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OFAC issued an Advisory to the international civil aviation industry, warning against unauthorized transfers of aircraft and related goods and services to Iran or to designated Iranian airlines

Rare earth magnets power everything from EVs to MRI machines—but what happens when 90% of them come from one country?

The increasing weaponization of economics by U.S. rivals has left key U.S. industries and markets vulnerable, reduced trust in institutions, and endangered US security and prosperity.

Ely Goldin was featured in The New York Times article, " Prosecutors Ease Crackdown On Buyers of China-Bound Luxury Cars."

The U.S. government has recently announced a variety of sanctions against certain Russian oligarchs, Russian entities and regions of Ukraine.

Steptoe partner Alexandra Melia and associate Elliot Letts were editors of Lexology's 2025 Panoramic Sanctions Guide.

The first six months of the Trump Administration saw several notable developments for US sanctions, with particular implications for Russia and Iran.

In this quarter, OFAC lifted sanctions on Rusal and other companies following divestment by Oleg Deripaska. Meanwhile, as Venezuela descends into economic and political crisis, the US targeted PdVSA and others to hasten regime change.

The first months of the Biden Administration signaled the new US President's willingness to remain tough on China in the short term.

Closing the year with a renewed focus on the People's Republic of China, the Biden Administration imposed new export restrictions on US-origin technology to Chinese tech firms to...

On April 4, the DOJ announced that Steven Lim, a citizen of Singapore, had been extradited from Indonesia to the United States in connection with criminal sanctions violations.

Reed Smith has been closely monitoring developments in U.S.-Cuba relations.

John Cornell Fuller's blog post, "Panama Papers May Reveal that Cuba Used Off-Shore Entities to Circumvent US Embarg," originally posted in the firm's International Trade Law Compass blog, was mentioned as one of the top postings...

The U.S. Treasury Department ("Treasury") Office of Foreign Assets Control designated two Singapore-based entities and one individual.

On October 23, 2019, the Department of Treasury Office of Foreign Assets Control removed the sanctions imposed in Executive Order 13894 on the Government of Turkey's Ministry of National Defence and the ...

The further evolving US and EU sanctions on Russia (and now, some newly emerging new Russian countersanctions) continue to challenge Russia-related business.

Today, the office of the US Trade Representative (USTR) released the results of its Sec. 301tariff statutory review, detailing ongoing practices by China, including cyber-attacks...