On January 9, 2026 the United States and Bangladesh announced that the countries will enter into Agreement on Reciprocal Trade (“ART”) which will reduce tariffs on certain imports from Bangladesh in exchange for significant market access commitments by the South Asian country.
The United States will maintain a 19 percent reciprocal tariff rate for imports
On February 6, 2026, President Trump signed an executive order, Addressing Threats to the United States by the Government of Iran, which authorizes the imposition of tariffs on goods imported from any country that “directly or indirectly purchases, imports, or otherwise acquires goods or services from Iran.” The order is effective at 12:01 a.m.
On February 6, 2025, President Trump signed an executive order titled Modifying Duties to Address Threats to the United States by the Government of the Russian Federation, rescinding the 25% IEEPA tariff imposed on India for its purchases of Russian oil, effective at 12:01 a.m. on February 7, 2025. The order allows for duty
On January 15, 2026, the U.S. Department of Commerce announced that the United States and Taiwan reached a trade agreement. As part of the deal, Taiwanese semiconductor and technology companies will invest at least $250 billion to expand production capacity within the United States, with the Taiwanese government providing $250 billion in credit guarantees to
On January 14, 2025, President Trump signed a proclamation entitled “Adjusting Imports of Semiconductors, Semiconductor Manufacturing Equipment, and Their Derivative Products into the United States.” The proclamation imposes a 25% tariff under Section 232 on certain advanced computing chips that meet the technical specifications detailed in Annex I of the proclamation. The measure
On December 31, 2025, President Trump signed proclamation, Amendments to Adjusting Imports of Timber, Lumber, And Their Derivative Products into the United States, delaying higher tariffs on upholstered furniture, kitchen cabinets, and vanities until January 1, 2027. The proclamation cited “productive negotiations with trade partners to address trade reciprocity and national security concerns regarding
On December 23, 2025, the United States Trade Representative (USTR) determined that China’s policies and practices aimed at dominating the semiconductor industry are unfair and burdensome on U.S. commerce, making them actionable under Section 301 of the Trade Act of 1974. After a year-long investigation, the USTR found that China’s state-driven industrial planning, forced technology
On November 20, 2025, the American Trailer Manufacturers Coalition (“the Coalition”) (“Petitioners”), filed a petition for the imposition of antidumping and countervailing duties on U.S. imports into the United States of van-type trailers and subassemblies thereof imported from Canada, Mexico, and the People’s Republic of China (“China”).
Tariff Evasion Enforcement Continues To Be A Top Priority for DOJ and CBP
Recent developments highlight a coordinated, aggressive approach by the U.S. Government to crack down on schemes that undermine U.S. trade laws.
An Indonesian jewelry company, UBS Gold, its co-owner, and two employees were charged with conspiring to evade over $86 million in U.S. customs duties on jewelry imports. Two individuals were arrested and face up to 20 years in prison for wire fraud conspiracy, while UBS Gold faces fines up to $500,000 or twice the gain.