UPDATE: CIT Pauses Order on Immediate IEEPA Tariff Refunds On March 6, the Court of International Trade (CIT) temporarily suspended its order requiring U.S. Customs and Border Protection (CBP) to immediately issue refunds for tariffs imposed under the International Emergency…
UPDATE: The U.S. Court of Appeals for the Federal Circuit on March 2 granted a motion for the immediate issuance of its mandates in the lead cases challenging tariffs imposed under the International Emergency Economic Powers Act (IEEPA)over the objection…
Update: President Trump today issued an executive order effectively ending the IEEPA reciprocal tariffs “as soon as practicable” while keeping the current suspension of de minimus in place. A Presidential proclamation was also issued today to implement a 10% across…
A bipartisan pair of senators are seeking to eliminate a long-standing customs valuation practice that allows some importers to lower their duty bills. Members of the Senate Finance Committee — Bill Cassidy (R-La.) and Sheldon Whitehouse (D-R.I.) — have introduced…
The United States and Taiwan have taken a significant step toward deepening their economic partnership with a new reciprocal trade agreement signed on February 12. Jamieson Greer, U.S. Trade Representative, and Li-chiun Cheng, Taiwan’s Vice Premier, formalized the deal, which…
In a recent announcement, President Donald Trump shared on social media that following a conversation with Indian Prime Minister Narendra Modi, the U.S. has decided to significantly reduce the tariffs imposed on India. The reciprocal tariffs, which had previously been…
President Donald Trump has issued an executive order declaring Cuba an “unusual and extraordinary threat” to U.S. national security and foreign policy, triggering a new tariff mechanism with potentially broad supply-chain implications. Using authority under the International Emergency Economic Powers…
On January 26, President Donald Trump took to Truth Social to announce that he would be raising tariffs on imports from South Korea, including automobiles, lumber, pharmaceuticals, and other goods. The tariffs, which were previously set at 15%, will now…
President Donald Trump issued a sharp warning to Canada on Saturday, January 24, signaling potential economic consequences if Ottawa moves forward with a trade agreement involving China. In a post shared on Truth Social, Trump said he would pursue a…
BREAKING UPDATE: Trump removes tariff threat related to Greenland based on constructive meeting with Secretary General of NATO, per social media post. Tariffs that were to become effective on February 1st, will not be imposed. President Donald Trump stated on…