Trade and Manufacturing Monitor

News and insight from our international trade practice group

The United States lifts sanctions on Turkey for now

After an announcement from the President today, OFAC removed the Turkish Ministry of Energy and Natural Resources, the Ministry of National Defense, and the ministers of Defense, Energy and Natural Resources, and…

President Trump to Sanction Turkey with Steel Tariffs and Halt Trade Deal

On Monday, October 14, 2019, President Trump announced that the U.S. will increase steel tariffs to 50% as a sanction against Turkey’s military advance into Syria last week. The steel tariffs were originally imposed at…

U.S. Issues New Primary and Secondary Sanctions Targeting Turkey

Yesterday, the U.S. government issued an Executive Order (E.O.) imposing new primary and secondary sanctions that target the government of Turkey in response to the escalating conflict in northern Syria. Pursuant to…