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Trade News
Trade News
08
Jan
U.S. Customs and Border Protection (CBP) has issued an interim final rule (the Rule) that will fundamentally change how customs refunds are paid. Effective February 6, 2026, CBP will, with limited exceptions, stop issuing paper refund checks and instead pay all refunds electronically via Automated Clearing House (ACH). The Rule implements federal law requiring electronic federal payments and aligns with Executive Order 14247, which requires that all federal payments and collections move away from paper checks and be conducted electronically. Comments...
02
Jan
Trade & Logistics Headlines for Q1 2026: Changing Trade Lanes, Red Sea Opening, & Tariff Uncertainty Remains
Global Ports
The Headlines: Global ports will be navigating a volatile start to the year as shifting trade imbalances and uneven demand reshape global cargo flows. 2025 closed with news of China’s expanding trade surplus, with an expected result being growing equipment imbalances and other network inefficiencies. At the same time, global trade is reaching record value levels, but growth momentum is slowing, putting...
17
Dec
Tariffs and trade disruptions dominated headlines in 2025. European firms rely heavily on global trade – it represents about half of EU output. Despite that, European businesses are not radically overhauling their globalised approach. Instead, they are investing to make their supply chains more efficient and resilient.
US firms are a different story. While they rely less on global trade (it represents roughly one-quarter of output), new tariffs caused them to reduce imports and diversify the countries they import from....
16
Dec
The Court of International Trade issued a decision today in the pending IEEPA litigation holding that liquidation of an entry will not bar the Court from granting refunds in the event IEEPA Tariffs are found to be unlawful by the U.S. Supreme Court in V.O.S. Selections, Inc. v. Trump, 149 F.4th 1312 (Fed. Cir. 2025), cert. granted, No. 25-250, 2025 WL 2601020 (U.S. Sept. 9, 2025). The decision, Slip Op. 25-154 in AGS Company Automotive Solutions, et al., v. United States, No. 25-00255, concluded...
15
Dec
In this week’s Roar: Record global container volumes, China warns of tariff harm, global trade resilience in 2025, dropping diesel prices, and leadership in the supply chain.
Despite plummeting US imports in 2025, global container volumes set new records as China’s exports surged to new highs by redirecting cargo to Europe, Intra-Asia, and emerging markets. Trade flows didn’t sink, they shifted. US-bound shipments fell nearly 30%, but soaring exports to the EU, Australia, and ASEAN offset any loss. The result? It could...
12
Dec
The Commission welcomes today's decision by EU Member States to introduce a €3 customs duty per item on e-commerce parcels valued below €150, starting in July 2026. The new duty will help protect the competitiveness of European businesses by levelling the playing field between e-commerce and traditional retail.
Given the rapid increase in e-commerce goods being imported into the EU, the Commission and Member States have together acknowledged the need for an urgent solution, which will bridge the gap until the setting up of the EU Customs Data Hub in 2028, as part of the EU customs reform.
The Council and the Commission are working to enable the implementation of...
10
Dec
Artificial intelligence (AI) has dramatically expanded the toolkit available for reverse engineering, and in-house counsel might wish to take note. Reverse engineering is the process of discovering otherwise nonpublic information about a product by examining the public-facing product. Reverse engineering has always presented a risk, but rapidly-evolving technology is expanding the scope of what can be reverse-engineered. Now, AI enables reverse engineering in previously-impossible ways. What once required specialized expertise and significant time investment can now be accomplished in...
09
Dec
As we await a Supreme Court ruling on the validity of the tariffs, the Court of International Trade is seeing a wave of protective lawsuits.
A growing number of companies — following the lead of Costco — are filing protective lawsuits in the U.S. Court of International Trade (CIT) to preserve their right to refunds if the Supreme Court strikes down the Trump administration's emergency-based tariffs.
If your company paid tariffs International Emergency Economic Powers Act (IEEPA) in 2025, you should...
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