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Trade News
Trade News
09
Jan
The Council today adopted two decisions authorising the signature of the EU-Mercosur Partnership Agreement (EMPA) and of the Interim Trade Agreement (iTA) between the EU and Mercosur.
Together, these agreements mark an important milestone in the EU’s long-standing relationship with Mercosur partners – Argentina, Brazil, Paraguay and Uruguay. Once in force, they will establish a framework for political dialogue, cooperation and trade relations within a modernised and comprehensive partnership.
The agreements will require the consent of the European Parliament before they can be formally concluded by...
09
Jan
January 9, 2026
As we ring in the new year, we want to make you aware of key issues affecting consumers that we expect lawmakers and regulators to focus on over the next 12 months. Below are the top transatlantic consumer protection issues to watch out for in 2026:
Regulators will actively enforce laws that apply to subscription services. The Federal Trade Commission (FTC) may propose a new Negative Option Rule, and detailed rules governing subscription services will come into...
09
Jan
Key Takeaways:
Hundreds of new cases have been filed at the U.S. Court of International Trade (“CIT”) since the November 5, 2025 oral arguments at the U.S. Supreme Court (“SCOTUS”) in the appeal challenging the legality of the International Emergency Economic Powers Act (“IEEPA”) as the statutory authority to impose tariffs and seeking to preserve potential refund rights for IEEPA-based tariffs paid by the plaintiffs.
On December 15, 2025, the CIT denied a motion for a preliminary injunction seeking...
08
Jan
Highlights
Department of Justice (DOJ) enforcement of tariff and customs compliance is accelerating. Recent criminal charges, corporate resolutions, and False Claims Act (FCA) settlements show coordinated civil and criminal scrutiny of tariff evasion, false country of origin claims, and transshipment practices.
Financial and personal exposure is significant. Companies face large civil penalties and settlements, while executives and employees may be subject to individual criminal liability. Whistleblower driven cases continue to play a major role in enforcement.
Strong compliance and...
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...
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