The U.S. International Trade Commission (ITC) has determined that increased imports of crystalline silicon photovoltaic cells (whether or not partially or fully assembled into other products) are being imported into the United States in such increased quantities as to be a substantial cause of serious injury to the U.S. solar equipment industry. After its 4-0
Trade Remedy/Enforcement
OFAC Implements Additional Sanctions on North Korea
President Trump has issued a new executive order implementing further sanctions in response to North Korea’s “provocative, destabilizing, and repressive actions,” particularly its recent intercontinental ballistic missile launches and its nuclear test of September 2, 2017. The new sanctions, to be implemented by the Department of the Treasury’s Office of Foreign Assets Control (OFAC), target…
OFAC Sanctions Chinese and Russian Entities and Individuals Supporting North Korea
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated 16 Chinese and Russian entities and individuals for activities related to the support of North Korea’s Kim Jong-un. These sanctions intentionally target third-country companies and individuals that (1) assist already-designated persons who support North Korea’s nuclear and ballistic missile programs, (2) deal…
President Trump Signs Into Law H.R. 3364 Regarding Sanctions Against Iran, Russia and North Korea
Today, President Trump signed into law the Countering America’s Adversaries Through Sanctions Act, which strengthens and expands statutory sanctions on Iran, Russia and North Korea. In a statement released by the White House, the president said, “I favor tough measures to punish and deter bad behavior by the rogue regimes in Tehran and Pyongyang. I…
House Passes Bill for Additional Sanctions Against Iran, Russia and North Korea
On July 25, the House of Representatives passed legislation that would impose additional sanctions on Iran, North Korea and Russia. The bill would increase sanctions on those involved in Iran’s human rights abuses, its support for terrorism, as well as its ballistic missile program. For Russia, the bill would ensure that existing economic sanctions remain…
OFAC and State Department Sanction 18 Additional Iranian Entities/Persons
Almost immediately after the Trump administration’s announcement that Iran was in compliance with the terms of the Joint Comprehensive Plan of Action (JCPOA), the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the State Department designated an additional 18 Iranian entities and individuals for engaging in activities supporting Iran’s continued testing of…
USTR and Commerce Request Comments Regarding Administration’s Reviews of Trade Agreement Violations and Abuses
As we previously reported, Executive Order 13796 of April 29, 2017, requires the United States Trade Representative (USTR) and the secretary of Commerce, in consultation with the secretary of State, secretary of the Treasury, attorney general and the director of the Office of Trade and Manufacturing Policy, to conduct comprehensive performance reviews of all…
OFAC and BIS Designate Additional Individuals and Entities Under the Ukraine/Russia-Related Sanctions
On June 20, 2017, pursuant to four executive orders (EOs), the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) subjected to U.S. economic sanctions more individuals and entities involved in the ongoing Crimean conflict between Russia and Ukraine. These actions…
Senate Passes Bill for Additional Sanctions Against Iran and Russia
After several months of negotiations in the Committee on Foreign Relations, the full Senate on June 15, 2017 considered and passed a bipartisan bill by a vote of 98-2 seeking to hold both Iran and Russia accountable for their recent destabilizing activities in world affairs. S. 722 at Title I contains the Iran component of…
Trump Administration Continues Waiver of Nuclear-Related Sanctions on Iran, Sanctions Iranian Officials for Ballistic Missile Program
The Trump administration has renewed a necessary waiver regarding U.S. sanctions on Iran’s crude oil exports. This will allow Iran to continue to sell its oil in the international market despite existing U.S. sanctions that must be periodically waived under the terms of the 2015 nuclear deal with Iran.
The Treasury Department’s Office of Foreign…
