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The U.S. Court of International Trade handed down a ruling on May 28, 2025 that invalidated the so-called “Liberation Day” tariffs imposed by President Trump. That decision was put on pause May 29, 2025 while the appeals court considers the…
On May 12, 2025, the United States and China announced a significant de-escalation in trade tensions. The two countries agreed to a 90-day period of tariff reductions that begins on May 14, 2025 and will last through August 11, 2025.…
In May 2025, U.S. Customs and Border Protection (CBP) released a new fact sheet outlining sweeping tariff increases under the International Emergency Economic Powers Act (IEEPA) and Section 232 (national security-based tariffs). For small and mid-sized businesses that rely on…