U.S. Sanctions Under The Trump Administration – International Trade Implications

The Trump Administration has been active on the sanctions front as a means of asserting U.S. foreign policy and national security interests. Congress has also taken an increasingly active and direct role of late, beyond its typical deference to the executive branch. BakerHostetler's international trade team is pleased to provide the following report on the current state of sanctions. Please note that U.S. sanction programs are in near-constant flux, particularly given today's geopolitical environment.

The United States currently imposes broad trade sanctions on Cuba, Iran, North Korea, Syria, and Crimea, and has only recently lifted sanctions against Sudan. Sanctions targeting specific sectors or economic activities are also imposed on a number of additional countries, including recently revamped sanctions programs targeting Russia and Venezuela. Sanctions programs administered by the Treasury Department's Office of Foreign Assets Control (OFAC) apply to U.S. persons