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BIS Issues Interim Final Rule Extending Entity List Restrictions To 50% Ownership

On September 29, 2025, the Bureau of Industry and Security (BIS) implemented an interim final rule (IFR) amending the Export Administration Regulations (EAR) to broaden the reach of the Entity List. Published at 90 FR 47201, this rule significantly expands compliance obligations for exporters, reexporters, freight forwarders, and other parties subject to the EAR. The Core Change: The 50% Ownership […]

Updated Tariff Guidance: U.S.–Japan Agreement Brings 15% Baseline Rate

On September 16, 2025, the Department of Commerce published the tariff modifications needed to implement the United States–Japan Agreement (Executive Order 14345). The agreement sets a baseline 15% tariff on nearly all imports from Japan, with special treatment for automobiles, auto parts, and civil aircraft. These changes stem from both IEEPA reciprocal tariffs and Section 232 measures, meaning importers must […]

IEEPA Tariffs at the Supreme Court: What Importers Need to Know About Duty Recovery

On September 9, 2025, the Supreme Court agreed to expedited review of two consolidated appeals challenging the legality of the Trump administration’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA). These include the so-called Fentanyl Tariffs on imports from Canada, Mexico, and China, and the broad Reciprocal Tariffs applied to most U.S. trading partners (together, the IEEPA Tariffs). […]

Reciprocal Tariffs Lose At Appeals Court, Battle Moves To Supreme Court

On Friday, the U.S. Court of Appeals for the Federal Circuit issued a major ruling on the scope of presidential tariff authority. In a 7–4 decision, the court found that former President Trump exceeded his powers under the International Emergency Economic Powers Act (IEEPA) when he declared trade deficits a “national emergency” and used that declaration to impose sweeping tariffs […]