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Archive for the ‘United States’ Category

U.S. Importers Poised for Record Tariff Refunds as CBP Nearly Doubles Claim Ceiling to $85 Billion

News, Tarrifs, United States

June 1, 2026

U.S. Customs and Border Protection (CBP) has significantly increased the ceiling on accepted tariff refund claims, nearly doubling the previous threshold to an unprecedented $85 billion. This substantial adjustment is a critical customs policy development for U.S. manufacturing balance sheets in 2026, according to Plocamium Holdings.   The expanded refund pool is specifically designed to […]

U.S. Trade Court Strikes Down Trump’s Broad 10% Global Tariffs

News, Trade, United States

May 13, 2026

In a significant development for international trade policy, the U.S. Court of International Trade has ruled against former U.S. President Donald Trump’s 10 percent global tariffs, finding them unjustified under a 1970s trade law. The ruling, decided 2-1 on May 7, 2026, favored small businesses that had challenged the across-the-board tariffs, which initially took effect […]

Soybean Farmers Warn U.S. Government on Trade Investigation’s Tariff Risks

International Trade, News, Trade, United States

May 7, 2026

The American Soybean Association (ASA) is calling on U.S. government officials to exercise prudence in their approach to a new trade investigation concerning agricultural imports and exports. The ASA has expressed significant apprehension that any new trade remedies stemming from this investigation could trigger increased tariffs against U.S. soybeans by China.   Such a development [...]

U.S. and China Brace for High-Stakes Trade Summit Amidst Sanctions and Strategic Disputes

China, International Trade, News, United States

May 7, 2026

U.S. President Donald Trump and Chinese President Xi Jinping are set to convene in May amidst a backdrop of escalating trade tensions, marking President Trump's first visit to China in eight years. Both nations are reportedly seeking a de-escalation of hostilities and the renewal of crucial trade agreements.   Key issues on the agenda include [...]

Foreign Investment Ignites US Manufacturing and Job Growth

Foreign Direct Investment, News, United States

May 6, 2026

The United States is experiencing a significant resurgence in its manufacturing sector, propelled by a robust influx of foreign direct investment (FDI), alongside reshoring and domestic expansion projects. A recent update to the US Manufacturing Investment Tracker on April 29, 2026, reveals a staggering $1.662 trillion in announced manufacturing investments since 2025. This monumental figure [...]

U.S. Bolsters AML Whistleblower Regime, Driving New Compliance Imperatives for International Trade

International Trade, News, United States

April 27, 2026

The United States has significantly strengthened its anti-money laundering (AML) whistleblower regime, a move that is poised to have far-reaching implications for financial institutions and entities engaged in international trade. Recent changes to the U.S. whistleblower framework have expanded and reinforced both protections and rewards available under the Bank Secrecy Act of 1970 (BSA). According [...]

U.S. Supreme Court Ruling on IEEPA Tariffs Prompts Strategic Shift to DDP Incoterms for Importers

International Trade and Imports, News, United States

April 22, 2026

A recent U.S. Supreme Court ruling, updated on April 15, 2026, has declared that the International Emergency Economic Powers Act (IEEPA) does not grant the president authority to impose tariffs, a decision with significant ramifications for importers. The Court's initial decision was made on February 20, 2026.   This landmark ruling rejected the argument that [...]

U.S. Forges Indo-Pacific Trade Pacts Amidst Legal Challenges to Counter China’s Influence

News, Trade, United States

April 13, 2026

The Trump administration has recently secured four significant trade agreements with key Indo-Pacific powers: Japan, South Korea, Taiwan, and Indonesia. These deals are strategically designed to strengthen U.S. ties in the region and counter China’s growing influence, while simultaneously aiming to drive investment into the United States, rebuild industrial capacity, and secure supply chains in […]

OFAC Intensifies Sanctions Evasion Scrutiny, DOJ Shifts Focus to Trade Compliance

News, Trade Compliance, United States

April 8, 2026

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has issued a significant advisory, “Guidance on Sham Transactions and Sanctions Evasion,” to address the growing risk of sanctions evasion through deceptive practices. This guidance, published on March 31, 2026, and highlighted by ST&R: International Trade Law & Policy and Akin Gump, aims to help […]

U.S. Administration Hails ‘Liberation Day’ Successes, Citing Trade Deficit Reduction and New Deals

News, Trade, United States

April 8, 2026

The U.S. Trade Representative’s office and the White House have marked the one-year anniversary of ‘Liberation Day,’ highlighting what they describe as the significant achievements of President Trump’s trade program. The administration asserts that its trade policies have successfully protected American workers, generated new revenue, encouraged fairer trade deals, and accelerated the return of manufacturing […]

Global Trade Forges Ahead with New Free Trade Pacts Amidst U.S. Tariff Stance

Global Trade, News, United States

April 8, 2026

One year after the Trump administration’s implementation of significant tariff policies, countries across the globe are actively pursuing new trade agreements characterized by lower tariffs and increased certainty for businesses. This global shift sees nations adapting to new trade realities by forging alliances and reducing trade barriers among themselves, often without the participation of the […]

AI Revolutionizes Trade Compliance Amidst Evolving Tariffs and Export Controls

Artificial Intelligence in Trade, News, United States

April 7, 2026

Global trade is grappling with a paradox: while digital tools offer unprecedented efficiency, the regulatory environment is becoming increasingly complex, fragmented, and unpredictable due to geopolitical tensions, export controls, sanctions, and tariffs. In response, artificial intelligence (AI) is rapidly transforming trade compliance, moving it from a reactive ‘firefighting’ approach to proactive ‘foresight’. AI-driven solutions are […]

India and US Finalize Landmark Trade Agreement in Strategic Global Shift

India, News, Trade Agreements, United States

March 11, 2026

India and the United States have finalized a significant trade agreement, a move described as a new phase of economic liberalization for India that aims to bolster economic ties and strategically counter China’s dominance in global supply chains, Washington Today reported on March 10, 2026. The deal includes notable reductions in tariffs, with some categories […]

U.S. and U.K. Advance Labeling Reforms to Combat Food Waste and Bolster Construction Safety

International Trade Agreements, News, United Kingdom, United States

March 3, 2026

Governments in the United States and the United Kingdom are advancing significant labeling reforms aimed at tackling major domestic policy goals, including food waste and construction safety, while keeping a close eye on international trade implications. In the U.S., the bipartisan Food Date Labeling Act has garnered widespread support from over 30 major industry players, […]

US Regulator Targets Insider Trading on Prediction Markets, Signaling New Enforcement Front

News, Trade, United States

March 3, 2026

The U.S. Commodity Futures Trading Commission (CFTC) is opening a new front in the battle against financial crime, taking aim at illegal trading on prediction markets. In an advisory issued on February 25, 2026, the agency’s Enforcement Division clarified its authority to prosecute the use of confidential information for trading on these platforms, a practice […]

US Deepens Taiwan Trade Ties with New Pact as Tensions Simmer with South Korea Over Delays

International Relations, News, Taiwan, United States

February 26, 2026

The United States is navigating a complex trade landscape in Asia, marked by a landmark new agreement with Taiwan and simmering tensions with longtime ally South Korea over a stalled trade deal. On February 12, 2026, the U.S. and Taiwan signed an Agreement on Reciprocal Trade (ART), the most significant trade deal between the two […]

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