Trade and Manufacturing Monitor
U.S. Imposes New Sanctions on Russia in Response to Claimed Annexation & Warns of Further Measures
Today, the U.S. Treasury Department and Commerce Department imposed new sanctions on Russia and Belarus as part of the G-7’s collective response to Russia’s claimed annexation of additional Ukraine territory. The new…
Biden Administration Issues Executive Order Defining Additional National Security Considerations for CFIUS
On September 15, President Biden signed an Executive Order (EO) with the first ever formal Presidential direction to the Committee on Foreign Investment in the United States (CFIUS or the Committee). The EO emphasizes…
EU Imposes Seventh Round of Sanctions: Ban on Russian Gold; New Asset Freezes; Expansion of Existing Measures
Last week, the European Union imposed its seventh round of sanctions on Russia, imposing a range of new restrictive measures . The new sanctions include a ban on dealings in Russian-origin gold, updates to existing…
Latest Round of Russia Sanctions: Rostec & New SDNs, Tariff Increases, Entity List, and Ban on Gold Imports
Today, the United States, in coordination with other G7 countries, announced new sanctions, export controls, and import restrictions on Russia. The latest U.S. package of measures include sanctions targeting Russia’s…
Biden Administration Invokes DPA to Advance Clean Energy Goals
On Monday, June 6, 2022, President Biden invoked the Defense Production Act of 1950 (“DPA”) with the intent to accelerate domestic manufacturing in the renewable energy sector. In addition to furthering the…