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Jennifer F. Revis (UK)

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Annual Compliance Conference summary: Geopolitics, trade disruption and tariff wars – developing a global business strategy

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At the Annual Compliance conference recently held in London, Baker McKenzie hosted its session on “Geopolitics, Trade Disruption and Tariff Wars: Developing a Global Business Strategy”. The panel, chaired by Tristan Grimmer, featured speakers from our team across the globe, and explored the evolving landscape and its implications for international commerce. Rod Hunter, based in our Washington D.C. office, opened with an overview of the current U.S. Administration’s trade policy, emphasizing its transactional, zero-sum approach…

US Takes Steps to Implement UK Trade Deal

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In a move that could significantly reshape transatlantic commerce, President Donald Trump signed Executive Order 14309 on June 16, 2025, enacting key provisions of the UK-US Economic Prosperity Deal. This agreement, unveiled at the G7 summit in Canada, aims to ease trade tensions and foster deeper economic cooperation between the United Kingdom and the United States. The order was published that same day in the Federal Register and its provisions went into effect on June…

UK: Tribunal decision on when customs agent may be jointly and severally liability for breach of a customs obligation

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Introduction On 15 April 2025, the Tax Chamber of the First-tier Tribunal issued its judgment inRoseline Logistics Limited v HMRC [2025] UKFTT 0042 (TC), holding that a customs service-provider that had wrongfully used post VAT accounting (“PVA”) on various declarations made on behalf of an importer was jointly and severally liable for the import VAT due to HMRC. Facts The appellant, Roseline Logistics Limited (“Roseline”), provided customs agency services. In a 4-month period in 2022,…

Upcoming Webinar: Tariffs – A Holistic View of Legal & Business Considerations

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On June 25th, Baker McKenzie’s Trade, Sanctions, and Customs Practice will be hosting a webinar focused on Tariffs: A Holistic View of Legal & Business Considerations (Trade, Customs, Commercial, Disputes, Employment, M&A, Restructuring and more).In this webinar, our multi-specialist panel will share their insights on tariff mitigation strategies and considerations across the supply chain and provide practical advice to help you navigate these complexities. The webinar will take place at 10:00 EDT / 15:00 BST /…

Webinar summary: Customs & tariffs in the new US administration – Tuesday 3 June 2025

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On 3 June 2025, Baker McKenzie kicked off its Annual Compliance Conference Webinar Series with a session focusing on the evolving customs and tariffs landscape under the new U.S. administration. The panel, chaired by Jenny Revis, featured our global experts who unpacked a number of recent sweeping changes, as well as strategic responses for businesses impacted by the ongoing shifts in global trade. The panel examined the current tariff landscape in the US, looking at…

EU: CJEU sheds light on customs valuation for provisional pricing structures

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On 15 May 2025, the Court of Justice of the European Union (“CJEU”) has delivered a judgment in the ‘Tauritus’ case, offering crucial guidance on how to determine the customs value of imported products when their final price is not fixed at the time of importation but is subject to a provisional pricing arrangement. The ruling provides important considerations and clarification for businesses engaged in transactions with such pricing mechanisms. The judgement can be found via…

UK: Government launches draft legislation and consultation for introduction of a UK carbon border adjustment mechanism (CBAM)

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On 24 April 2025, HM Revenue & Customs (HMRC) and HM Treasury published draft primary legislation and an associated technical consultation on the introduction of a UK carbon border adjustment mechanism (CBAM). The draft CBAM legislation follows a prior public consultation on the UK Government’s initial proposals for a CBAM which concluded in June 2024. CBAM forms part of the UK government’s wider strategy to tackle carbon leakage. To achieve this it will impose a carbon price…

EU and Singapore sign digital trade agreement

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On 7 May 2025, the EU and Singapore took a step forward by signing a landmark Digital Trade Agreement (“DTA”). The DTA is a self-standing agreement – meaning it is separate to the EU-Singapore Free Trade Agreement and the EU-Singapore Investment Protection Agreement. This comprehensive agreement goes beyond traditional trade deals, focusing specifically on facilitating digital trade and addressing emerging challenges in the digital economy. Upon implementation, the DTA should bolster consumer confidence, guarantee reliable data…

EU: The CJEU clarifies the concept of repayment granted “in error”

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On 30 April 2025, the European Court of Justice (“CJEU“) issued a judgment on the concept of repayment granted “in error” as laid down in Article 116(7) of the Union Customs Code (“UCC“). This article (116 (7) of the UCC) provides that if customs authorities have granted repayment or remission in error, the original customs debt shall be re-instated (insofar not time-barred). The CJEU ruled that the concept of repayment granted in ‘error’ should be…

UK/US: UK Government and the US Administration Announce Trade Deal on Tariffs and Market Access

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The United Kingdom (UK) and the United States (US) have concluded a trade deal covering a range of products and promoting market access for goods. In response to the recent additional tariffs adopted by the US administration, both countries agreed to the following: Additionally, the UK-US trade deal includes: The US administration has also announced that this trade deal includes streamlined customs procedures for US exports, the creation of a secure supply chain for pharmaceutical…