On July 15, 2026, the Office of the U.S. Trade Representative (USTR) announced that, pursuant to Section 301 of the Trade Act of 1974, it was imposing a 25% tariff on certain imports of Brazilian goods. The announcement came at the direction of President Donald Trump following an investigation and determination by the USTR that…

The Office of the U.S. Trade Representative (“USTR”) asked the U.S. International Trade Commission (“ITC”) on July 13, 2026, to launch a Section 201 global safeguard investigation into lamb meat imports after domestic sheep producers filed a petition last year with the USTR.

In his letter to the ITC, USTR Jamieson Greer called on the…

On July 9, 2026, President Trump issued a Presidential Proclamation, pursuant to Section 232 of the Trade Expansion Act of 1962, ordering the Secretary of Commerce and U.S. Trade Representative to continue negotiating agreements with trading partners to address the threatened impairment of national security as to imports of commercial aircraft, jet engines, and…

On July 8, 2026, on the sidelines of the NATO summit, President Donald Trump announced his intention to remove Syria from the State Sponsor of Terrorism list, a significant move that would assist Syria’s efforts to re-engage in the global political and financial systems and rebuild the country after more than a decade of civil…

On July 7, 2026, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) revoked Iran-related General License X and issued Iran-related General License X1, for the “Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil, Petrochemical Products, and Petroleum Products of Iranian Origin.”…

On July 6, 2026, the U.S. Court of International Trade (CIT) issued an Order announcing resolution of all pending but stayed China Section 301 cases because of the June 15, 2026 U.S. Supreme Court decision denying the petition for a writ of certiorari in HMTX Industries LLC v. United States. To facilitate resolution of…

On June 29, 2026, the Department of Commerce (Commerce) initiated an investigation under Section 232 of the Trade Expansion Act of 1962, as amended, to determine the effects on the national security of imports of anthracite coal. For the purposes of this investigation, anthracite coal encompasses products classified under Harmonized Tariff Schedule of the United…

On July 1, 2026, the U.S. Trade Representative (USTR) issued a formal statement regarding the joint review of the Agreement between the United States of America, the United Mexican States, and Canada (USMCA). The USMCA entered into force on July 1, 2020, and contains a clause requiring that the parties meet on the sixth anniversary…

All persons subject to U.S. jurisdiction holding property blocked pursuant to various Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions programs must file their Annual Report of Blocked Property (ARBP) by September 30, 2026. This required reporting applies to all relevant persons, not only financial institutions.

This report is pursuant to 31…

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has launched a Reconsideration Portal for the submission of requests by persons or entities seeking to be removed from an OFAC sanctions list. The portal provides an overview of the process for requesting removal from a list as well as information on OFAC’s…