El 23 de octubre de 2026, la Presidenta de México publicó un decreto por el que se reforman diversas disposiciones de la Ley Aduanera. Las reformas, que entrarán en vigor el 1 de enero de 2027, amplían significativamente los supuestos en los que las autoridades aduaneras podrán embargar precautoriamente mercancías importadas con motivo del valor declarado. En particular, las autoridades aduaneras podrán embargar mercancías cuando el valor declarado en el pedimento de importación sea inferior…
On October 23, 2026, the Mexican President published a decree amending several provisions of the Customs Law. The amendments, which will become effective on January 1, 2027, significantly expand the circumstances in which customs authorities may seize imported goods on a precautionary basis due to declared value. Most notably, customs authorities will be able to seize goods when the value declared in the import entry (pedimento) is lower than the transaction value of identical or…
On 17 June 2026, the European Commission’s proposal for a new trade defence regime for steel imports (COM(2025)726) was adopted as Regulation (EU) 2026/1384 (“Steel Regulation”) and entered into force on 25 June 2026, succeeding the safeguard measures that had been in place since January 2019. One particularly novel element, the “melt and pour” transparency requirement, has now been given practical shape, with the Commission adopting the Implementing Regulation (EU) 2026/1963 (“Implementing Regulation”) on 28…
On 16 September 2026, the European Parliament has voted to adopt the new Union Customs Code (“nUCC”) heralding broad customs reform for the European Union (“EU”). Changes will be spread across all facets of customs compliance and there are expected to be accelerated timelines for implementation that are likely to impact all businesses importing into the EU. There are two key drivers to reform customs processes and requirements across the EU (i) the desire to…
President Trump signed the much-anticipated Russia (and Iran) sanctions bill into law on Friday, September 18, 2026. The final text of H.R. 5334 is available here. In Brief It has been a long journey since Senator Lindsey Graham introduced an earlier version of the bill in the Senate in April 2025. After Senator Graham passed away in July, a new Russia sanctions bill was introduced bearing his name, the Lindsey O. Graham Sanctioning Russia and…
Join us in Mountain View, California on Thursday, November 12, for an exclusive in-person forum on Trade Strategy in a Fragmented World.This in-person event will precede our webinar series – the 47th Year-End Review of Global Trade Developments Conference. PLEASE NOTE: This in-person session is a standalone experience and serves as a complement to the virtual conference taking place through webinars the following week between November 17-19, 2026. Each format offers distinct content and networking opportunities. The details for both events are included below. In-Person Forum→ Trade Strategy in a Fragmented…
As US trade policy continues to evolve, businesses are increasingly confronting a reality in which tariffs are not simply temporary trade measures, but a recurring feature of the commercial landscape. This shift is prompting companies to incorporate tariff exposure into long-term decisions regarding sourcing, manufacturing, supply chain resilience and market access. At the same time, longstanding trade authorities and enforcement mechanisms are taking on renewed significance as policymakers use them to address economic, supply chain…
On September 8, 2026, the Government of Canada released the United States Surtax Order, 2026 (the 2026 Order), implementing Canada’s latest round of retaliatory tariffs on imports from the United States. The Canada Border Services Agency (CBSA) simultaneously issued Customs Notice 26-23, providing guidance on the administration of the new surtax regime. The measures contain several important compliance and operational considerations for Canadian importers, including confirmation that the existing remission framework has been extended to…
On August 13, 2026, the Trump Administration introduced a combination of trade measures intended to expand export opportunities for US unmanned aerial vehicle (UAV or drone) manufacturers while increasing incentives to source and produce drone technologies in the United States. The actions reflect a concerted approach to strengthen the US drone sector and address concerns about supply chain resilience and national security. Streamlined Export Controls The US Department of Commerce’s Bureau of Industry and Security…
On August 25, 2026, the Government of Canada announced a new package of trade countermeasures and financial support programs in response to recent U.S. tariff actions. The announcement follows Canada’s decision to suspend trade negotiations with the United States after concluding that the latest U.S. proposals were not in Canada’s national interest. The new measures are a direct response to the United States’ decision to impose a 50% tariff on CAD 27.6 billion of Canadian…