Trade & TTIP Related

Chapter News, Trade & TTIP Related

EU Commission | State of the Union 2026

The State of the Union (SOTEU) address is an annual speech by the President of the European Commission to the European Parliament, setting the priorities for the Union for the year ahead. President Metsola, Prime Minister Carney, Honourable Members, ‘It was the best of times, it was the worst of times.' This is how Charles Dickens describes Europe in the days of the French Revolution. And it is also a fair description of the world we live in. The speed of change is incredible....

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Member News, News, Trade & TTIP Related

Barnes & Thornburg | IEEPA Tariff Refunds: Critical Developments, Phase III Delays, and Action Steps for Importers

Highlights IEEPA refunds are being processed under CAPE Phases I and II, but CAPE Phase III is temporarily delayed. CBP announced that it will begin to issue refunds for finally liquidated entries under CAPE Phase III, but only for importers that have filed a lawsuit at the Court of International Trade (CIT). Non-litigating importers with finally liquidated entries may face the greatest exposure. If the Federal Circuit sides with the Department of Justice on the universal refund order appeal,...

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Member News, News, Trade & TTIP Related

Troutman Pepper Locke | From Duties to Import Bans: President Trump Escalates Section 338 Actions Against Canadian Goods

Key Points President Trump signed five proclamations on September 8, 2026, under Section 338 of the Tariff Act of 1930, imposing outright import bans on specified Canadian alcoholic beverages, dairy products, and motorcycles effective September 29, 2026. Section 338(b) authorizes the president to exclude articles from importation when a foreign country has “maintained or increased” discrimination against U.S. commerce following an initial Section 338(a) proclamation. The Canadian Tariff Modification Proclamations, effective September 15, 2026, reverse the original non-stacking policy,...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Your Importer of Record Number Could Be Voided Starting September 18

IMPORTANT NOTICE: Beginning September 18, 2026, U.S. Customs and Border Protection will start voiding importer of record numbers when the data on file in CBP Form 5106 is inaccurate or incomplete. You cannot use a voided number on any entry, and CBP can stop merchandise at the port with no advance notice. This follows Executive Order 14411, signed in June 2026 to strengthen customs enforcement. Earlier this year, CBP deactivated roughly 4.8 million inactive importer accounts. The Form 5106 review...

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Chapter News, News, Trade & TTIP Related

European Commission | Gas Coordination Group: No Immediate Security of Supply Risk

Despite lower gas storage levels compared to previous years, the Member States and the Commission consider there is no immediate risk for security of gas supply in the EU. In a meeting of the Gas Coordination Group (GCG) this afternoon, experts from the Commission and Member States confirmed that while the situation on global energy markets remains exceptional and requires close monitoring, it also differs significantly from that of 2021/2022. Today, the EU is better prepared, thanks to increased...

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Chapter News, News, Trade & TTIP Related

European Council | EU Customs: Council Greenlights Landmark Reform

The Council today gave its final approval for an ambitious overhaul of the EU customs framework – the most comprehensive reform of its kind in decades. The updated legislation gives the Union a more modern toolbox and innovative new instruments to better facilitate global trade, especially in e-commerce, collect customs duties more efficiently and tighten controls on non-compliant, dangerous or unsafe goods. Managing the rise of e-commerce  The updated union customs code clarifies that non-EU e-commerce platforms will be considered the goods’ importer when selling into the EU and are therefore responsible for ensuring...

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Member News, News, Trade & TTIP Related

GDLSK | CBP Announces Enhanced Enforcement of IOR Requirements and Voiding of Importer Numbers for Inaccurate Form 5106 Information

U.S. Customs and Border Protection has issued a General Notice announcing enhanced enforcement procedures to verify the accuracy of information submitted on CBP Form 5106.  Significantly, the initiative applies not only to new importer applications, but also to the Form 5106 information already on file for existing importers.  The notice was published on August 19, 2026, and states that enforcement will begin 30 days after publication (September 18, 2026). Beginning on that date, CBP states that it will immediately void an...

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Member News, News, Trade & TTIP Related

Ogletree Deakins | Canada Announces $7.5 Billion Support Package for Tariff-Affected Employers

On August 25, 2026, the Canadian federal government announced a $7.5 billion package of new and enhanced measures to support workers and businesses impacted by the latest round of U.S. tariffs. This builds on nearly $25 billion in supports rolled out over the past eighteen months. For employers with Canadian operations, several of these measures have immediate workforce planning implications. Quick Hits On August 25, 2026, Canada announced new support programs to help employers impacted by the latest round of...

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Member News, News, Trade & TTIP Related

Jaguar Freight | Routes and Rates

In this week’s Roar: Record high port congestion, optimism in the Red Sea, rising air rates from Asia to the EU, contrasting East Coast to West Coast rates, and unpredictable lead times for South American importers. In conditions reminiscent of the pandemic, port congestion has hit a record high, with 4.31 million TEU of container capacity stranded around the globe. The situation has worsened due to delays in Asia and Europe and longer routes around Africa, which have also helped...

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Member News, News, Trade & TTIP Related

Thompson Hine | United States Implements 50% Tariffs on Canada; Canada Responds with Matching Retaliatory Tariffs

On August 21, 2026, trade negotiations between the United States and Canada faltered and the parties, for now, have ceased further negotiations. As a result, the United States has implemented 50% tariffs on a broad range of Canadian products under Section 338 of the Tariff Act of 1930. First announced on July 20, 2026 (see SmarTrade update of July 21, 2026), when President Donald Trump signed three Presidential Proclamations imposing these additional, implementation of these tariffs was delayed until August 22,...

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