The United States has reached a historic trade and investment agreement with Switzerland and Liechtenstein, creating new opportunities for US companies. The deal reduces trade barriers, giving manufacturers, exporters, and agricultural producers improved access to Swiss and Liechtenstein markets. A key feature of the agreement is the updated tariff structure. Switzerland and Liechtenstein will pay…
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On November 14, 2025, the White House issued a new Executive Order modifying how the US applies its reciprocal tariffs—specifically for a range of agricultural products. This change narrows the scope of the tariff program first created under Executive Order 14257 and later amended by Executive Order 14346. What Changed? The new order exempts agricultural…
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Today, the US Supreme Court will hear oral arguments in two consolidated cases challenging the legality of tariffs imposed under the International Emergency Economic Powers Act (IEEPA). At issue are two major sets of tariffs: Global “Reciprocal” Tariffs: A baseline 10% tariff on most US trading partners, with higher rates on select countries. Fentanyl-Related Tariffs:…
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The White House has issued a new proclamation under Section 232 of the Trade Expansion Act, finding that imports of medium- and heavy-duty vehicles (MHDVs), certain medium- and heavy-duty vehicles parts, and buses threaten to impair US national security. Medium- and heavy-duty trucks include Class 3 to Class 8 vehicles, like large pick-up trucks, moving…
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The Office of the US Trade Representative (USTR) announced that it has determined Nicaragua’s acts, policies, and practices related to labor rights abuses, human rights violations, and the dismantling of the rule of law are unreasonable and burden or restrict US commerce. This determination was made under Section 301 of the Trade Act of 1974,…
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François-Philippe Champagne, Minister of Finance and National Revenue, has announced extended relief measures to help Canadian businesses affected by tariffs imposed by the United States. To protect Canadian workers and minimize the economic impact of the surtaxes, the government is extending key exemptions for an additional two months: Manufacturing and Agricultural Inputs: The current exemption…
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The US government has announced a strict new measure aimed at deterring tariff evasion through transshipment. While full guidance is still pending, officials have confirmed that a 40% penalty tariff will be applied to shipments found to be routed through third countries to avoid tariffs. Unlike other penalty scenarios, no mitigation will be allowed—meaning importers…
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The African Growth and Opportunity Act (AGOA) officially expired on September 30, ending 25 years of duty-free treatment for many US imports from sub-Saharan African countries. Despite strong bipartisan support, Congress was unable to renew the program before the deadline, leaving US importers and supply chain partners facing new tariff exposure and potential sourcing challenges.…
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The Canada Border Services Agency (CBSA) has advised that it continues to experience delays in the transmission of outbound Electronic Data Interchange (EDI) and eManifest messages. While inbound data is being received and processed normally, the release of outbound messages—including acknowledgements, reject messages, Release Notification System (RNS) updates, and completeness notices—remains delayed. Although the underlying…
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On September 29, President Trump issued a proclamation introducing new Section 232 tariffs on lumber, kitchen cabinets, vanities, and other wood products. US Customs and Border Protection (CBP) recently confirmed, through CSMS guidance, that these tariffs will take effect at 12:01 a.m. ET on October 14, and provided instructions for entry and filing procedures." According…
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