Member News

Member News
17
Mar
After weeks of talk, new tariffs on steel and aluminum imports went into effect on March 12 at 25% on steel and 10% on aluminum. In return, Canada announced C$29.8 billion in counter-tariffs on American goods, and the EU is planning retaliatory measures up to €26 billion on U.S. exports. The escalating conflict has raised concerns among businesses and investors about potential economic instability, with fears of disruptions in supply chains and a broader impact on global markets.
President Trump has reignited...
14
Mar
IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...
14
Mar
European Commission presents Critical Medicines Act to tackle drug shortages
On Tuesday, 11 March, European Commissioner for Health and Animal Welfare Olivér Várhelyi introduced the Critical Medicines Act (CMA), sharing that the proposal is needed to ensure the security of supply and availability of essential medicines in Europe. Várhelyi highlighted that the Act builds on the work of the Critical Medicines Alliance and will have a positive impact on EU competitiveness by creating a more stable and predictable market.
The Act was initially mentioned in European...
13
Mar
On 11 March 2025, the EU Council has reached political agreement regarding the proposed amendment to the Directive on Administrative Cooperation to facilitate the filing and exchanging of Pillar Two-related information in the EU (known as DAC9). DAC9 should now be formally adopted by the EU Council and published in the Official Journal of the EU. Once adopted, DAC9 would have to be implemented into national law of EU Member States by 31 December 2025, i.e., six months prior...
12
Mar
In a recent ruling, the U.S. Court of Appeals for the Federal Circuit upended years of settled law and ruled that sales and marketing expenses, by themselves, can be the basis for a finding of domestic industry in an International Trade Commission (ITC) enforcement action. This decision will make the ITC available to U.S. IP owners who import their goods from overseas and do not have a manufacturing base in the U.S.
Lashify, Inc., a U.S.-based company that distributes, markets,...
11
Mar
President Trump addressed a joint session of Congress on Tuesday, making it clear that he intends to continue the course he set when he took office on January 20. He reaffirmed broad-based tax cuts, increased tariffs, deregulation of US business, increased domestic energy production, along with maintaining America’s leadership in artificial intelligence (AI) and other critical technologies. He praised the work of the Department of Government Efficiency (DOGE) for cutting the size of government, the new measures to restrict...
10
Mar
Tariffs remain the most important story in supply chain. Last week was full of changes and new announcements – click here for an update by Jaguar Freight.
Hong Kong-based CK Hutchison Holdings recently announced its intent to sell a 90% stake in the Panama Ports Company, raising concerns about escalating US pressure on Chinese investments. The US has been actively working to limit China’s global influence, such as its Belt and Road Initiative and its control over critical assets like the Panama Canal. The...
07
Mar
The tariff landscape for importers remains fluid as new duties on Mexico, Canada, and China took effect this week, with additional announcements made. Here’s the latest on key developments.
Mexico & Canada:
The previously suspended 25% tariffs on Mexico and Canada were reinstated Tuesday, with an amendment (click to read) taking effect at 12:01 AM today.
The details of tariff enforcement are becoming complicated. For example, any Mexican or Canadian origin goods that qualify for free entry under the USMCA will NOT...
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