United States: International Law

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued two general licenses to provide limited sanctions relief for Venezuela's oil sector after the Venezuelan National Assembly passed sweeping legal reforms.

On January 29, 2026, the White House issued a new Executive Order, "Addressing Threats to the United States by the Government of Cuba" (the "Executive Order"), declaring a national emergency with respect to Cuba and establishing a framework for the imposition of tariffs on imports into the United States of goods from any country that supplies oil to the island, directly or indirectly

On February 2, the US Department of Commerce issued a Federal Register Notice outlining "US content" exemption procedures and requirements under the Section 232 tariffs on certain medium- and heavy-duty vehicles (MHDVs).