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ARTICLE · 10 NOVEMBER 2025

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Sanctions Update: November 3, 2025

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The Sanctions Update, compiled by attorneys from Steptoe's award-winning International Trade and Regulatory Compliance team and the Stepwise: Risk Outlook editorial team, publishes every Monday.

United StatesInternational Law
Steptoe LLP
Steptoe LLP

The Sanctions Update, compiled by attorneys from Steptoe's award-winning International Trade and Regulatory Compliance team and the Stepwise: Risk Outlook editorial team, publishes every Monday. Guided by the expertise of Steptoe's industry-leading IRC team, the Sanctions Update compiles and contextualizes weekly developments in international regulatory enforcement and compliance, as well as offers insights on geopolitical context, business impacts, and forthcoming risks.

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US Agrees to Delay the BIS 50% Rule in Exchange for China Suspending Rare Earth Controls

Thursday's highly anticipated meeting between President Trump and President Xi produced significant progress on easing tensions between the world's two largest economies. Each side leveraged its economic tools to pressure suspensions of the other's trade measures, offering relief not only to both nations but also to the global market strained by the escalating and costly US-China trade competition.

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