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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the addition of several individuals and entities to the Specially Designated Nationals and Blocked Persons List (SDN List). This action is based on the determination that these persons meet the legal criteria under specific Executive Orders related to harmful activities from the Russian Federation. As a result, all their property and interests within the United States are blocked, and U.S. persons are prohibited from conducting transactions with them. The listed individuals and entities are linked to Russia and China, and are involved in activities such as financial services that have been flagged as risky under U.S. sanctions regulations.

The U.S.-China Economic and Security Review Commission will conduct a public hearing on February 20, 2025, in Washington, DC, focusing on China’s relationships with Russia, Iran, and North Korea. The hearing aims to analyze China’s strategic partnerships with these countries, including economic ties, trade, sanctions evasion, and cooperation in security and technology. Public participation is encouraged, with options to attend in person or watch via a live webcast. Queries and accommodation requests can be directed to Jameson Cunningham at the commission.

The U.S. Department of Commerce has extended the Temporary Denial Order (TDO) against Siberian Airlines, also known as S7 Airlines, for another year. This decision is due to ongoing violations of U.S. export regulations by the airline, involving the operation of airplanes into Russia without proper authorization. The measure aims to prevent further violations, warn companies and individuals about dealing with Siberian Airlines, and uphold stringent export controls related to Russia's use of certain technologies. Siberian Airlines may appeal this order, and the Commerce Department can request further renewals of the TDO.

The United States International Trade Commission has started investigations to determine if U.S. industries are harmed by granular polytetrafluoroethylene (PTFE) resin imports from India and Russia. These imports are suspected of being sold in the U.S. at unfairly low prices and subsidized by their respective governments. The investigations were initiated following a petition from Daikin America, Inc., and a preliminary decision is due by March 15, 2021. Measures such as antidumping and countervailing duties are being considered, and parties interested in the investigation have opportunities to participate and submit written statements.

The Department of Commerce initiated investigations to determine if imports of granular polytetrafluoroethylene (PTFE) resin from India and Russia are being sold in the U.S. at prices below fair market value, potentially harming the domestic industry. This action follows petitions filed on behalf of Daikin America, Inc., who allege material injury from these imports. The investigations will examine prices, production costs, and industry support, with preliminary findings expected in 140 days. The International Trade Commission will also assess whether these imports are causing injury to the U.S. industry.