Trump administration prepares sweeping sanctions against International Criminal Court

The Trump administration is drafting sanctions that would bar the International Criminal Court (ICC) from transacting through U.S. dollar rails, according to a Wall Street Journal report. The measures, which follow a six to seven-month wind-down period, would represent the first time the U.S. targets the court as an institution. These actions stem from Executive Order 14203, issued in February 2025, following the ICC's arrest warrants for Israeli officials. The sanctions would effectively block the court's access to the global financial system, as banks avoid sanctioned entities to maintain their own access to the dollar.