Policy changes, enforcement actions, and trade agreement updates for US importers.
The April 20 launch of the U.S. tariff refund process turned the Supreme Court's IEEPA decision into an operational scramble, with importers, retailers, and customs teams moving quickly to reclaim duties while Section 122 and other tariffs remain in force.
Read more →
A new private lawsuit is challenging the 10% global import surcharge imposed under Section 122, raising fresh uncertainty around the tariff layer currently affecting many U.S. imports.
Read more →
The Supreme Court ruled that IEEPA does not authorize the president to impose sweeping tariffs, a major blow to one of the administration's most aggressive trade tools. But for importers, this is not a clean reset: refund questions remain open, and new tariff action under different statutes is still very much on the table.
Read more →
The Federal Reserve held interest rates unchanged on March 18, with Chair Powell noting that tariffs account for between half and three-quarters of the overshoot above the 2% inflation target. The Fed projects one rate cut this year as it waits for tariff-driven price increases to fade.
Read more →
The Trade Facilitation and Trade Enforcement Act amendments to Section 321 de minimis rules took effect January 1, 2026, excluding all goods subject to Section 301 tariffs from de minimis treatment. The change affects e-commerce importers and direct-to-consumer cross-border shipments from China.
Read more →