, the EU implemented a series of new…