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…
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 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…
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…
In brief The South African government has implemented a substantial increase in customs duties on specified peanut butter tariff lines, raising the general rate from 0.99 cents per kilogram to 20% ad valorem. The decision follows an ITAC investigation which concluded that domestic peanut butter producers were experiencing declining production, reduced sales volumes, increased competition from lower-priced imports, and rising operational costs. While duty-free treatment remains available for imports from certain jurisdictions, including the European…
On July 23, 2026, the Office of the U.S. Trade Representative (USTR) announced final and immediate new tariffs on imports from 60 economies (59 countries and the European Union), including nearly all of the United States’ largest trading partners. The duties are imposed under Section 301 of the Trade Act of 1974 and are tied to USTR’s assessment of measures these economies have taken to adopt and enforce prohibitions on the importation of goods made…
On June 16, 2026, the European Parliament (EP) approved two legislative texts implementing the EU’s tariff commitments under the EU-US trade agreement. Formal approval by the Council of the EU remains pending. The adopted measures provide for the elimination of tariffs on all US industrial goods and grant preferential market access for a wide array of US seafood and agricultural goods. The extension of tariff-free lobster imports, now including processed lobster, was also endorsed by…
On May 7, 2026, the U.S. Court of International Trade (CIT) issued a decision holding that recent tariffs imposed by the President under Section 122 of the Trade Act of 1974 exceeded statutory authority. The court granted summary judgment in favor of the importer plaintiffs and enjoined enforcement of the challenged tariffs as applied to those parties only. This means that the duties cannot be collected for the plaintiffs in the case. For all other…
On April 2, 2026, President Trump issued a proclamation adjusting imports of patented pharmaceuticals and associated pharmaceutical ingredients, including active pharmaceutical ingredients (APIs). The action followed an investigation by the Secretary of Commerce under Section 232 of the Trade Expansion Act of 1962, which the proclamation states concluded that imports of patented pharmaceuticals and related inputs were being imported into the United States in such quantities and under such circumstances as to threaten to impair…
Background Tensions between the United States and the European Union have intensified after President Trump announced, in a January 17, 2026, social media post that the United States will impose tariffs of 10% from February 1 and 25% from June 1 on Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, and the United Kingdom, unless a deal is reached for the “complete and total purchase of Greenland.” Tariffs Threatened by the United States The threatened…