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International Trade Updates

Read need-to-know updates, commentary, and analysis on International Trade issues written by leading professionals.
Wilson Sonsini Goodrich & Rosati

DOJ to Use FCPA as a Tool for Advancing White House Priorities and American Competitiveness

In February 2025, President Trump signed an executive order directing the U.S. Department of Justice (DOJ) to pause enforcement of the Foreign Corrupt Practices Act (FCPA) and to update its guidelines for enforcing the FCPA....more

Katten Muchin Rosenman LLP

SEC Seeks Feedback on "Foreign Private Issuer" Definition and Accommodations

On June 4, 2025, the Securities and Exchange Commission (SEC) issued a concept release, soliciting public comment on the definition of "foreign private issuer."...more

Cadwalader, Wickersham & Taft LLP

Heating Up, June 2025 - The UK’s Banking Regulator Sets Out Its Expectations When Supervising Non-UK Branches

The UK’s Prudential Regulation Authority (“PRA”) has published its final rules and policies in relation to its approach to supervising branches and subsidiaries of international banks headquartered, or part of a group based,...more

Morris, Manning & Martin, LLP

The Department of Justice's Criminal Division is Now Prioritizing Enforcement Related to Trade, Tariff, and Customs Fraud:...

On May 12, 2025, the U.S. Department of Justice’s (DOJ) Criminal Division released a memorandum containing the Trump Administration’s new white collar enforcement priorities. Consistent with the Administration’s heightened...more

DLA Piper

VAT Public Clarification VATP044

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On 26 May 2025, the UAE Federal Tax Authority (FTA) issued Public Clarification VATP044, confirming that UAE-based recipients of Concerned Services are not required to self-issue tax invoices if they retain valid invoices or...more

DLA Piper

Customs Agent Ordered to Pay GBP1m in Import VAT Relating to its Customer's Imports

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Roseline Logistics Ltd (Roseline) acted as a Customs agent for QP Trading Limited (QPTL) and made 32 import declarations between January and May 2022. Roseline claimed postponed VAT accounting (PVA) on QPTL's behalf in each...more

DLA Piper

New Jersey Weighs in on Sales Tax Impact of US Tariffs

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The current US administration has added tariffs to a variety of goods sold by US retailers but imported from foreign sellers. In other cases, foreign retailers subject to tariffs, may sell their products directly to US...more

Gray Reed

Appeals Court Keeps Trump’s Tariffs in Place—What’s Next for U.S. Trade Policy?

Gray Reed on

The ongoing legal battle over President Trump’s tariffs has taken another not completely unexpected turn, as a federal appeals court has decided to keep the tariffs in effect—at least for now. This decision comes amid a...more

The Volkov Law Group

Understanding Section 301 and 232 Tariffs

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With the rising importance of trade compliance programs, it is important to start with the law.  (Spoken like a true lawyer).  The U.S. relies on two powerful tariff tools — Section 301 and Section 232 tariffs.  Relying on...more

Alston & Bird

Court of Appeals for the Federal Circuit Pauses Tariffs Injunction While Appeal Plays Out

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On Tuesday the Court of Appeals for the Federal Circuit (the “CAFC”) granted the Trump Administration’s motion for a stay of the ruling issued last month by the Court of International Trade which blocked the tariffs enacted...more

DLA Piper

Revised EU FDI Screening Regulation’s Direction of Motion Following the European Parliament’s Review

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The EU Foreign Direct Investment (FDI) Screening Regulation (Regulation) entered into force in October 2020. It aims to create a cooperation mechanism which enables EU member states and the European Commission (EC) to...more

Baker Donelson

Trade Enforcement Risks Escalate with Increasing Tariffs: What Companies Should Do to Mitigate Risk

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The increase in tariffs and export control actions by the Trump Administration has led to additional reporting and compliance obligations for companies that import and export goods. To ensure these new tariffs and rules are...more

A&O Shearman

New UK SFO guidance on corporate cooperation and enforcement

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With much fanfare, the Serious Fraud Office has launched its refreshed guidance on Corporate Cooperation and Enforcement. The guidance coincides with several new powers the SFO is eager to use. Overall, the agency is...more

White & Case LLP

DOJ Issues Promised FCPA Guidance: Decoding the Message

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On June 10, 2025, the Department of Justice (“DOJ”) issued a memorandum establishing guidelines for enforcement of the Foreign Corrupt Practices Act (the “Guidelines” and “FCPA,” respectively). The DOJ issued the Guidelines...more

Perkins Coie

FCPA Is Here to Stay: DOJ Reaffirms Commitment to Enforce FCPA

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On June 9, 2025, the U.S. Department of Justice (DOJ) unveiled new guidelines for enforcing the Foreign Corrupt Practices Act (FCPA), marking a pivotal shift in how corruption cases are pursued. The guidelines seek to...more

Benesch

INCOTERMS - More Relevant to Procurement and Sales Than Ever Before

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The INCOTERMS published by the International Chamber of Commerce (ICC) have long served the international community by offering a “shorthand” for communicating key shipping terms. The ICC most recently issued the 2020 version...more

Eversheds Sutherland (US) LLP

Tax Bytes: Week of June 9, 2025

Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to...more

Jenner & Block

Client Alert: White House Narrows and Refocuses Biden Executive Order on Strengthening Federal Cybersecurity

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On June 6, 2025, President Donald J. Trump signed a new executive order on “Sustaining Select Efforts to Strengthen the Nation’s Cybersecurity and Amending Executive Order 13694 and Executive Order 14144” (“Trump Cyber EO”),...more

McDermott Will & Emery

DOJ Revives FCPA Enforcement With Narrower Scope

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On February 10, 2025, President Donald Trump issued an executive order pausing new Foreign Corrupt Practices Act (FCPA) investigations for 180 days (the EO). The EO directs the US Department of Justice (DOJ) to review...more

Holland & Knight LLP

Another Surprise in the One Big Beautiful Bill: Excise Tax on Remittances

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As Republicans in the U.S. Senate now consider the reconciliation bill, they will need to consider what tax provisions contained in the One Big Beautiful Bill (OBBB), passed by the U.S. House of Representatives on May 22,...more

Benesch

Pragmatic Regulatory Compliance for Global Risk

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Geopolitical risks to supply chains are top of mind across C-suites, but few say what it means. The term “geopolitical risk” has largely become a code word for import, export, and economic sanctions compliance. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

Deputy Attorney General Issues FCPA Guidelines Resuming Limited Enforcement

Key Points - - The U.S. Department of Justice (DOJ) will resume investigations and enforcement actions under the Foreign Corrupt Practices Act (FCPA), prioritizing, in part, FCPA actions involving cartels and transnational...more

White & Case LLP

U.S. Supreme Court Holds that the FSIA Does Not Require Proof of “Minimum Contacts” for a U.S. Court to Exercise Personal...

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On June 5, 2025, the U.S. Supreme Court issued a unanimous decision in CC/Devas (Mauritius) Limited v. Antrix Corp. Ltd. The Court clarified that the Foreign Sovereign Immunities Act permits a U.S. court to exercise personal...more

Alston & Bird

Tariff Blocks from D.C. Circuit, Court of International Trade on Hold While Trump Administration Appeals Decisions

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On June 3rd, after the White House asked the D.C. Circuit Court of Appeals to place a stay on a May 29, 2025, district court ruling that temporarily blocked enforcement of President Trump’s emergency tariffs, arguing that the...more

Jenner & Block

Client Alert: FLASH UPDATE - Tariffs' Cancellation Stay by Appellate Court

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On June 10, 2025, in an unusual en banc per curiam order, the US Court of Appeals for the Federal Circuit, which hears appeals from the US Court of International Trade (CIT) stayed the CIT’s order invalidating tariffs issued...more

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