U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) published a new final rule to extend recordkeeping requirements to 10 years, effective March 21, 2025 On April 24, 2024, President Joe Biden signed into law the 21st Century Peace through Strength Act. Section 3111 of the Act extends the statute of limitations for civil and criminal violations of the International Emergency Economic Powers Act (IEEPA) and the Trading with the Enemy Act (TWEA) from five years to 10 years....

Read more

On February 10, President Trump issued Proclamations 10896, “Adjusting Imports of Steel Into the United States” and 10895 “Adjusting Imports of Aluminum Into the United States,” (together, Proclamations), reasserting U.S. national security concerns and implementing additional tariffs on steel, aluminum, and their derivative products under Section 232 of the Trade Expansion Act of 1962, building upon the original tariffs imposed pursuant to Proclamation 9704, “Adjusting Imports of Aluminum Into the United States” and Proclamation 9705 “Adjusting Imports of Steel Into the United States” in 2018. These...

Read more

EU implements a 90-day pause on steel and aluminium retaliatory measures On 9 April, U.S. President Donald Trump called for a 90-day pause on his planned “reciprocal” tariffs. While tariffs on steel, aluminium, and automobiles remain in place, the EU will temporarily face only a 10% tariff. In response to President Trump, on 10 April, European Commission President von der Leyen announced a 90-day pause in the planned steel & aluminium retaliatory tariffs, – a measure approved by EU member States just the day before. This pause will...

Read more

By Diane K. Roskies In today’s highly mobile world, it is increasingly common for U.S. citizens and permanent residents to own homes abroad. These properties may have been acquired as vacation homes, inherited from parents who remained in their home countries or maintained as dual residences for work, particularly by executives of international corporations. Even after retirement, many individuals choose to retain their non-U.S. homes. In my practice, I have encountered all these scenarios involving U.S. persons who own second...

Read more

Since the start of the second Trump administration, Customs and Border Protection (CBP)’s surveillance measures have increasingly extended to travellers’ electronic devices. The US government has the authority to search all electronic devices at the border, irrespective of your legal status in the country or whether they have any reason to suspect you have committed a crime. You can state that you do not consent to such a search, but this likely will not prevent CBP from taking and...

Read more

Most EU cities plan more investments to fight global warming and expand public housing, schools and hospitals, new EIB survey shows. Of EU municipalities surveyed, 56% to spend more on cutting greenhouse gas emissions and 53% to boost budgets for social infrastructure over next three years. Cities across Europe increasingly want to tap new sources of financing for development on top of traditional national and EU grants. Most cities in Europe plan to spend more on fighting climate change...

Read more