The threat of a looming trade war has left United States importers scrambling for tools to help ameliorate the impact of customs duties. In many ways we are entering a higher-cost operating environment. ...more
The INCOTERMS published by the International Chamber of Commerce (ICC) have long served the international community by offering a “shorthand” for communicating key shipping terms. The ICC most recently issued the 2020 version...more
6/12/2025
/ Contract Disputes ,
Contract Interpretation ,
Contract Terms ,
Imports ,
International Chamber of Commerce (ICC) ,
International Trade ,
Risk Management ,
Shipping ,
Shipping Cargo ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
Geopolitical risks to supply chains are top of mind across C-suites, but few say what it means. The term “geopolitical risk” has largely become a code word for import, export, and economic sanctions compliance. ...more
6/12/2025
/ Business Development Companies ,
Business Strategies ,
Due Diligence ,
ECCNs ,
Economic Sanctions ,
Export Controls ,
Exports ,
Geopolitical Risks ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
Office of Foreign Assets Control (OFAC) ,
Risk Assessment ,
Risk Management ,
Sales Contracts ,
Supply Chain ,
Tariffs
The White House has kicked off what appears to be a global trade war. The near-term net effect is the growing reality that we are entering a higher-cost operating environment for most industries. Volatility is always a...more
6/12/2025
/ Commercial Insurance Policies ,
Customs and Border Protection ,
Imports ,
Insurance Industry ,
Insurance Regulations ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Multinationals ,
Risk Management ,
Supply Chain ,
Tariffs ,
Trade Wars ,
Underwriting ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
The White House’s approach to regulatory policy emerged swiftly after Inauguration Day. In many parts of the industry the new Administration started with a “buzz” of excitement. ...more
6/12/2025
/ Biden Administration ,
Deregulation ,
Enforcement Actions ,
Executive Orders ,
Foreign Trade Regulations ,
Imports ,
International Trade ,
Logistics ,
Regulatory Burden ,
Regulatory Reform ,
Supply Chain ,
Tariffs ,
Transportation Industry ,
Trump Administration ,
US Trade Policies
Supply chain services have never been more important than they are today, even when compared to prior supply chain crises. The transportation and logistics sector, particularly trucking, stands at the epicenter of those...more
6/12/2025
/ Automotive Industry ,
China ,
Customs and Border Protection ,
Foreign Trade Zones ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
International Trade ,
Logistics ,
Supply Chain ,
Tariffs ,
Transportation Industry ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies ,
Warehouses
The White House issued a Fact Sheet and Proclamation addressing Section 232 tariff actions on February 10, 2025. These steps strengthen President Trump’s 2018 tariff actions on steel and aluminum imported into the United...more
6/11/2025
/ Aluminum Sales ,
Customs and Border Protection ,
Imports ,
International Trade ,
Presidential Proclamations ,
Section 232 ,
Steel Industry ,
Supply Chain ,
Tariffs ,
Trump Administration ,
US Trade Policies
On May 28th, 2025, the Court of International Trade issued a judgment striking down several of the worldwide tariffs imposed by President Trump in the first and second quarters of 2025. ...more
5/30/2025
/ Appeals ,
Canada ,
China ,
Constitutional Challenges ,
Court of International Trade ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Judicial Authority ,
Mexico ,
Permanent Injunctions ,
Tariffs ,
Trump Administration ,
US Trade Policies
President Trump announced plans to relax sanctions against Syria during his recent trip to the Middle East, where he visited with the country’s President, Ahmed al-Sharaa. ...more
5/28/2025
/ Bureau of Industry and Security (BIS) ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Foreign Relations ,
General Licenses ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
ITAR ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Regulatory Reform ,
Syria ,
Trump Administration ,
U.S. Treasury
Newly proposed tariffs and restrictions on China’s maritime, logistics, and shipbuilding practices were issued on April 17, 2025. The United States Trade Representative’s (“USTR”) Section 301 investigation found China holds...more
5/14/2025
/ China ,
Comment Period ,
Imports ,
Maritime Transport ,
Section 301 ,
Shipping ,
Supply Chain ,
Tariffs ,
Trade Policy ,
USTR ,
Vessels
Potential clarity on reciprocal tariff expectations may be emerging after framework trade deals announced with China and the United Kingdom. On May 12, 2025, the White House issued a Fact Sheet and Executive Order (“EO”)...more
5/14/2025
/ China ,
Customs and Border Protection ,
Executive Orders ,
Imports ,
International Trade ,
Retaliatory Tariffs ,
Tariffs ,
Trade Relations ,
Trump Administration ,
UK ,
US Trade Policies
The White House issued a new Executive Order (the “EO”) on April 29, 2025, regarding the potential for a “stacking” effect of its 25% Section 232 automobile and parts tariffs, the 25% tariff applicable to non-USMCA imports...more
5/5/2025
/ Aluminum Sales ,
Automotive Industry ,
Canada ,
Customs and Border Protection ,
Executive Orders ,
Imports ,
International Trade ,
Mexico ,
Section 232 ,
Steel Industry ,
Tariffs ,
Trump Administration ,
US Trade Policies
New tariffs and geopolitical challenges are forcing companies to confront 2025 head-on. For many, this is a fast-changing operating environment with higher costs. Being able to sort through all the noise to find the facts...more
Postal and de minims imports are ground zero for e-commerce, drug interdiction, customs duty evasion, and the geopolitical tensions between the United States and China. This type of international traffic lies squarely at the...more
Today the White House released written details for its modification of the “Reciprocal Tariff” program originally announced on April 2, 2025. This most recent Executive Order (the “E.O.”) issued on April 10, 2025, provides...more
4/11/2025
/ China ,
De Minimus Quantity Exemption ,
Executive Orders ,
Hong Kong ,
Imports ,
International Trade ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trade Relations ,
US Trade Policies
This article was originally published on April 3, 2025. On April 8, 2025 the White House published a new Executive Order announcing an increase of the reciprocal duties applicable to China as of April 9, 2025, and an increase...more
4/10/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Supply Chain ,
Tariffs ,
Trump Administration ,
US Trade Policies
President Trump has declared a national emergency due to the economic and national security risks posed by trade deficits. In response to this emergency, the President invoked the International Emergency Economic Powers Act...more
4/4/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Supply Chain ,
Tariffs ,
Trump Administration ,
US Trade Policies
Domestic U.S. shipping interests are closely monitoring a United States Trade Representative (“USTR”) proposal for import and export trades involving Chinese vessels. The proposal’s extraordinary service fees and restrictions...more
3/18/2025
/ China ,
Comment Period ,
Economic Sanctions ,
Exports ,
Fees ,
Imports ,
International Trade ,
Maritime Transport ,
National Security ,
NVOCCs ,
Section 301 ,
Shipping ,
Shipping Cargo ,
Supply Chain ,
Tariffs ,
USTR ,
Vessels
The threat of a looming trade war has left United States importers scrambling for tools to help ameliorate the impact of customs duties. In many ways we are entering a higher cost operating environment. ...more
3/10/2025
/ Customs and Border Protection ,
Exports ,
Foreign Trade Zones ,
Importers ,
Imports ,
International Trade ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trade Wars ,
U.S. Customs ,
US Trade Policies ,
Warehouses
The White House issued two recent Executive Orders and Fact Sheets directing the U.S. Department of Commerce (“Commerce”) to initiate investigations under Section 232 of the Trade Expansion Act of 1962 (each a “Section 232...more
3/5/2025
/ China ,
Executive Orders ,
Government Investigations ,
Imports ,
International Trade ,
National Security ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
U.S. Commerce Department
One week remains for clients to submit comments in response to review of potential reciprocal tariffs being conducted by the U.S. Trade Representative (“USTR”). Comments are due by March 11, 2025. The USTR solicited comments...more
3/5/2025
/ Comment Period ,
Exports ,
Imports ,
International Trade ,
Public Comment ,
Retaliatory Tariffs ,
Tariffs ,
Trade Relations ,
Unfair Trade Practices Act ,
US Trade Policies ,
USTR
The White House issued a Fact Sheet and Presidential Proclamation addressing Section 232 tariff actions on February 10, 2025. These steps strengthen President Trump’s 2018 tariff actions on steel and aluminum imported into...more
2/12/2025
/ Aluminum Sales ,
Customs and Border Protection ,
Executive Orders ,
Imports ,
International Trade ,
National Security ,
Presidential Proclamations ,
Section 232 ,
Steel Industry ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
Higher tariffs are coming for some domestic importers even before President-Elect Trump’s inauguration on January 20, 2025. Our team has been reporting throughout the year on the Biden Administration’s recent use of the...more
President-Elect Trump campaigned on the promise to increase tariffs on imports to the United States. Shortly after the election he announced significant tariffs on goods from the three largest trading partners: China, Mexico,...more
11/27/2024
/ Canada ,
China ,
Importers ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
Mexico ,
Section 301 ,
Supply Chain ,
Tariff Act of 1930 ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Relations ,
Trading with the Enemy Act ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
Combatting forced labor is growing from aspiration of company boards to a mission-critical focus impacting day-to-day operations. Companies with global footprints are not alone in witnessing acute compliance and reputational...more
11/6/2024
/ Compliance ,
Environmental Social & Governance (ESG) ,
EU ,
Forced Labor ,
Human Rights ,
Imports ,
Modern Slavery Act ,
Multinationals ,
Pending Legislation ,
Popular ,
Rebuttable Presumptions ,
Reputation Management ,
Risk Management ,
Supply Chain ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Withhold Release Orders (WROs)