The tariffs came fast, the court orders came faster, and now the question for most importers who paid IEEPA duties is not whether they are entitled to a refund for a large number of entries,…
Weeks after the U.S. and Iran signed a fragile Memorandum of Understanding (MOU), the Strait of Hormuz, a vital chokepoint for shipping, remains in flux. Bloomberg reported Saturday that some attempting to leave the Persian…
Right now, a proposed peace deal between the U.S. and Iran remains in flux, as key issues, like the Strait of Hormuz and Iran’s nuclear program, remain sticking points. The Strait of Hormuz remains one…
Here is the basic shape of Section 122 as of June 1. The administration invoked it on February 20, the same day the Supreme Court struck down IEEPA, as a backup plan to keep a…
Here is the basic shape of the IEEPA refund situation as of early June. The Supreme Court invalidated the tariffs in February. The government had collected roughly $166 billion under them. Customs and Border Protection…
In just a few weeks, the US and Mexico will begin the first bilateral negotiating round to discuss the future of the US-Mexico-Canada Agreement. The initial high-stakes joint review of the trade agreement will take…
Yesterday, U.S. Central Command announced that two American-flagged merchant vessels successfully transited the Strait of Hormuz, escorted by guided-missile destroyers that had entered the Persian Gulf as part of what the White House is calling…
U.S. Customs and Border Protection (CBP) has confirmed that the CAPE (Consolidated Administration and Processing of Entries) refund process for IEEPA duties will go live on Monday, April 20, 2026. This development establishes the official…
A geopolitical dispute over the Panama Canal has spilled into the shipping lanes, and the ripple effects are being felt across global supply chains. Over the past several weeks, China has dramatically increased its detention…