Trade and Manufacturing Monitor

News and insight from our international trade practice group

U.S. Bans Russian Energy Imports; Investments in Russian Energy Sector

Today, the Biden Administration issued a new Executive Order (E.O.) banning imports of Russian-origin energy into the United States and prohibiting new investments in the Russian energy sector. Although the United…

FinCEN Warns Of Russia Sanctions Evasion; Focus on Crypto

On March 7, 2022, the Financial Crimes Enforcement Network (FinCEN) issued an alert advising financial institutions to be vigilant against attempts to evade recent U.S. sanctions imposed on Russia’s following that…

Biden Administration Releases Six American Manufacturing and Supply Chain Reports

On February 24, 2022, the Biden Administration announced the release of six executive-branch reports and a White House “capstone” report pursuant to Executive Order (EO) 14017 on America’s Supply Chains (February 24,…

Summary of Sanctions Imposed on Russia This Week (March 4, 2022)

Over the last two weeks, the United States, European Union, and allied countries imposed a broad range of sanctions and export control restrictions on Russia and Belarus in response to Russia’s invasion of Ukraine.…

U.S. Expands Oil Equipment Export Controls on Russia

Yesterday, the Commerce Department’s Bureau of Industry and Security (BIS) issued a final rule restricting the export of critical oil refining equipment to Russia and tightening license requirements for exports to the…