On October 7, 2025, the EU Commission proposed new protective measures on steel. Subsequently, on October 9, 2025, China announced new export controls on rare earths. These two measures are among several recently announced by major trading nations, reflecting the current tense geopolitical landscape. They also affect stakeholders in third countries, including Norway.

On 21 August 2025, The United States and the European Union announced that they had reached a Framework on an Agreement on Reciprocal, Fair and Balanced Trade. In this update, we provide an overview of the key takeaways from the Framework Agreement and how it may affect entities trading with the US.

Today, the EU adopted its 18th package of sanctions against Russia following the invasion of Ukraine in 2022, targeting primarily Russia's energy sector and banking sector. Additionally, there have been several other notable updates across various jurisdictions, including new measures in relation to Russian hybrid threats and updated sanctions targeting Iran, Syria, Haiti and Moldova.

Ongoing tariff and trade tensions across the globe have led many businesses to adapt, or consider adapting, their operations to avoid or minimise impacts of tariffs and other trade restrictions. In this Tariff and Trade Alert, we discuss the distinction between lawful and reasonable adaptions and illegal circumvention that businesses should be aware of.

The 'Liberation Day' tariffs announced by President Trump in April 2025 have substantially altered the international trade landscape, generating widespread uncertainty among businesses and industries. In particular, potential countermeasures and trade agreements have to a large extent been unresolved issues that many are eagerly awaiting.

On March 25, 2025, the US Department of Commerce’s Bureau of Industry and Security (BIS) added 80 entities from China, the United Arab Emirates (UAE), South Africa, Iran, Taiwan, and other countries to the Entity List for activities deemed contrary to US national security and foreign policy. This represents another measure in the ongoing trade war between the US and China.

In this update, we provide a key overview of the recent developments within tariffs and trade restrictions, in light of the current geopolitical landscape and discuss implications for businesses, alongside strategies for navigating these challenges moving forward.

ESG, compliance og risikostyring

Anti-hvitvasking

Ansvarlig næringsliv og menneskerettigheter

Foretaksstraff

Granskning og krisehåndtering

Tvisteløsning

Sanksjoner og eksportkontroll

Toll og handelsrestriksjoner

Advokatfullmektig

Amandus arbeider med compliance og krisehåndtering. Han har en særlig interesse for sanksjoner, eksportkontroll, foretaksstraff og tvisteløsning, men arbeider også bredt innenfor firmaets øvrige compliance-praksis. Han bistår klienter innen en rekke sektorer, herunder industri, shipping og finans.

Amandus har en mastergrad i rettsvitenskap fra Universitetet i Bergen, hvor han skrev masteroppgave om sanksjoners betydning for anerkjennelse, fullbyrdelse og gyldighet av sivile rettsavgjørelser. Han har også tilbrakt et halvt år på utveksling ved University of Hong Kong. Under studietiden var han praktikant i Lovavdelingen i Justis- og beredskapsdepartementet, Finansmarkedsavdelingen i Finansdepartementet og en rekke advokatfirmaer, samt arbeidsgruppeleder ved Universitetet i Bergen. I tillegg har han jobbet et halvt år hos Norges faste delegasjon til WTO og EFTA i Genève.

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Amandus arbeider med compliance og krisehåndtering. Han har en særlig interesse for sanksjoner, eksportkontroll, foretaksstraff og tvisteløsning, men arbeider også bredt innenfor firmaets øvrige compliance-praksis.

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