On July 23, 2026, the Government of Canada began inviting input from stakeholders on the administration of the tariff-rate quotas (TRQs) on certain steel goods. These tariff-rate quotas have been in place since June 27, 2025 and were most recently amended on June 28, 2026. Until August 19, 2026, interested parties will be able to make submissions through an online questionnaire with comments on how the TRQs are administered. Interested parties may include (but are…
On July 31, 2026, the Mexican Tax Administration Service (“SAT”) published the Advance Version of the Second Resolution Amending the General Foreign Trade Rules for 2026, as well as amendments to Annexes 1 and 2. Among the most significant changes is the extension of the mandatory implementation date of the Electronic Customs Value Declaration (Manifestación de Valor Electrónica or “MVE”) until October 1, 2026. In addition, through December 31, 2026, importers will not be required…
El 31 de julio de 2026, el Servicio de Administración Tributaria (“SAT”) publicó la Versión Anticipada de la Segunda Resolución de Modificaciones a las Reglas Generales de Comercio Exterior para 2026, así como modificaciones a los Anexos 1 y 2. Entre los cambios más relevantes destaca la ampliación del plazo para la entrada en vigor obligatoria de la Manifestación de Valor Electrónica (MVE) hasta el 1 de octubre de 2026. Asimismo, se establece que hasta…
On 11 June 2026, Singapore Customs issued a media release announcing that three Singapore-registered companies and three individuals had been charged with offences relating to false declarations, false statements and incorrect trade descriptions under the Regulation of Imports and Exports Act 1995 and the Regulation of Imports and Exports Regulations. The charges relate to an alleged scheme involving the false declaration of the origin of mattresses exported from Singapore to the United States, purportedly to…
In a widely anticipated decision, on February 20, 2026, the US Supreme Court ruled in Learning Resources, Inc. v. Trump that the International Emergency Economic Powers Act (“IEEPA”) does not authorize the President to impose tariffs. This decision invalidates substantial tariffs that President Trump imposed under the IEEPA in the first year of his second term, resetting the trade landscape. Following the Supreme Court’s announcement, the Trump Administration issued an executive order terminating the IEEPA tariffs,…
Baker McKenzie’s Global Trade Team is pleased to invite you to our 2026 Global Trade and Customs Webinar Series. This series includes a variety of sessions spread throughout the year, addressing the latest developments in trade and customs compliance. In these sessions, our panel of international trade and customs experts will discuss key trends and topics including customs, sanctions, export controls and trade remedies developments across regions. Click here for more information and to register.
On August 29, the US Court of Appeals for the Federal Circuit (CAFC) issued a 7-4 en banc opinion in VOS Selections, Inc v. Trump, holding that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose broad, indefinite tariffs. The case was initially brought in the Court of International Trade (CIT) by private businesses and US state attorneys general. The President invoked IEEPA on various grounds, including concerns about drug…
On August 25, U.S. Customs and Border Protection (“CBP”) issued a draft Federal Register notice to effectuate the President’s Executive Order (“EO”) on “Addressing Threats to the United States by the Government of the Russian Federation,” which imposed additional tariffs on imports of Indian origin due to India directly or indirectly importing Russian oil. Under these new tariffs, imports of most goods of Indian origin will be subject to an additional 25% duty, effective August 27, which…
On 5 August 2025, the European Commission adopted Implementing Regulation (EU) 2025/1727, suspending the commercial rebalancing measures imposed under Implementing Regulation (EU) 2025/1564. The suspension follows the political agreement reached between the EU and the US on 27 July 2025 (see our prior blog post on the EU – US Trade Deal here) and signals the EU’s intent to continue the negotiations constructively. On 24 July 2025, the EU published Implementing Regulation (EU) No. 2025/1564…
On 3 June 2025, Baker McKenzie kicked off its Annual Compliance Conference Webinar Series with a session focusing on the evolving customs and tariffs landscape under the new U.S. administration. The panel, chaired by Jenny Revis, featured our global experts who unpacked a number of recent sweeping changes, as well as strategic responses for businesses impacted by the ongoing shifts in global trade. The panel examined the current tariff landscape in the US, looking at…