On February 28, 2026, geopolitical tensions in the Middle East escalated sharply following an Iranian attempt to close the Strait of Hormuz. The situation has rapidly evolved from diplomatic warnings to active kinetic conflict, severely disrupting global maritime trade. Key Developments Tensions in the Strait of Hormuz have reached a critical flashpoint following a declaration by the Islamic Revolutionary Guard […]
As of April 20, 2026, U.S. Customs and Border Protection (CBP) has officially launched Phase 1 of the Consolidated Administration and Processing of Entries (CAPE) system within the ACE Secure Data Portal. This long-anticipated development introduces a centralized, electronic pathway for submitting refund requests tied to duties imposed under the International Emergency Economic Powers Act (IEEPA), marking a meaningful shift […]
On April 2, 2026, the President issued a sweeping new proclamation modifying existing Section 232 tariff regimes on steel, aluminum, and copper imports. The changes represent one of the most significant expansions of these tariffs since their initial implementation in 2018 and will have immediate implications for importers, manufacturers, and supply chains. The new measures take effect for goods entered […]
The landscape for recovering tariffs paid under the International Emergency Economic Powers Act (IEEPA) has shifted again, following a new move by the Court of International Trade (CIT). CIT Judge Eaton has issued a revised order on March 27. The updated language suggests that even entries that have been “finally liquidated” should be reliquidated to remove the IEEPA duties. While […]