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Trade News
Trade News
24
Jul
On July 23, 2026, the Office of the U.S. Trade Representative (USTR) announced in a Notice of Action its final action in the Section 301 investigation of 60 economies for “their failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.” Under Section 301 of the Tariff Act of 1974, the USTR has made the following determinations:
10 percent is the appropriate rate of Section 301 duties for investigated economies that (i) impose a...
21
Jul
Key Points
On July 20, 2026, President Trump invoked Section 338 of the Tariff Act of 1930 to impose 50% ad valorem tariffs on three categories of Canadian-origin goods — alcohol, dairy, and a broad range of non-automotive products — effective August 19, 2026.
Unlike Section 122 of the Trade Act of 1974, Section 338 carries no fixed expiration date, leaving these tariffs in effect indefinitely unless the president acts to modify or terminate them.
Products otherwise eligible for...
20
Jul
In this week’s Roar: Jumping diesel prices, fragmentation of U.S. tariffs, East Asia’s ongoing dominance, a surge in global air cargo demand, and the impact of constantly reevaluating supply chains.
After falling for nine weeks in a row, the U.S. national average for diesel jumped to $4.796 per gallon, up $1.058 in its first increase since May. We can thank the latest flare-up in the ongoing Middle East tensions, which have again pushed oil prices higher. The recent bombings and strong rhetoric...
20
Jul
Enforcement Milestone Marks Strategic Pivot from Administrative Fines to Criminal and Civil Accountability Across the Global Supply Chain
The Department of Justice announced today that the Trade Fraud Task Force (TFTF), launched in August 2025, with the Department of Homeland Security (DHS) has surpassed $1 billion in civil and criminal recoveries, penalties, forfeitures, and publicly charged losses in less than one year This milestone reflects a fundamental shift in the federal government’s approach to customs and trade enforcement, emphasizing rigorous...
13
Jul
Retail, manufacturing, and apparel trade groups are pushing for the preservation of the USMCA trade agreement. They’re highlighting the huge role it plays in North American supply chains, job creation, and economic stability. They’re clear that they still back the annual review process, but they’re also warning that maintaining duty-free trade and the framework of the pact is essential if the three countries want to prevent disruptions, protect investment, and ensure long-term growth for regional industries.
The Logistics Managers Index...
09
Jul
WASHINGTON – The Office of the United States Trade Representative (USTR) will hold public hearings starting on Tuesday, July 7 and continuing through Thursday, July 9, regarding proposed responsive action in the Section 301 investigations of the acts, policies, and practices, of 60 economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.
The hearings will be held at the U.S. International Trade Commission (500 E Street SW, Washington, DC)...
06
Jul
Long list of downstream products added to carbon border adjustment mechanism (CBAM)
Tougher anti-circumvention rules to prevent abuse
A temporary decarbonisation fund to protect EU firms in export markets
Environment Committee MEPs have backed extending the EU's carbon border adjustment mechanism to downstream goods and setting up a fund to support industry's low-carbon transition.
The Committee on the Environment, Climate and Food Safety adopted its position on proposed changes to the CBAM by 56 to 11, with 12 abstentions.
The MEPs...
06
Jul
Key Points
Plaintiffs in V.O.S. Selections, Inc. v. Trump moved to certify a mandatory class under Rule 23(b)(2) covering all importers whose IEEPA tariff refund claims remain ineligible for processing through the government’s CAPE program.
The U.S. Supreme Court held in Learning Resources, Inc. v. Trump that IEEPA does not authorize the president to impose tariffs, requiring the government to process and pay refunds with interest on all affected entries.
The government has limited CAPE to entries liquidated within the preceding 90 days,...