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Treasury Seeks Feedback From Small Businesses Amid Sanctions Review

The Treasury Department held another discussion with industry on the impact of U.S. sanctions as the agency conducts a review of its sanctions regimes (see 2105280004). The meeting, held last week between Treasury Deputy Secretary Wally Adeyemo and small-business representatives,…

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included a discussion on how Treasury’s sanctions “play a role as small businesses seek to grow and expand,” the agency said June 2. “[T]hrough the sanctions review [Adeyemo] seeks to identify ways to strengthen the sanctions tool to best advance our national security, foreign policy, and economic objectives,” Treasury said. The National Customs Brokers & Forwarders Association of America said June 7 that it participated in the discussion.