Tag: Customs Duties
-
Seven months after the Supreme Court struck down the IEEPA tariffs, more than 100 billion dollars has flowed back to US importers, but small businesses, government appeals and a wall of class actions leave tens of billions in limbo WASHINGTON, September 14, 2026 The largest tax refund operation in American history is now well past…
-
Seven months after the Supreme Court struck down the IEEPA tariffs, more than $128 billion in refund claims are moving through Customs, a Wall Street market in refund rights is booming, and a Federal Circuit appeal could still upend it all By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, September 11, 2026 The largest…
-
Trump promises $5,000 “Trump Dividends” funded partly by tariff revenue if Republicans hold Congress, reviving a rebate idea that economists and some GOP senators have panned WASHINGTON, September 10, 2026 President Donald Trump vowed Wednesday night to send a $5,000 “dividend” to every American citizen after the midterm elections, funded in part by his administration’s…
-
Australia’s latest round of Tariff Concession Order amendments grants new duty-free access for some imported goods while revoking concessions on others, reshuffling costs for importers across more than thirty countries CANBERRA, August 29, 2026 Australia has published a fresh batch of customs tariff amendments under its Tariff Concession Order system, simultaneously granting new duty-free concessions…
-
Four months into provisional tariff cuts, the EU-Mercosur pact is moving real goods across the Atlantic while its legal fate rests with judges in Luxembourg. BRUSSELS, August 25, 2026 The EU-Mercosur trade relationship enters the final week of August in a condition that has no clean precedent in modern trade policy: tariffs are falling, quotas…
-
Trump waives out-of-quota tariffs on 300,000 tonnes of ground beef for 90 days, drawing fire from ranchers and Republican allies as food prices dominate the midterm landscape WASHINGTON, Aug. 24, 2026 By the US Trade Desk, Peacock Tariff Consulting President Donald Trump has ordered a 90-day suspension of out-of-quota tariffs on up to 300,000 metric…
-
India throws open a rare duty-free window for 1 million tonnes of raw sugar imports, suspending a 100 percent tariff wall to tame record domestic prices before the festival season. NEW DELHI, Aug. 23, 2026. India, the world’s largest consumer of sugar and one of its most protected sugar markets, has cracked open its tariff…
-
Tariff refunds ordered after the Supreme Court’s IEEPA ruling have exceeded new tariff collections every month since May, new data show, wiping out net customs revenue and complicating the administration’s fiscal claims WASHINGTON, Aug. 23, 2026 The federal government is now paying out more in tariff refunds than it collects in tariffs, a reversal without…
-
A dormant 1930 retaliation clause becomes live law against Canada, and CUSMA origin offers no shelter. What the three proclamations actually say, and what they mean for compliance OTTAWA AND WASHINGTON, August 22, 2026 The tariff that took effect against Canadian goods at 12:01 a.m. Eastern time on Saturday is not remarkable for its rate.…
-
Washington shelved a 50 per cent tariff on roughly US$20 billion of Canadian goods with less than two hours to spare, but no legal text has been published and the reprieve expires Saturday OTTAWA, August 20, 2026 The first tariff in nearly a century imposed under Section 338 of the United States Tariff Act of…