Supreme Court Invalidates IEEPA Tariffs

The Supreme Court has ruled that the President lacks the constitutional authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision, in cases involving Learning Resources, Inc. and V.O.S. Selections, Inc., invalidates previously levied tariffs. Businesses that paid these duties are advised to consult legal counsel regarding potential refund options.

ITC Probes Impact of Revoking China PNTR and Biotech Practices

The International Trade Commission (ITC) has launched two fact-finding investigations. One assesses the economic impact of revoking China's Permanent Normal Trade Relations (PNTR) treatment, with input due April 13. The second probe examines Chinese state support and pricing practices in the biotechnology sector.

Swiss Sanctions Amended for Sudan

On February 18, 2026, Switzerland's Federal Department of Economic Affairs, Education and Research amended its ordinance on measures against Sudan. Seven individuals have been added to the sanctions list, with the measures taking effect immediately.

SECO Amends Ukraine Sanctions Ordinance

The Swiss State Secretariat for Economic Affairs (SECO) has amended Annex 8 of the Ordinance on Measures Relating to the Situation in Ukraine. The amendment modifies entries for 88 individuals and 92 organizations, with measures taking effect on February 24, 2026.

Swiss Ordinance on Sudan Sanctions Updated

Switzerland has updated its ordinance on Sudan sanctions following amendments by the UN sanctions committee. The SESAM database has been updated to reflect these changes, which enter into force in Switzerland without delay.

Ukraine Sanctions Measures Ordinance Update

On February 26, 2026, the Swiss Federal Department of Economic Affairs (EAER) updated its interpretative aid for sanctions measures related to the situation in Ukraine. The modifications are visible in track changes mode within the updated document.

EU Sanctions FAQs on Provision of Services

The European Commission's Directorate-General for Financial Stability, Financial Services and Capital Markets Union has published Frequently Asked Questions (FAQs) regarding the provision of services in the context of sanctions adopted following Russia's military aggression against Ukraine. These FAQs clarify specific sector-related questions for businesses operating within the EU.

EU Sanctions Against Russia and Belarus Updated

The European Commission has updated its guidance and FAQs regarding sanctions against Russia and Belarus. These updates address specific measures such as the Nord Stream infrastructure ban, provision of services, and the oil price cap, impacting entities under EU jurisdiction.

EU Sanctions Iran: Individuals, Entities, Asset Freeze, Drone/Missile Tech

The European Commission announced new EU sanctions against Iran, adding 15 individuals and 6 entities subject to asset freezes and travel bans. The measures also extend prohibitions on drone and missile technology exports to Iran, impacting its support for Russia's war in Ukraine.

FAQs on Nord Stream Infrastructure Ban and Russia Sanctions

The European Commission has published Frequently Asked Questions (FAQs) clarifying restrictions on Nord Stream infrastructure as part of sanctions against Russia. These FAQs address specific queries related to the ban and its implications.