On February 6, 2026, the United States and India announced a framework for an Interim Agreement on reciprocal and mutually beneficial trade, marking a step toward a broader bilateral trade agreement (BTA). The announcement comes on the heels of a social media post earlier in the week in which U.S. President Trump reported the trade agreement following a discussion with India Prime Minister Modi. The White House has released a joint statement and fact sheet…
While expectations remain low that federal lawmakers will be able to agree on controversial trade legislation, particularly in a presidential election year, chances are better that Congress will agree on a narrower proposal to address a topic of growing interest and concern—de minimis reform. Background Congress amended Section 321 of the Tariff Act of 1930 (19 U.S.C. § 1321) with the enactment of the Trade Facilitation and Trade Enforcement Act of 2015 (P.L. 114-125) to…
Baker McKenzie’s Sanction News Blog published “US President Signs Bills Revoking Russian Trade Status and Barring Energy Imports,” which can be viewed here.
Baker McKenzie’s Global Supply Chain Compliance Blog published “US President Set to Sign Uyghur Forced Labor Prevention Act into Law,” which can be viewed here.