Trade and Manufacturing Monitor
Chinese Tech Firm Subject to U.S. Sanctions for Supporting Censorship in Venezuela
On November 30, the United States sanctioned China National Electronics Import and Export Corporation (CEIEC) by adding the Chinese technology company to the Specially Designated National (SDN) List. Treasury’s Office…
New Executive Order Targets Investments in Chinese Companies Linked to the Military
On November 12, 2020, the President issued Executive Order 13959 (the Order) to prohibit U.S. persons from purchasing the publicly traded securities of certain companies that are affiliated with China’s military. While…
U.S. Expands Sanctions on the Iranian Financial Sector
Last week, the United States expanded sanctions on Iran’s financial sector by designating 18 major Iranian banks as Specially Designated Nationals (SDNs) and authorizing additional future sanctions on the Iranian…
Trump Administration to Address U.S. Reliance on Imports of Critical Minerals
Late yesterday evening, President Trump declared a national emergency concerning the United States reliance on imports of certain “critical minerals.” The Executive Order directs a number of federal agencies, to take…
OFAC Imposes Further Travel-Related Restrictions on Cuba
Yesterday, the Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to further limit the ability of U.S. persons to book lodging in Cuba, import certain goods from Cuba, and…