Trade Compliance

EU Leaders Discuss Iran War, Regional Attacks, and Energy Security

EU leaders discussed the war in Iran, regional attacks, and energy security with Middle Eastern countries. The statement condemned attacks, expressed solidarity, and announced humanitarian aid for Lebanon, while reaffirming commitment to regional stability and maritime operations.

Council Recommendation on Tackling Skills Shortages

The Council of the EU has adopted a recommendation to help member states tackle labour and skills shortages in strategic sectors. This non-binding guidance aims to boost competitiveness and resilience by investing in people's knowledge and skills, addressing challenges in areas like digital technologies, health, and farming.

Council Calls for Greater Efforts to Combat Child Poverty

The Council of the EU has adopted conclusions calling for increased support to combat child poverty and enhance child well-being. The conclusions emphasize the economic benefits of investing in children and urge member states and the Commission to ensure adequate funding and targeted policies, aiming for five million fewer children at risk of poverty or social exclusion by 2030.

Eurogroup Meeting Remarks on Macroeconomic Developments and Middle East Crisis

Remarks following the Eurogroup meeting on March 9, 2026, addressed macroeconomic developments, the impact of the Middle East crisis on energy markets and inflation, and the need to accelerate the energy transition and strengthen Europe's strategic autonomy. The meeting also endorsed Belgium's draft budgetary plan for 2026.

Eurogroup Statement on Belgian Draft Budgetary Plan for 2026

The Eurogroup has welcomed Belgium's draft budgetary plan for 2026, noting its compliance with the Stability and Growth Pact. The group will continue to monitor economic and fiscal developments in Belgium and across the EU.

OFAC Adds Sudanese Muslim Brotherhood to SDN List

The US Treasury Department's Office of Foreign Assets Control (OFAC) has added the Sudanese Muslim Brotherhood to its Specially Designated Nationals (SDN) List. This action imposes sanctions on the entity and carries secondary sanctions risk under Executive Order 13224, as amended.

OFAC Venezuela-Related General License 51

The Office of Foreign Assets Control (OFAC) has issued Venezuela-related General License 51, authorizing certain activities involving Venezuelan-origin gold. This license provides specific exemptions to sanctions regulations for authorized transactions.

Palladium CVD Investigation: Preliminary Affirmative Determination

The U.S. Department of Commerce announced a preliminary affirmative determination in the countervailing duty investigation of unwrought palladium from the Russian Federation. Preliminary subsidy rates for Russian exporters were determined to be 109.10%. The final determination is scheduled for May 20, 2026.

Importers' Path to Recover IEEPA Tariffs After Supreme Court Ruling

A recent article discusses the implications of a Supreme Court ruling invalidating tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Importers must take affirmative legal action, such as filing suit in the U.S. Court of International Trade, to recover paid tariffs, as refunds are not automatic.

Court Orders Tariff Refunds for Importers

The U.S. Court of International Trade has ordered U.S. Customs and Border Protection to refund duties collected under the now-unlawful IEEPA tariffs. This decision follows a Supreme Court ruling and impacts importers nationwide, with specific actions required for refund eligibility.