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New Reciprocal Tariff Rates Announced, but the Real Risk Is Hidden: Transshipment Enforcement Now Comes With an Additional 40%...

On July 31, 2025, President Trump issued a new Executive Order modifying the reciprocal 10% global tariff introduced earlier this year. The revised rates impose differentiated tariffs by country, ranging from 10% to over 40%....more

FDIC Reverses Position on the Constitutionality of In-House Administrative Law Judges

After several Supreme Court decisions and Executive Orders upended many of the norms governing the relationship between governmental agencies and the constitutional branches, a recent decision by the Federal Deposit Insurance...more

The Corporate Transparency Act Update: A Reprieve for American Businesses?

In another twist as to the future of the Corporate Transparency Act’s (CTA) implementation and judicial intervention, on February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not be...more

Reevaluating the Foreign Corrupt Practices Act Enforcement: A New Paradigm

On February 10, 2025, President Trump signed an Executive Order (E.O.) directing a shift in the enforcement of the Foreign Corrupt Practices Act (FCPA). The order effectively pauses new FCPA investigations and enforcement...more

FARA's Pendulum: Shifts in Foreign Agent Regulation

On her first day in office, Attorney General Pamela Bondi issued a memorandum signaling a significant shift in the Department of Justice’s (DOJ) approach to Foreign Agents Registration Act (FARA) enforcement. The memorandum...more

Consumer-Protection Federalism: The CFPB’s Latest Guidance

Just days before the inauguration, the Consumer Financial Protection Bureau (the CFPB) issued guidance to states in a report titled, “Strengthening State-Level Consumer Protections: Promoting Consumer Protection Federalism.”...more

U.S. Supreme Court Reins in Agency Enforcement Powers

At the end of its most recent term, the U.S. Supreme Court took aim at the Securities and Exchange Commission’s internal enforcement mechanism, heavily curtailing the ability of the SEC to self-enforce violations of our...more

Global Connection - January 2018

Dear Friend of Snell & Wilmer: The past year brought significant changes across a variety of political, legal, and policy spheres, and the world of U.S. international trade law was no exception. This edition of the...more

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