The Escalating Sanctions Against Venezuela, Russia And Iran

Law360 (August 16, 2019, 4:33 PM EDT) -- The last two weeks have witnessed a flurry of economic sanctions developments, as the Trump administration has taken a number of executive actions in quick succession targeting Venezuela, Russia, and Iran — and by extension, China. Included within these developments is a broad embargo against the Venezuelan government, imposition of long-awaited sanctions against Russia related to the March 2018 poisoning of Sergei Skripal and implementation of sanctions against Iran’s metals sector, one of its primary sources of export revenue.

Specifically, the Trump administration has taken the following actions:

Venezuela 

On Aug. 5, President Donald Trump issued Executive Order 13884,[1] “blocking” the...

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