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US to restrict Russia foreign tech imports over Ukraine
The Biden administration announced sweeping restrictions to deny Russia access to products based on U.S. technology manufactured overseas by non-U.S. companies in response to its…
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US presents ‘Buy American’ plan to ease supply chain squeeze
The Biden administration announced several new actions Thursday intended to ease supply-chain disruptions that have plagued the economy during the coronavirus pandemic.
US Department of Commerce & Bureau of Industry and security Russia rule fact sheet
In response to the Russian Federation’s further invasion of Ukraine, the Bureau of Industry and Security has issued a final rule, “Implementation of Sanctions Against…
Commerce implements sweeping restrictions on exports to Russia in response to further invasion of Ukraine
Today, the U.S. Commerce Department, through its Bureau of Industry and Security (BIS), responded to Russia’s further invasion of Ukraine by implementing a sweeping series…
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Fertilizer shortages due to Russia-Ukraine conflict may hit US growing season
Expensive fertilizer means higher production costs for farmers growing food
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Food and metal shipments are left stranded in Ukraine chaos
Commodity exports from Ukraine, one of the world’s most important grain suppliers, were thrown into chaos after Russia’s invasion forced ports and railways to start…
Russian commodities trade feels chill as banks restrict finance
Russia’s invasion of Ukraine showed the first signs of stifling trade in vital raw materials, as the money that lubricates the flow of everything from…
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Biden team to hold off on Russia sanctions hitting aluminum
The Biden administration is holding off for now on sanctions against Russia that could disrupt global aluminum supplies, according to people familiar with the matter,…
Nestle, Carlsberg join European firms suspending Ukraine output
European companies ranging from Nestle SA to Carlsberg AS suspended operations in Ukraine after Russia invaded, while manufacturers are seeking to ensure the supply of…
US to aggressively enforce Russia sanctions, official says
The U.S. will “aggressively” enforce severe sanctions against Russia that President Joe Biden will announce on Thursday in response to the nation’s invasion of Ukraine,…