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ARTICLE · 05 MAY 2026

Weekly Sanctions Update: May 4, 2026

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This comprehensive sanctions update covers major developments across US, UK, EU, and Asia-Pacific jurisdictions, including President Trump's expanded Cuba sanctions framework...

GlobalInternational Law
Steptoe LLP
Steptoe LLP

The Sanctions Update is compiled by Steptoe’s International Trade and Regulatory Compliance team and Steptoe’s Strategic Risk team. You can subscribe to receive the Sanctions Update every week through Steptoe’s International Compliance Blog and Stepwise Risk Outlook publication home pages. 

For more information or advice on any of the developments discussed below, please contact a member of our sanctions team here.

US Developments

Trump Expands Scope of Cuba Sanctions with New EO

On May 1, 2026, President Trump signed a new Executive Order (EO) expanding the scope of existing Cuba-related sanctions, building on his earlier EO 14380 from January 29, 2026, which declared a national emergency with respect to Cuba and authorized the imposition of tariffs on foreign countries that directly or indirectly sell or provide oil to Cuba.

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