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Member News
Member News
07
Apr
On April 2, President Trump issued a proclamation titled “Strengthening Actions Taken to Adjust Imports of Aluminum, Steel, and Copper into the United States” (the Proclamation) under Section 232 of the Trade Expansion Act of 1962 (Section 232). The Proclamation substantially increases Section 232 tariff rates on many aluminum, steel, and copper products, shifts to applying those tariffs to the full customs value of covered imports, restructures which products are covered through new annexes to the Harmonized Tariff Schedule of the...
06
Apr
A practical guide for European business owners and advisers pursuing U.S. acquisition-led growth
Audience: European business owners and advisers evaluating U.S. acquisitions. Focus: how private debt can improve execution certainty, flexibility, and post-closing capacity.
Why Private Debt Matters in U.S. Acquisitions
For many middle-market European companies, acquisition-led expansion into the United States is strategically attractive. The U.S. offers scale, sector depth, a large target universe, and the ability to build a meaningful market position faster than through organic growth alone.
Too often...
06
Apr
In this week’s Roar: Tariff refunds are beginning, global fuel is climbing, China and the Panama Canal, the seafarers stranded in the Middle East, and a surge in global air cargo demand.
As a quick trade update, note that announcements were made last week impacting some metals and pharmaceutical tariffs. Click to read the Metals Fact Sheet and the Executive Order pertaining to Pharmaceuticals.
It’s no longer a matter of if… only when. Finally, the CBP says it will begin refunding tariffs collected under the International Emergency...
02
Apr
On March 26, 2026, the U.S. Department of Labor (DOL) issued a notice of proposed rulemaking (NPRM) that proposes significant changes related to how prevailing wages are calculated for employers seeking to hire foreign workers under H-1B, H-1B1, and E-3 visa statuses, as well as permanent labor certification under PERM for EB-2 and EB-3 employment-based immigrant visa programs.
Quick Hits
The DOL issued an NPRM that would require significantly higher wages for foreign workers using H-1B, H-1B, and E-3 visas,...
02
Apr
In brief
What happened?
Despite extensive negotiations at the World Trade Organization’s (WTO) 14th Ministerial Conference (MC14) held in Cameroon between 26-30 March 2026, Members failed to reach agreement on extending the moratorium on customs duties on electronic transmissions. The moratorium has now expired, as of 30 March 2026. The moratorium had been in place since 1998, preventing WTO Members from imposing customs duties on digitally delivered products such as software, audiovisual content, and other electronic transmissions. In parallel, 66 WTO...
02
Apr
This article outlines the Net Zero Industry Act’s scope, key regulatory and procurement measures, and what businesses should keep in mind as they prepare.
In this article, we outline the scope of the Net Zero Industry Act, highlight its key regulatory and procurement measures, and explain what businesses should consider as they plan for its impact.
The European Union (EU) continues to accelerate its transition to a climate neutral economy, with the Net Zero Industry Act (NZIA) considered a central legislative component of this initiative. Emerging...
01
Apr
Key insights
IEEPA tariffs have been ruled unlawful and collections have stopped, but the broader tariff environment remains fluid as replacement tariffs and new trade actions emerge.
Refunds are expected, but they won’t be automatic — importers must take affirmative steps in CBP’s ACE system (including electronic refund setup) to receive payment.
Companies should plan for related interest, accounting/tax impacts, and potential downstream or transfer‑pricing analysis.
Tariffs have been a major cost — and headache — for importers since they were...
01
Apr
Welcome to the latest edition of the Stephenson Harwood Data and Cyber Update, covering the key developments in data protection and cyber security law in March 2026.
In data regulation news, the UK government publishes its long-awaited Copyright and Artificial Intelligence report and impact assessment, and the European Data Protection Board and European Data Protection Supervisor issue a joint Opinion on the European Biotech Act proposal.
In cybersecurity news, the European Commission publishes draft guidance on the Cyber Resilience Act, Companies...
Other Chapter News
