Trump Policies on Economic Sanctions Could Affect Many Nations and Compliance Officers– Part 4: Potential Lifting of U.S. Sanctions Against Russia May Create Compliance Challenges on Both Sides of the Pond

February 9, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

 In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so that compliance professionals can make informed decisions as to the likely positions of the new U.S. administration in the next four years. (more…)

Trump Sanctions Policies Still Undefined, But Could Affect Many Nations and Compliance Officers – Part 3: Steven Bannon’s “America First” Agenda Looms As Big Factor

January 31, 2017
By: Anna Sayre, Legal Content Writer, SanctionsAlert.com

In this series, we present the comments and assertions made by President Donald Trump and his top assistants concerning economic sanctions and export controls so compliance professionals can make informed decisions as to the likely positions of the new U.S.administration in the next four years. (more…)

Trump Policies on Economic Sanctions Could Affect Many Countries and U.S. Compliance Officers – Part 2: New Administration Signals New Trade Controls, Sanctions on China

January 17, 2016
By: Anna Sayre, Legal Content Writer

In this second part of the series, we examine Mr.Trump’s comments and stated views on China.

Power of US President ToInfluence Sanctions Policy

The US President has substantial power to enforce, strengthen and waive sanctions with a stroke of a pen. Though sanctions may be authorized by statutes, most sanctions imposed by the Office of Foreign Assets Control (OFAC) arise from the exercise of Presidential national emergency powers through executive orders. The International Emergency Economic Powers Act (IEEPA) grants the President broad authority to respond to “unusual or extraordinary threat[s]” to the national security, foreign policy, or US economy.  The President exercises this authority by officially declaring what he/she believes to be a ‘national emergency’. (more…)

Trump Policies on Economic Sanctions Could Affect Many Countries and U.S. Compliance Officers – Part 1: How Trump Could Change Sanctions Policy on Iran

December 8, 2016
By Anna Sayre, Legal Content Writer, SanctionsAlert.com

Last November 8, when the American voters chose Donald J. Trump as the 45th President of the United States, few persons knew the full range of power and discretion that he will have at his disposal to cajole, punish, persuade and hurt nations that offend the norms he establishes or that may be specified by U.S. law or foreign policy. The billionaire and former reality TV performer faces international challenges that he never confronted in his hotel and resort business from which he derives his principal income from the licensing of his name. (more…)