Breaking Trade News: New 25% Tariff on Chips, Sanctions Against Iran, U.S. Trade Deficit Plummets

Here is a recap of the latest customs and international trade news:  

Administration 

  • President Trump issued a proclamation and fact sheet announcing a 25% tariff on certain semiconductors, semiconductor manufacturing equipment, and their derivatives. 
  • President Trump said in a Truth Social post that he will immediately impose a 25% tariff on any Country doing business with Iran. The White House has not yet issued an executive order or proclamation imposing the tariffs. 

Supreme Court 

  • The Supreme Court scheduled an opinion release date on January 14, but did not release its ruling on the highly anticipated IEEPA tariffs case. The Court has not yet announced when the next opinion release date will be. 
  • The Respondent merit briefs were filed in Montgomery v. Caribe Transport II, LLC, a case before the Supreme Court that will determine whether freight brokers may be held liable under varying state laws for accidents involving federally licensed motor carriers. Oral arguments will be held on March 4, 2026. 

Customs and Border Protection (CBP) 

  • CBP modified the Withhold Release Order on FGV Holdings Berhad in Malaysia. As of Jan. 15, 2026, the U.S. will no longer […]
By |2026-01-15T18:23:21-05:00January 15, 2026|news, Snapshot|0 Comments

Breaking Trade News: Furniture & Cabinet Tariff Delay, No IEEPA Decision from SCOTUS

Here is a recap of the latest customs and international trade news:    

Administration

  • The Trump Administration announced the postponement of the scheduled January 1st increase in the upholstered furniture, kitchen cabinets, and vanities 232 tariffs. They will remain at 25% (instead of 30% on furniture and 50% on kitchen cabinets and vanities) for an additional year.
  • The White House published a proclamation extending duty-free treatment of some agricultural products under quota from Israel through December 31, 2026. 

Supreme Court

  • The Supreme Court did not release its much-anticipated decision on the fate of IEEPA tariffs on its opinion day, January 9. The Court said it may release additional opinions on January 14.

Industry News

  • The United States filed a customs penalty lawsuit against two importers and their owner, alleging that the defendants undervalued their entries to avoid hundreds of thousands of dollars in duties. The government is seeking a penalty of over $3.4 million.

Customs and Border Protection (CBP)

  • CBP published an Interim Final Rule regarding electronic refunds. Effective February 6, 2026, CBP will process all refunds electronically. The agency will not issue any refunds by check unless a waiver has been approved.
  • CBP will be […]
By |2026-01-12T11:02:11-05:00January 12, 2026|news, Snapshot|0 Comments

ICYMI: FDA Issues Final Guidance On Formal Dispute and Administrative Hearings of Final Orders for OTC Monograph Drugs

On December 23, 2025, the Food and Drug Administration (FDA) published a Federal Registerthe  notice announcing the availability of a final guidance for industry entitled “Formal Dispute Resolution and Administrative Hearings of Final Administrative Orders Under Section 505G of the Federal Food, Drug, and Cosmetic Act.” 

This guidance provides recommendations on the formal dispute resolution (FDR) and administrative hearings procedures for resolving disputes between the Center for Drug Evaluation and Research (CDER) and requestors and sponsors of drugs that will be subject to a final administrative order under section 505G of the Federal Food, Drug, and Cosmetic Act (FD&C Act). 

Background 

Section 505G of the FD&C Act was added by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in March 2020. After the FDA issues a Final Order in accordance with section 505G(b)(2) of the FD&C Act, the FDA must afford eligible requestors or sponsors the opportunity for FDR and hearings on disputes over the Final Order. 

The FDA previously agreed to specific performance goals and procedures described in a commitment letter (read here). The commitment letter specified that the agency would revise previous guidance for industry to include circumstances and procedures under which FDR may be used with respect to Final Orders under section 505G of the FD&C Act. The letter also stated that the agency would issue guidance on its views regarding […]

CBP to Implement Fully Electronic Refund Processing via ACE

Effective February 6, 2026, CBP will process all refunds electronically. The agency will not issue any refunds by check unless a waiver has been approved.

Background

Historically, the majority of CBP refunds for the overpayment of duties, taxes, and fees were transmitted via paper checks issued by the U.S. Department of the Treasury. The issuance of electronic refunds via ACH has been available for some time, but opting-in for electronic refunds has been voluntary and limited in scope. In 2024 and 2025, approximately 30% of the refunds CBP issued annually were issued electronically.

On March 25, 2025, President Trump issued an Executive Order titled “Modernizing Payments To and From America’s Bank Account.” The order mandates the transition from paper checks to electronic payments for all Federal disbursements and receipts.

Electronic Refunds

To implement the electronic payments Executive Order, CBP published an Interim Final Rule on January 2, 2026, announcing that the agency will issue all refunds electronically (subject to certain exceptions under 31 CFR part 208) effective February 6, 2026. This rule applies to refunds issued to all importers, brokers, filers, sureties, service providers, facility operators, foreign trade zone operators, and carriers,  and any designated third parties listed on CBP Form 4811. After this date, CBP will not issue any refunds by check, unless a waiver has been approved. Comments on the Interim Final Rule are due March […]

Diaz Trade Law Celebrates 10 Years

2025 marks TEN YEARS of helping businesses navigate the complexities of customs and trade law. We would not be here without our amazing clients, partners, and community. We ended the year with a gathering of friends, family, clients, and partners to celebrate our 10 year anniversary.

 

DTL has grown year after year: a women-owned law firm, a growing team, and an incredible client base. Along the way we’ve earned meaningful wins, milestones, recognition, and awards—but what matters most is the consistency behind it. The kind of compounding progress that only happens when you show up relentlessly and deliver.

We’ve built a stellar team and we’re intentional about how we grow—high standards, high accountability, and a real commitment to work-life balance.

We can’t wait to see what the next 10 years bring!

By |2026-02-09T20:48:28-05:00December 30, 2025|news|0 Comments
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