The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has released a Fact Sheet and updated FAQs clarifying the scope of Syria General License 25. The guidance outlines authorized activities during the transition period and aims to assist businesses and humanitarian actors in navigating the rollback. Read More

As of May 14, 2025, the United States and China have agreed to a 90-day suspension of tariffs. While most duties are paused, the U.S. will maintain a 10% reciprocal tariff under the International Emergency Economic Powers Act (IEEPA). Both nations plan to use the pause to continue negotiations aimed at improving long-term trade relations….

The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has initiated a Section 232 national security investigation focused on imports of commercial aircraft, jet engines, and related parts. Stakeholders and industry participants are invited to submit comments, which are due by June 3, 2025. Read More

Canada has issued Notice 25-19, outlining a remission process for surtaxes on U.S.-origin goods effectively allowing duty refunds. The notice covers goods used in Canadian manufacturing, processing, and food and beverage packaging, as well as items tied to public health, healthcare, public safety, and national security purposes. Read More