Report Examines Possible Approaches to Sanctions List Under Harris, Trump

While a possible Kamala Harris administration would likely continue the current Biden administration’s approach of streamlining various denied-party lists through measured, phased-in updates, a Donald Trump-run government would probably pursue a “blunter approach” and spend less time on evaluating industry impact before putting in place sweeping new sanctions, the Rhodium Group said in a report last month. Although the report examines a hypothetical situation in which the U.S. adds companies from the Commerce Department’s Entity List to the Treasury Department’s sanctions list, it called that a “bazooka option” and said more likely scenarios include expanding the scope of the Treasury Department’s list of Chinese military companies subject to certain investment restrictions.