President Donald Trump said he will soon authorize “powerful” sanctions against Turkey for its recent military actions in Syria. The sanctions will target former and current Turkish government officials and anyone contributing to Turkey’s actions, Trump said, adding that the U.S. will also “immediately stop” negotiating a trade deal with Turkey.
Sens. Lindsey Graham, R-S.C., and Chris Van Hollen, D-Md., agreed to support legislation that would impose sanctions on Turkey unless the Trump administration certifies every 90 days that Turkey is not operating in Syria, according to a framework of the sanctions released Oct. 9. The legislation would sanction all U.S. assets belonging to Turkey’s top officials, including its president, vice president and ministers of defense, foreign affairs, treasury, trade and energy. It would also block U.S. defense exports to Turkey's military and impose sanctions on any foreign person or entity that sells to Turkey’s military or energy sector.
The U.S. is considering selling military goods to Greece as part of the defense cooperation agreement the two sides signed Oct. 4, Secretary of State Mike Pompeo said. Speaking with reporters, Pompeo also said the U.S. plans to pitch U.S. companies on doing business with Greece, warned Greece about doing business with China and did not rule out the possibility of sanctions or other measures against Turkey if it begins offshore drilling near Cyprus.
A U.S. manufacturing company disclosed it may have violated U.S. sanctions on Iran, in a filing with the Securities and Exchange Commission. The company, H.B. Fuller, said it voluntarily disclosed the possible violations to the Treasury Department in September 2018 after discovering its subsidiaries in Turkey and India may have sold its products to customers who then resold them to Iran. The possible violations began in Turkey in 2011 and in India in 2014, the company’s Sept. 27 filing said, and involved the resale of “hygiene products.”
The government of Canada issued the following trade-related notices as of Sept. 30 (note that some may also be given separate headlines):
The U.S. and Turkey created sectoral committees to reach the two sides’ $100 billion trade goal, the two countries said at a Sept. 10 press conference. The committees will help with the goal -- initially announced by President Donald Trump during his June G-20 meeting with Turkey -- by bringing together Turkish and American business circles to promote trade, according to a report from the Daily Sabah. The committees will be run by the two countries' trade ministries, the report said.
President Donald Trump issued an executive order Sept. 10 that “strengthens and expands” the State and Treasury departments' sanctions authorities against terrorists, the Treasury's Office of Foreign Assets Control said in a notice. Among several changes, the order allows the U.S. to impose “correspondent account or payable-through account sanctions” on foreign banks that “knowingly conducted or facilitated any significant transaction” for a U.S. sanctioned global terrorist, OFAC said.
A Turkish businessman was sentenced to just more than two years in prison following his conviction for conspiring to illegally export marine equipment from the U.S. to Iran, the Justice Department said in a Sept. 3 press release. Resit Tavan, owner of Istanbul-based Ramor Dis Ticaret, tried to export “specialized” equipment, including outboard engines, marine power generators and power boat propulsion equipment known as “surface drives,” the press release said.
Commerce revoked export privileges for Sammy Smith, who was convicted in 2018 of violating the Export Control Act after trying to illegally export firearms components from the U.S. to Turkey, Commerce said in an Aug. 30 notice. Smith tried to export several items on the U.S. Munitions List, including “glock pistol upper receivers, barrels and recoil springs, Lone Wolf pistol upper receivers with matching barrels and a Beretta PX4 pistol short barrel,” Commerce said. Smith was sentenced to two months in prison, six months of supervised release and a $100 fine, the notice said. Commerce revoked Smith’s export privileges for seven years dating from his July 9, 2018, conviction.
The Office of the U.S. Trade Representative is soliciting comments at regulations.gov, docket number USTR-2019-0012, on tariff and non-tariff barriers in 61 countries, the European Union and the countries of the Arab League (some of which are included in the list that follows). The topics stakeholders can comment on are wide-ranging -- from tariffs, customs practices, and sanitary and phytosanitary measures not based on science, to subsidies, intellectual property enforcement, data localization, discriminatory licensing or regulatory actions and investment restrictions. They also asked about Buy America-equivalent policies in other markets. The countries under review for the annual trade barriers report are: Algeria, Angola, Argentina, Australia, Bahrain, Bangladesh, Bolivia, Brazil, Brunei, Burma, Cambodia, Canada, Chile, China, Colombia, Costa Rica, Cote d’Ivoire, Dominican Republic, Ecuador, Egypt, El Salvador, Ethiopia, Ghana, Guatemala, Honduras, Hong Kong, India, Indonesia, Israel, Japan, Jordan, Kenya, Korea, Kuwait, Laos, Malaysia, Mexico, Morocco, New Zealand, Nicaragua, Nigeria, Norway, Oman, Pakistan, Panama, Paraguay, Peru, the Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, Switzerland, Taiwan, Thailand, Tunisia, Turkey, United Arab Emirates, Ukraine and Vietnam. Comments are due by midnight Oct. 31.