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US: Landmark Supreme Court Decision Holds IEEPA Tariffs Invalid

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In a widely anticipated decision, on February 20, 2026, the US Supreme Court ruled in Learning Resources, Inc. v. Trump that the International Emergency Economic Powers Act (“IEEPA”) does not authorize the President to impose tariffs. This decision invalidates substantial tariffs that President Trump imposed under the IEEPA in the first year of his second term, resetting the trade landscape. Following the Supreme Court’s announcement, the Trump Administration issued an executive order terminating the IEEPA tariffs,…

2026 Global Trade and Customs Webinar Series

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Baker McKenzie’s Global Trade Team is pleased to invite you to our 2026 Global Trade and Customs Webinar Series. This series includes a variety of sessions spread throughout the year, addressing the latest developments in trade and customs compliance. In these sessions, our panel of international trade and customs experts will discuss key trends and topics including customs, sanctions, export controls and trade remedies developments across regions. Click here for more information and to register.

US: After the Federal Circuit IEEPA Tariff Ruling, What Comes Next?

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On August 29, the US Court of Appeals for the Federal Circuit (CAFC) issued a 7-4 en banc opinion in VOS Selections, Inc v. Trump, holding that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose broad, indefinite tariffs. The case was initially brought in the Court of International Trade (CIT) by private businesses and US state attorneys general. The President invoked IEEPA on various grounds, including concerns about drug…

US: CBP Effectuates Executive Order Increasing Tariffs by 25% for a total 50% on Indian Imports over Purchases of Russian Oil

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On August 25, U.S. Customs and Border Protection (“CBP”) issued a draft Federal Register notice to effectuate the President’s Executive Order (“EO”) on “Addressing Threats to the United States by the Government of the Russian Federation,” which imposed additional tariffs on imports of Indian origin due to India directly or indirectly importing Russian oil. Under these new tariffs, imports of most goods of Indian origin will be subject to an additional 25% duty, effective August 27, which…

EU: EU suspends its US countermeasures until further notice

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On 5 August 2025, the European Commission adopted Implementing Regulation (EU) 2025/1727, suspending the commercial rebalancing measures imposed under Implementing Regulation (EU) 2025/1564. The suspension follows the political agreement reached between the EU and the US on 27 July 2025 (see our prior blog post on the EU – US Trade Deal here) and signals the EU’s intent to continue the negotiations constructively. On 24 July 2025, the EU published Implementing Regulation (EU) No. 2025/1564…

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: 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…

Brazilian Economic Reciprocity Law is published to safeguard Brazilian interests against unilateral measures adopted by other countries or economic blocs

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In a context of increasing trade barriers to Brazilian exports, especially the additional tariffs imposed by the United States (US Reciprocal Tariffs) that include Brazilian exports, in addition to environmental restrictions on the export of Brazilian products by the European Union and other countries (such as the Carbon Border Adjustment Mechanism (CBAM) and other carbon control mechanisms (e.g. UK CBAM), imposed by the European Union and other countries), Law No. 15.122/2025 (known as the “Economic Reciprocity Law”)…

EU: EU and US Agree to 90-Day Tariff Pause: A Step Towards Stabilizing Global Trade

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Following the 90-day pause by President Trump on the individualized reciprocal tariffs (see our blog post here), the European Union (EU) followed suit and introduced a 90-day postponement of its retaliatory tariffs aimed at the US. This decision was made to allow both parties to engage in further negotiations and potentially reach a more amicable trade agreement. European Commission President Ursula von der Leyen welcomed President Trump’s decision, stating that the pause would help stabilize…