On March 4, the U.S. Court of International Trade (CIT) issued an order (the CIT Order) directing U.S. Customs and Border Protection (CBP) to disregard tariffs imposed under the International Emergency Economic Powers Act...more
3/6/2026
/ Appeals ,
Constitutional Challenges ,
Court of International Trade ,
Customs and Border Protection ,
International Emergency Economic Powers Act (IEEPA) ,
Lack of Authority ,
Learning Resources Inc v Trump ,
Refunds ,
SCOTUS ,
Tariffs ,
Trade Relations ,
Trump Administration ,
Trump v VOS Selections ,
US Trade Policies
Guilty pleas by a now defunct crypto exchange and its co-founder and former chief technology officer (CTO), along with the recent arrest of its other co-founder and former chief executive officer (CEO) in the Eastern District...more
3/3/2026
/ Anti-Money Laundering ,
BSA/AML ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
Financial Crimes ,
FinCEN ,
Guilty Pleas ,
Money Laundering ,
White Collar Crimes
While the U.S. Supreme Court’s recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act (IEEPA) resolves one legal issue, it has left unresolved another set of legal issues that will...more
3/3/2026
/ Commercial Contracts ,
Constitutional Challenges ,
Contract Disputes ,
Corporate Counsel ,
Customs and Border Protection ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Refunds ,
Supply Chain ,
Tariffs ,
Trump Administration ,
Uniform Commercial Code (UCC) ,
Unjust Enrichment
On February 20, the Supreme Court of the United States held that the president lacks authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision invalidates duties imposed pursuant...more
2/25/2026
/ Constitutional Challenges ,
Court of International Trade ,
Customs and Border Protection ,
Executive Orders ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
Learning Resources Inc v Trump ,
SCOTUS ,
Section 232 ,
Section 301 ,
Statutory Interpretation ,
Tariffs ,
Trade Act of 1974 ,
Trade Expansion Act of 1962 ,
Trump Administration ,
Trump v VOS Selections
The U.S. Trade Representative (USTR) recently announced three major trade and economic initiatives that the administration describes as part of a broader strategy to address large and persistent U.S. trade deficits, concerns...more
2/23/2026
/ El Salvador ,
Export Controls ,
Exports ,
Guatemala ,
Mexico ,
Minerals ,
Supply Chain ,
Tariffs ,
Trade Relations ,
US Trade Policies ,
USTR
FinCEN has issued an order granting exceptive relief from the longstanding requirement that covered financial institutions (CFIs) identify and verify the beneficial owners of legal entity customers every time a new account is...more
2/19/2026
/ AML/CFT ,
Anti-Money Laundering ,
Bank Secrecy Act ,
Beneficial Owner ,
BSA/AML ,
Corporate Transparency Act ,
Customer Due Diligence (CDD) ,
FinCEN ,
New Guidance ,
Regulatory Requirements ,
Risk Management
On February 6, 2026, the president issued Executive Order 14384 (the Order), rescinding the additional 25% ad valorem duties imposed on imports of Indian-origin goods under Executive Order 14329. This modification applies to...more
U.S. Customs and Border Protection (CBP) has significantly intensified its enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) since the law took effect in June 2022. CBP’s public dashboard and related reporting...more
2/3/2026
/ Batteries ,
China ,
Customs and Border Protection ,
Due Diligence ,
Electric Vehicles ,
Energy Storage ,
Enforcement Actions ,
Forced Labor ,
Imports ,
International Trade ,
Supply Chain ,
Uyghur Forced Labor Prevention Act (UFLPA)
On January 14, President Trump issued two proclamations under Section 232 of the Trade Expansion Act of 1962 (Section 232) addressing national security risks associated with imports of processed critical minerals and...more
1/16/2026
/ Bureau of Industry and Security (BIS) ,
Imports ,
International Trade ,
Mineral Extraction ,
Minerals ,
National Security ,
Presidential Proclamations ,
Section 232 ,
Semiconductors ,
Supply Chain ,
Tariffs ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies
On December 31, 2025, President Donald Trump issued a proclamation (the amendment), delaying the increase in tariffs for certain finished wood products until January 1, 2027. The amendment modifies Proclamation 10976, which...more
1/13/2026
/ Exports ,
Imports ,
International Trade ,
Lumber Industry ,
National Security ,
Presidential Proclamations ,
Section 232 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On January 7, the U.S. Department of Energy (DOE) announced a significant shift in the U.S. government’s approach to Venezuela’s oil sector, pairing targeted sanctions relief with a U.S.-directed framework for the marketing...more
U.S. Customs and Border Protection (CBP) has issued an interim final rule (the Rule) that will fundamentally change how customs refunds are paid. Effective February 6, 2026, CBP will, with limited exceptions, stop issuing...more
In the wake of Nicolás Maduro’s capture and transfer to the United States for prosecution on drug‑trafficking–related charges, senior U.S. officials have made clear that Venezuela‑related sanctions will remain in place for...more
1/13/2026
/ Cartels ,
Compliance ,
Corporate Counsel ,
Drug Trafficking ,
Due Diligence ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Foreign Policy ,
General Licenses ,
International Trade ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Risk Management ,
Secondary Sanctions ,
Shipping ,
U.S. Treasury ,
Venezuela
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced an $11.5 million settlement of an enforcement action against a U.S.-based private equity and infrastructure investment firm (the...more
1/8/2026
/ Beneficial Owner ,
Blocking Sanctions ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Investment Funds ,
Office of Foreign Assets Control (OFAC) ,
Private Equity Firms ,
Private Equity Funds ,
Risk Assessment ,
Risk Management ,
Trusts ,
U.S. Treasury
On December 15, 2025, the U.S. Court of International Trade (USCIT) issued a decision in AGS Company Automotive Solutions et al. v. United States, Slip Op. 25-154, addressing how importers can preserve their rights to recover...more
12/23/2025
/ Appellate Courts ,
Constitutional Challenges ,
Corporate Counsel ,
Court of International Trade ,
Customs and Border Protection ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Jurisdiction ,
Litigation Strategies ,
SCOTUS ,
Statute of Limitations ,
Tariffs
A major U.S.-based importer recently filed suit in the U.S. Court of International Trade (CIT) to preserve its ability to recover tariffs imposed under the International Emergency Economic Powers Act (IEEPA) that it has...more
12/16/2025
/ Constitutional Challenges ,
Court of International Trade ,
Customs and Border Protection ,
Filing Deadlines ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Liquidation ,
Pending Litigation ,
Protests ,
Refunds ,
SCOTUS ,
Statutory Interpretation ,
Tariffs ,
US Trade Policies
On November 14, President Trump issued an executive order, “Modifying the Scope of the Reciprocal Tariff with Respect to Certain Agricultural Products,” (the Order), narrowing the scope of the “reciprocal tariffs” to exempt...more
12/1/2025
/ Agribusiness ,
Agricultural Sector ,
Brazil ,
Customs and Border Protection ,
Executive Orders ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Most-Favored Nations ,
Popular ,
Tariffs ,
Trade Agreements ,
Trump Administration ,
US Trade Policies
On November 4, President Trump issued two executive orders that: (1) continued the 10% baseline reciprocal tariff rate on certain Chinese-origin imports into the U.S. until November 10, 2026; and (2) reduced from 20% to 10%...more
11/18/2025
/ China ,
Constitutional Challenges ,
Executive Orders ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Popular ,
Retaliatory Tariffs ,
SCOTUS ,
Section 301 ,
Statutory Interpretation ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On October 17, President Trump issued a proclamation, “Adjusting Imports of Medium- and Heavy-Duty Vehicles, Medium- and Heavy- Duty Vehicle Parts, and Buses into the United States” (the Proclamation), under Section 232 of...more
10/23/2025
/ Customs and Border Protection ,
Heavy Equipment ,
Industrial Sector ,
National Security ,
Section 232 ,
Tariffs ,
Trucking Industry ,
Trump Administration ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
On September 29, the White House issued a proclamation (Proclamation) invoking Section 232 of the Trade Expansion Act (Act) to impose tariffs on certain imports of timber, lumber, and derivative wood products into the United...more
10/8/2025
/ Ad Valorem Tax ,
Construction Project ,
Goods or Services ,
Imports ,
Material Suppliers ,
National Security ,
Presidential Proclamations ,
Real Estate Development ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
U.S. Commerce Department ,
Unfair or Deceptive Trade Practices ,
US Trade Policies
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) recently implemented the long-anticipated 50% ownership standard (or Affiliates Rule) to extend the licensing requirements under the Export...more
10/6/2025
/ Affiliates ,
Bureau of Industry and Security (BIS) ,
CFIUS ,
Due Diligence ,
Economic Sanctions ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Entities ,
License Applications ,
Military End Use ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
U.S. Commerce Department
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has launched a Section 232 national security investigation into imports of personal protective equipment (PPE), medical consumables, and medical...more
10/1/2025
/ Bureau of Industry and Security (BIS) ,
Healthcare ,
Medical Devices ,
National Security ,
Personal Protective Equipment ,
Pharmaceutical Industry ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
U.S. Commerce Department ,
US Trade Policies
On September 4, President Donald Trump signed the executive order “Implementing the United States-Japan Agreement” (the Agreement), which clarifies the bilateral trade agreement framework announced on July 23....more
10/1/2025
/ Critical Infrastructure Sectors ,
Customs and Border Protection ,
Executive Orders ,
Foreign Policy ,
Foreign Relations ,
Harmonized Tariff Schedule of the United States (HTSUS) ,
Imports ,
Japan ,
Motor Vehicles ,
Section 232 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
The Forced Labor Enforcement Task Force (FLETF), an interagency task force that includes the U.S. Department of Homeland Security (DHS), the Office of the U.S. Trade Representative, and the U.S. Departments of Labor, State,...more
9/24/2025
/ China ,
Customs and Border Protection ,
Department of Homeland Security (DHS) ,
Department of Justice (DOJ) ,
Department of Labor (DOL) ,
Due Diligence ,
Enforcement Actions ,
Entity List ,
Forced Labor ,
Goods or Services ,
Importers ,
Imports ,
Risk Management ,
Supply Chain ,
U.S. Commerce Department ,
U.S. Treasury ,
US Trade Policies ,
USTR ,
Uyghur Forced Labor Prevention Act (UFLPA)
On September 5, President Trump signed an executive order introducing new exemptions (and removing other exemptions) to reciprocal tariffs, while also setting out a new framework that aims to promote the conclusion of more...more
9/10/2025
/ Customs and Border Protection ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
National Security ,
Section 232 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies