By Ian Hunter, Director, OCO Global What just happened? On 28 May, the US Court of International Trade (CIT) issued a permanent injunction blocking President Trump’s recently imposed “Liberation Day” tariffs – a 10% across-the-board levy on all imported goods and higher “reciprocal” rates for specific trading partners. The court ruled that the administration had exceeded its authority under the International Emergency Economic Powers Act (IEEPA). In clear terms, the judges reaffirmed that Congress – not the White House – controls taxation on imports. Importantly, this ruling did not impact sector-specific tariffs previously...

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IMPORTANT TARIFF UPDATE - (5/29) The Court of International Trade has issued a joint decision, ruling that the International Emergency Economic Powers Act (IEEPA) does not authorize many of the new tariffs imposed by way of executive order. As a result, on May 28 the Court ordered that the directives imposing these tariffs be vacated and permanently enjoined. The court has issued a permanent injunction which means the tariffs cannot be collected or enforced unless the ruling is stayed or reversed....

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By Noa Sussman, Director of Global Solutions, TECEX Global trade isn’t just about free trade agreements or currency fluctuations anymore. While those factors still matter, a quieter — and often underestimated — force is reshaping how companies produce, move, and sell their goods across borders: taxes. Not the headline-makers like corporate income tax or capital gains. I’m talking about the less glamorous but increasingly powerful trio: VAT (Value Added Tax), tariffs, and duties. These tools, once left to compliance teams and customs...

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