OFAC Issues General Licenses for PdVSA Transactions
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued two new general licenses authorizing most previously prohibited transactions involving Petróleos de Venezuela, S.A. (PdVSA) and its entities, as well as further transactions related to a specific PdVSA bond. These licenses represent a significant shift from previous, more narrowly focused authorizations.
ITC Rules on PET Film Imports from India, China, Taiwan, UAE
The International Trade Commission (ITC) determined that revoking the countervailing duty order on PET film from India and antidumping duty orders on PET film from China, India, Taiwan, and the United Arab Emirates would likely lead to material injury to the U.S. industry. This decision upholds existing trade remedy measures.
ITC Schedules Five-Year Reviews for Oil Country Tubular Goods
The U.S. International Trade Commission (ITC) has scheduled full five-year reviews to determine if revoking duty orders on oil country tubular goods from India, Turkey, South Korea, Ukraine, and Vietnam would likely lead to material injury. The Commission has extended the review period by up to 90 days.
CIT Amends Order on IEEPA Tariff Refunds for Brazil and India
The Court of International Trade (CIT) amended its March 4 Order to clarify that it applies to all duties imposed under IEEPA, including those on Brazil and India. The court emphasized importers should be aware of protest remedies available under 19 U.S.C. § 1514.
UK REACH SVHC Candidate List Alignment with EU
The UK government has announced a new strategic approach to adding Substances of Very High Concern (SVHC) to the UK REACH Candidate List, aligning more closely with the EU's approach. This involves a consultation on adding 15 SVHCs, with further additions expected.
IRS Notice 2026-15: Material Assistance Under Foreign Entity of Concern Rules
The IRS issued Notice 2026-15, providing interim guidance on calculating material assistance costs for clean energy tax credits under new Foreign Entity of Concern (FEOC) rules. The notice details the Material Assistance Cost Ratio methodology and offers three safe harbors, but leaves open questions regarding 'effective control' triggers for Prohibited Foreign Entities.
Investor-State Arbitration Over Russian Sanctions
Moldovan billionaire Igor Viktorovich Makarov has filed a C$350 million claim against Canada with the International Centre for the Settlement of Investment Disputes (ICSID). The claim arises from sanctions imposed on Makarov, which he alleges destroyed the value of his investment in Spartan Delta, a Canadian company.
Supreme Court Strikes Down IEEPA Tariffs, Increasing Enforcement Risk
The Supreme Court has struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA), creating refund opportunities for importers. However, this ruling increases enforcement risk, as refund claims will trigger scrutiny of past classifications, valuations, and disclosures, potentially leading to False Claims Act and securities law violations.
CBP Outlines IEEPA Duty Refund Framework via CAPE System
U.S. Customs and Border Protection (CBP) has provided details on its framework for refunding duties imposed under the International Emergency Economic Powers Act (IEEPA) via the CAPE system in ACE. This follows a Supreme Court decision that IEEPA does not authorize the President to impose tariffs. The CIT has suspended immediate compliance pending the development of this administrative refund process.
Remote Access Security Act Expands US Export Controls on Cloud Services
The House of Representatives passed the Remote Access Security Act (RASA), which would expand the Bureau of Industry and Security's (BIS) authority to regulate remote access to export-controlled items via cloud services. This legislation aims to close a perceived loophole in current US export control regulations.
Tariff Refund Lawsuits Against Retailers Following Supreme Court Decision
Following a Supreme Court decision ordering tariff refunds, multiple class action lawsuits have been filed against retailers and consumer goods companies. These suits allege that companies seeking refunds for tariffs they passed on to consumers are poised to obtain an improper 'double recovery.' The article advises companies that passed tariff costs to consumers and are now seeking refunds to conduct an urgent legal review.
China's New Trade Secret Protection Rules
China's State Administration for Market Regulation (SAMR) has issued new Provisions on the Protection of Trade Secrets, effective June 1, 2026. These replace 1995 rules and significantly expand the scope of protectable information, including technical data like AI datasets and commercial data such as customer information, aligning protection with the digital economy.
OFAC Venezuela General License 53
The Office of Foreign Assets Control (OFAC) has issued Venezuela-related General License 53, titled 'Official Missions of the Government of Venezuela to the United States.' This license authorizes specific activities related to official Venezuelan missions in the US.
State Department Announces Release of Dennis Coyle
The State Department announced the release of Dennis Coyle, who had been held captive in Afghanistan for over a year. The statement thanked the United Arab Emirates and Qatar for their support and urged the Taliban to end hostage diplomacy.
Secretary Rubio Travels to France for G7 Foreign Affairs Ministerial
The U.S. Department of State announced that Secretary of State Marco Rubio will travel to France to attend the G7 Foreign Affairs Ministerial. The meeting will focus on shared security concerns, including the Russia-Ukraine war and the situation in the Middle East.
CBSA Final Dumping Decision: Oil Country Tubular Goods from Mexico, Philippines, Türkiye, South Korea, USA
The Canada Border Services Agency (CBSA) has made a final determination of dumping for oil country tubular goods originating in or exported from Mexico, the Philippines, Türkiye, South Korea, and the USA. This decision imposes provisional duties on these goods.
Polyethylene Terephthalate Film, Sheet, and Strip Determinations from China, India, Taiwan, UAE
The International Trade Commission has published a notice regarding determinations for Polyethylene Terephthalate (PET) Film, Sheet, and Strip from China, India, Taiwan, and the United Arab Emirates. This notice pertains to ongoing investigations and reviews.
Oil Country Tubular Goods Reviews Scheduled
The International Trade Commission has scheduled full five-year reviews for oil country tubular goods from India, South Korea, Turkey, Ukraine, and Vietnam. These reviews will determine if existing antidumping and countervailing duty orders should be continued.
Foreign-Trade Zones Board: El Paso, Texas FTZ Site Renumbering
The Foreign-Trade Zones Board has issued a notice regarding the renumbering of sites for Foreign-Trade Zone 68 in El Paso, Texas. This administrative change updates the official designation of the zone's locations.
Marine Mammals; File No. 29456
The National Oceanic and Atmospheric Administration has published a notice regarding marine mammals, identified as File No. 29456. This notice is open for public comment for 30 days, with a deadline of April 23, 2026.
Foreign-Trade Zone 104 Application for Subzone by Supreme International LLC
The Department of Commerce's Foreign-Trade Zones Board has published a notice regarding an application for a subzone by Supreme International LLC, doing business as Perry Ellis International, in Dublin, Georgia. This notice pertains to FTZ 104 and is part of the standard application process for establishing a foreign-trade zone subzone.
Marine Mammals Incidental to Naval Base Projects in San Diego
The National Oceanic and Atmospheric Administration (NOAA) has issued a notice regarding the incidental taking of marine mammals during Naval Base Point Loma and Naval Base San Diego projects. The notice details authorizations for these activities, which are effective for one year from the date of notification by the IHA-holder.
Tax Policy to Lower Housing Costs by Expensing Residential Structures
The Tax Foundation proposes that policymakers consider expensing for residential structures as a federal tax policy to address housing supply shortages. This policy would allow developers to immediately deduct the cost of building new housing, contrasting with current law which requires deductions over 27.5 years.
Congress Must Authorize Section 122 Tariffs Under Trade Act
This analysis from the Tax Foundation argues that Congress must authorize tariffs imposed under Section 122 of the Trade Act, following a Supreme Court ruling. The article suggests that if Congress does not vote to approve these tariffs, they will expire after 150 days, potentially leading to a refreshing debate on trade policy.
Dividend Tax Rates in Europe
The Tax Foundation's analysis of dividend tax rates in 35 European countries for 2025 shows Ireland with the highest top rate at 51%, followed by Denmark at 42% and the UK at 39.35%. Estonia, Latvia, and Malta are noted as not levying dividend taxes.
Section 232 Automobile Parts Tariff Inclusions Window Opened
The International Trade Administration (ITA) has announced the opening of an inclusions window for the Section 232 automobile parts tariff. This notice specifies the dates for submitting requests to include additional automobile parts under the Section 232 tariff exclusion process.
Citric Acid and Citrate Salts from China - Antidumping Duty Final Review
The International Trade Administration has published the final results of the administrative review of antidumping duties on citric acid and certain citrate salts from China for the 2023-2024 period. This notice finalizes the duty rates applicable to these imports.
Speech by President António Costa at the University of Porto
President António Costa delivered a speech at the University of Porto's anniversary, reflecting on Portugal's 40 years of EU membership and the university's role in national development. The speech highlighted the transformative impact of EU accession on Portugal's economy, society, and educational landscape.
Secretary Rubio's Call with Canadian Minister of Foreign Affairs Anand
Secretary of State Marco Rubio spoke with Canadian Minister of Foreign Affairs Anita Anand on March 23, 2026. They discussed international security, actions against Iran's nuclear program, and efforts to promote stability in Haiti.
Secretary Rubio's Call with Indian External Affairs Minister Jaishankar
The U.S. Department of State issued a readout of a call between Secretary Rubio and Indian External Affairs Minister Jaishankar on March 23, 2026. The officials discussed the situation in the Middle East and agreed on the importance of continued cooperation on mutual priorities.
Secretary Rubio's Call with Kenyan President Ruto
Secretary of State Marco Rubio spoke with Kenyan President William Ruto on March 23, 2026, to discuss bilateral cooperation, regional security, and commercial opportunities. Key topics included condemnation of Iranian aggression, Kenya's contributions to peace in Haiti, and strengthening the US-Kenya partnership.
Definitive Anti-Dumping Duty on Tin Mill Products from China
The UK Secretary of State for Business and Trade has accepted a recommendation to apply a definitive anti-dumping duty on tin mill products originating from China. This notice details the implementation of this duty under the Taxation (Cross-border Trade) Act 2018.
Trade Remedies Notice: Registration of Chinese Glass Container Imports
The UK Secretary of State for Business and Trade has published a notice requiring the registration of imports of glass containers originating from China. This action is taken under the Taxation (Cross-border Trade) Act 2018.
Trade Remedies Notice: Registration of Turkish Glass Container Imports
The UK Secretary of State for Business and Trade has published a notice requiring the registration of imports of glass containers originating from Turkey. This action is taken under the Taxation (Cross-border Trade) Act 2018 and mandates registration for these specific imports.