In less than two weeks, we have seen Syria go from one of the most heavily sanctioned countries on the planet to a country well on the road to establishing normal trade relations with the Western world. The latest flurry of developments started on May 13, 2025, when President Trump caught much of the world by surprise when he said in a speech in Riyadh: “I will be ordering the cessation of sanctions against Syria…
In an era of intensifying geopolitical tensions, companies with operations in the U.S. must navigate an increasingly fragmented and national security-driven regulatory landscape governing cross-border transfers of many different types of data, including personal data and technical information used in R&D and patent filings. The U.S. Department of Justice’s new Data Security Program (DSP) essentially prohibits U.S. persons from making certain volumes of Americans’ personal data available to entities headquartered or residing in China (including…
US Congressman Ronny Jackson has introduced the US-South Africa Bilateral Relations Review Act of 2025 (Act). This Act highlights actions allegedly taken by the South African government that have strained relations between the two nations, and would require the President, in consultation with the Secretary of State and the Secretary of Treasury, to submit a report to the appropriate congressional committees on senior South African government officials that meet the criteria for the imposition of…
On March 24, 2025, the White House issued Executive Order 14245 (“EO 14245”) to implement potential tariffs for countries importing Venezuelan oil as well as a Fact Sheet that summarizes EO 14245 at a high level. On the same date, the US Treasury Department’s Office of Foreign Assets Control issued General License (“GL”) No. 41B extending the wind down period of certain transactions related to Chevron Corporation joint ventures (“JVs”) in Venezuela. EO 14245 This…