Hot Topics in International Trade - What it means to believe
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Upping Your Game: Crowd - Sourcing Risk Management Intelligence with AI
In a landmark ruling, the U.S. Court of Appeals for the Federal Circuit has affirmed that the President lacks authority under the International Emergency Economic Powers Act (IEEPA) to unilaterally impose tariffs on imports. ...more
Some still believe that the reciprocal tariffs imposed by the Trump Administration are paid by the exporting country. The fact is, US companies pay those tariffs since the IOR Importer of Record is responsible for the...more
On August 15, 2025, the Commerce Department’s Bureau of Industry and Security (“BIS”) added 407 Harmonized Tariff Schedule of the United States (“HTSUS”) codes to the list of steel and aluminum derivative products covered by...more
Seven months into President Donald Trump’s second administration, a new trade paradigm is emerging that presents challenges for everyone involved in bringing products into the United States. ...more
On July 31, 2025, President Trump signed an Executive Order (“E.O.”) modifying reciprocal tariffs that became effective on August 7, 2025. Some aspects of the impact are well understood such as increased tariff burden on...more
For decades, supply chain planning, sourcing decisions, and landed cost analysis relied on stable and predictable duties and tariffs, along with carefully crafted and well implemented trade agreements such as USMCA. ...more
Supply chain and compliance professionals now have some clarity on the landed cost of imported goods and compliance obligations. The White House announced a new Executive Order on the evening of July 31, 2025, that modifies...more
Last week, two federal courts struck down sweeping tariffs that the Trump Administration had recently imposed under the International Emergency Economic Powers Act (IEEPA). ...more
As the business community adjusts to the reality of the Trump Administration’s sweeping new tariff regime, importers and other organizations that rely on imports should be mindful that with the expansion and sharp increases...more
Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity.1 Put more simply, we must sell more...more
On Thursday, February 13, 2025, President Trump signed a memorandum entitled “Reciprocal Trade and Tariffs.” The memorandum stopped well short of immediately imposing a tariff regime and instead directs the Secretary of...more
Significant changes are expected at the Federal Maritime Commission (FMC), the bipartisan body tasked with regulating the U.S. international ocean transportation system for the benefit of U.S. exporters, importers and...more
Key Points - - President-elect Trump’s tariff threats have created considerable uncertainty for importers and U.S. businesses relying on imports. - The incoming president could impose 25% tariffs on Canada and Mexico, and...more