International Trade: Navigating Sanctions and Tariffs
Ensuring supply chain resilience in an era of trade wars and expanding export control lists.
The Weaponization of Trade
Global supply chains are under fire. From US-China trade tensions to sanctions on Russia, compliance is a moving target.
Know Your Customer (KYC)
Screening counterparties against OFAC and other sanction lists is mandatory. Ignorance is no defense. Robust automated screening tools should be integrated into your CRM and ERP systems.
Export Controls
Dual-use technologies (items with both civilian and military applications) are subject to strict export controls. Software encryption and AI algorithms often fall under these categories, catching many tech companies off guard.
Supply Chain Diversification
"Friend-shoring" is the new offshoring. Legal teams are restructuring supplier contracts to allow for rapid pivoting away from high-risk jurisdictions without incurring breach of contract penalties.