Commerce Secretary Gina Raimondo said April 17 she’s concerned that a host of upcoming elections around the world could fuel harmful sentiment against international trade.
Congress should approve tougher sanctions and import restrictions to stem the deadly and illegal flow of fentanyl into the U.S., the House Select Committee on China said in a new report April 16.
Leaders of the Group of Seven (G7) nations have discussed the possibility of imposing additional sanctions on Iran in response to that country’s drone and missile attack on Israel last week, White House National Security Communications Adviser John Kirby said April 15.
The Biden administration isn't ready to say whether it plans to formally designate Venezuela’s largest criminal gang, Tren de Aragua, a transnational criminal organization, a State Department official said at an April 11 congressional hearing.
The Bureau of Industry and Security is encouraging industry and foreign countries to do more to ensure American high-tech products don't end up in Russian weapon systems, a Commerce Department official said April 10.
The Treasury Department has asked lawmakers to approve a series of proposals to help it counter terrorist groups and other bad actors that increasingly use cryptocurrency to evade financial sanctions, Deputy Treasury Secretary Wally Adeyemo said April 9.
Sanctions compliance professionals should familiarize themselves with several advisories authorities recently issued to help spot “dark fleet” vessels that seek to evade the price cap on Russian oil sales or oil sanctions on Iran and Venezuela, experts said April 4 during a webinar hosted by the Association of Certified Sanctions Specialists.
Sen. Sherrod Brown, D-Ohio, who has opposed the proposed acquisition of U.S. Steel Corp. by Japan-based Nippon Steel Corp. since it was announced in December (see 2312200056), said April 2 that a new report about Nippon Steel’s ties to China provides another reason for the Biden administration to reject the deal.
Leaders of the House Select Committee on China announced April 1 that they have asked the Pentagon to consider adding seven “problematic” biotechnology entities to its 1260H List of Chinese military companies.
U.S. companies interested in divesting Russian assets that are subject to the Export Administration Regulations may need to obtain multiple licenses from the U.S. government, a Commerce Department official said March 28.